SHPWQ (Shapeways Holdings) Receivables Turnover: 2.22 (As of Dec. 2023)

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What is Shapeways Holdings Receivables Turnover?

Shapeways Holdings SHPWQ -99.00% Receivables Turnover is 2.22 as of Dec. 2023.

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. Shapeways Holdings's Revenue for the three months ended in Dec. 2023 was $9.45 Mil. Shapeways Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $4.26 Mil. Hence, Shapeways Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 2.22.

Shapeways Holdings  (OTCPK:SHPWQ) 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.

Shapeways Holdings Receivables Turnover Related Terms

Shapeways Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shapeways Holdings'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.

Shapeways Holdings Receivables Turnover Chart

Shapeways Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
221.93 189.14 43.19 22.27 10.96

Shapeways Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.91 4.25 3.11 2.39 2.22

SHPWQ vs OPTT, NSGP, AUSI: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Shapeways Holdings'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.

Shapeways Holdings Receivables Turnover vs Industrial Products Industry

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

* The bar in red indicates where Shapeways Holdings's Receivables Turnover falls into.


Shapeways Holdings Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=34.46 / ((1.606 + 4.68) / 2 )
=34.46 / 3.143
=10.96

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

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=9.45 / ((3.832 + 4.68) / 2 )
=9.45 / 4.256
=2.22

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.22 mean?
Shapeways Holdings (SHPWQ) has a Receivables Turnover of 2.22 as of Dec. 2023. The accounts 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. View historical data on Shapeways Holdings and its competitors.
Is Shapeways Holdings' Receivables Turnover too high?
Shapeways Holdings' current Receivables Turnover is 2.22. The Industrial Products industry median Receivables Turnover is 4.45. Shapeways Holdings' value of 2.22 is 50.1% below this industry median.
How does Shapeways Holdings' Receivables Turnover compare to OPTT and NSGP?
Shapeways Holdings' Receivables Turnover of 2.22 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. Shapeways Holdings' value of 2.22 is 50.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shapeways Holdings's current Receivables Turnover of 2.22 is 50.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Shapeways Holdings and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shapeways Holdings's current Receivables Turnover is 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapeways Holdings stock overvalued right now?
Shapeways Holdings (SHPWQ) has a current Receivables Turnover of 2.22. The current Receivables Turnover is 2.22 and 50.1% below the Industrial Products industry median of 4.45. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Shapeways Holdings (SHPWQ), the current Receivables Turnover is 2.22 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shapeways Holdings Business Description

Address 12163 Globe Street, Livonia, MI, USA, 48150
Shapeways Holdings Inc is a leading digital manufacturer combining high quality, flexible on-demand manufacturing with purpose-built proprietary software to offer customers an end-to-end digital manufacturing platform on which they can rapidly transform digital designs into physical products. It makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process. The Company reports in one segment, which focuses on providing additive manufacturing services to customers.