SESMF (SUESS MicroTec SE) Receivables Turnover : 7.96 (As of Sep. 2024)

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What is SUESS MicroTec 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. SUESS MicroTec SE's Revenue for the three months ended in Sep. 2024 was $113.7 Mil. SUESS MicroTec SE's average Accounts Receivable for the three months ended in Sep. 2024 was $14.3 Mil. Hence, SUESS MicroTec SE's Receivables Turnover for the three months ended in Sep. 2024 was 7.96.

SUESS MicroTec SE Receivables Turnover Historical Data

The historical data trend for SUESS MicroTec 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.

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SUESS MicroTec SE Receivables Turnover Chart

SUESS MicroTec SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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10.28

14.38

15.19

14.55

16.79

SUESS MicroTec 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															4.14	6.88	5.89	7.51	7.96

Competitive Comparison of SUESS MicroTec SE's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, SUESS MicroTec 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.

SUESS MicroTec SE's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SUESS MicroTec SE's Receivables Turnover distribution charts can be found below:

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

SUESS MicroTec SE Receivables Turnover Calculation

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

SUESS MicroTec 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 )
=	331.802	/ (	(20.229	+	19.286)	/	2 )
=	331.802	/	19.7575
=	16.79

SUESS MicroTec 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 )
=	113.741	/ (	(13.245	+	15.325)	/	2 )
=	113.741	/	14.285
=	7.96

SUESS MicroTec SE (OTCPK:SESMF) 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.

SUESS MicroTec SE Receivables Turnover Related Terms

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SUESS MicroTec SE Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SUESS MicroTec SE (OTCPK:SESMF) » Definitions » Receivables Turnover

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SMHNd:UK 0Q3C:UK SMHN:Germany

Address

Schleissheimer Strasse 90, Garching, DEU, 85748

Website

https://www.suss.com

SUESS MicroTec SE develops, manufactures, markets, and maintains systems for the production of microelectronics, microelectromechanical systems, and related applications. The group operates through four segments: Advanced Backend Solutions, Photomask Solutions, MicroOptics and Central Group Functions. It generates the majority of its revenue from the Advanced Backend Solutions segment. The group has its operations in the region of Germany, the United States, the United Kingdom, France, Switzerland, Japan, China, Singapore, South Korea, Taiwan, and the Netherlands.

SUESS MicroTec SE Headlines

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SUSS MicroOptics Wins the Swiss Manufacturing Award 2021

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SUSS MicroTec extends Photomask Equipment Offering with MaskTrack GlueBuster

By ACCESSWIRE AccessWire • 04-12-2019