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Traton SE (OSTO:8TRA) Receivables Turnover : 1.21 (As of Sep. 2024)


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What is Traton SE 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. Traton SE's Revenue for the three months ended in Sep. 2024 was kr134,714 Mil. Traton SE's average Accounts Receivable for the three months ended in Sep. 2024 was kr111,289 Mil. Hence, Traton SE's Receivables Turnover for the three months ended in Sep. 2024 was 1.21.


Traton SE Receivables Turnover Historical Data

The historical data trend for Traton SE'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.

Traton SE Receivables Turnover Chart

Traton SE Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 7.60 6.37 7.62 7.25 6.63

Traton SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.26 1.48 1.35 1.18 1.21

Competitive Comparison of Traton SE's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Traton SE'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.


Traton SE's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Traton SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Traton SE's Receivables Turnover falls into.



Traton SE Receivables Turnover Calculation

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

Traton SE'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 )
=524334.506 / ((73723.377 + 84499.357) / 2 )
=524334.506 / 79111.367
=6.63

Traton SE's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=134714 / ((108798.392 + 113779.176) / 2 )
=134714 / 111288.784
=1.21

* 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.


Traton SE  (OSTO:8TRA) 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.


Traton SE Receivables Turnover Related Terms

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Traton SE Business Description

Address
Hanauer Street 26, Munich, BY, DEU, 80992
Traton SE is a commercial vehicle manufacturer. The group's product portfolio comprises trucks, buses, and light-duty commercial vehicles. Transforming Transportation Together. For a sustainable world. this intention underlines the company's ambition to have a lasting and sustainable impact on the commercial vehicle business and the group's commercial growth.
Executives
Christian Levin Board of Directors

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