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AS Ditton pievadkezu rupnica (ORSE:DPK1R) Receivables Turnover : 2.37 (As of Jun. 2023)


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What is AS Ditton pievadkezu rupnica 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. AS Ditton pievadkezu rupnica's Revenue for the three months ended in Jun. 2023 was €0.83 Mil. AS Ditton pievadkezu rupnica's average Accounts Receivable for the three months ended in Jun. 2023 was €0.35 Mil. Hence, AS Ditton pievadkezu rupnica's Receivables Turnover for the three months ended in Jun. 2023 was 2.37.


AS Ditton pievadkezu rupnica Receivables Turnover Historical Data

The historical data trend for AS Ditton pievadkezu rupnica'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.

AS Ditton pievadkezu rupnica Receivables Turnover Chart

AS Ditton pievadkezu rupnica Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.61 7.74 8.75 10.98 10.89

AS Ditton pievadkezu rupnica Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 2.19 1.62 3.22 2.37

Competitive Comparison of AS Ditton pievadkezu rupnica's Receivables Turnover

For the Auto Parts subindustry, AS Ditton pievadkezu rupnica'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.


AS Ditton pievadkezu rupnica's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AS Ditton pievadkezu rupnica's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AS Ditton pievadkezu rupnica's Receivables Turnover falls into.



AS Ditton pievadkezu rupnica Receivables Turnover Calculation

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

AS Ditton pievadkezu rupnica's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=4.452 / ((0.561 + 0.257) / 2 )
=4.452 / 0.409
=10.89

AS Ditton pievadkezu rupnica's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0.828 / ((0.333 + 0.365) / 2 )
=0.828 / 0.349
=2.37

* 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.


AS Ditton pievadkezu rupnica  (ORSE:DPK1R) 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.


AS Ditton pievadkezu rupnica Receivables Turnover Related Terms

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AS Ditton pievadkezu rupnica (ORSE:DPK1R) Business Description

Traded in Other Exchanges
N/A
Address
Visku Street 17, Daugavpils, LVA, LV-5410
AS Ditton pievadkezu rupnica Manufacturer's bearings, gears, gearing, and driving elements. Its product profile includes roller chains, motorcycle, and snowmobile chains, automotive chains, leaf chains, and special chains. It also provides different services such as mechanical and heat treatment of metals, Used machinery for sale, and customs warehouse. It sells its products in two main segments of its markets Western and Eastern markets. The majority of the revenue comes from the Eastern Market.

AS Ditton pievadkezu rupnica (ORSE:DPK1R) Headlines

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