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Cambium Networks (STU:089) Receivables Turnover : 0.76 (As of Sep. 2024)


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What is Cambium Networks 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. Cambium Networks's Revenue for the three months ended in Sep. 2024 was €39.4 Mil. Cambium Networks's average Accounts Receivable for the three months ended in Sep. 2024 was €52.1 Mil. Hence, Cambium Networks's Receivables Turnover for the three months ended in Sep. 2024 was 0.76.


Cambium Networks Receivables Turnover Historical Data

The historical data trend for Cambium Networks'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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Cambium Networks Receivables Turnover Chart

Cambium Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 4.54 4.56 5.46 3.83 2.82

Cambium Networks 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 0.59 0.64 0.69 0.80 0.76

Competitive Comparison of Cambium Networks's Receivables Turnover

For the Communication Equipment subindustry, Cambium Networks'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.


Cambium Networks's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cambium Networks's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cambium Networks's Receivables Turnover falls into.


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Cambium Networks Receivables Turnover Calculation

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

Cambium Networks'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 )
=201.919 / ((84.732 + 58.632) / 2 )
=201.919 / 71.682
=2.82

Cambium Networks'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 )
=39.397 / ((52.656 + 51.605) / 2 )
=39.397 / 52.1305
=0.76

* 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.


Cambium Networks  (STU:089) 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.


Cambium Networks Receivables Turnover Related Terms

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Cambium Networks Business Description

Traded in Other Exchanges
Address
C/o Cambium Networks, Inc, 3800 Golf Road, Suite 360, Rolling Meadows, IL, USA, 60008
Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises, and government agencies. The company geographically operates in North America; Europe, Middle East and Africa; Caribbean and Latin America; and Asia Pacific. It derives maximum revenue from North America.

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