SIT SpA (MIL:SIT) Receivables Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is SIT SpA Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. SIT SpA's Revenue for the six months ended in Dec. 2023 was €0.0 Mil. SIT SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €58.0 Mil.

SIT SpA Receivables Turnover Historical Data

The historical data trend for SIT SpA's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SIT SpA Receivables Turnover Chart

SIT SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.45

5.23

6.27

6.56

5.13

SIT SpA Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial										2.94	3.25	3.11	-	-

Competitive Comparison of SIT SpA's Receivables Turnover

For the Specialty Industrial Machinery subindustry, SIT SpA's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SIT SpA's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SIT SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SIT SpA's Receivables Turnover falls into.

SIT SpA Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

SIT SpA's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	326.261	/ (	(63.8	+	63.458)	/	2 )
=	326.261	/	63.629
=	5.13

SIT SpA's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0	/ (	(52.512	+	63.458)	/	2 )
=	0	/	57.985
=	N/A

SIT SpA (MIL:SIT) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

SIT SpA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of SIT SpA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SIT SpA (MIL:SIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SIT SpA (MIL:SIT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale A. Volta, 2, Cusago, Milan, ITA, 20090

Website

http://www.sitspa.it

SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.

SIT SpA (MIL:SIT) Headlines

No Headlines