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AB Dynamics (STU:6DY) Receivables Turnover : 4.21 (As of Aug. 2024)


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What is AB Dynamics 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. AB Dynamics's Revenue for the six months ended in Aug. 2024 was €69.3 Mil. AB Dynamics's average Accounts Receivable for the six months ended in Aug. 2024 was €16.5 Mil. Hence, AB Dynamics's Receivables Turnover for the six months ended in Aug. 2024 was 4.21.


AB Dynamics Receivables Turnover Historical Data

The historical data trend for AB Dynamics'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.

AB Dynamics Receivables Turnover Chart

AB Dynamics Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.45 5.36 6.54 9.77 10.43

AB Dynamics Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 3.26 3.30 3.64 3.81 4.21

Competitive Comparison of AB Dynamics's Receivables Turnover

For the Auto Parts subindustry, AB Dynamics'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.


AB Dynamics's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AB Dynamics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AB Dynamics's Receivables Turnover falls into.



AB Dynamics Receivables Turnover Calculation

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

AB Dynamics's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=130.708 / ((12.102 + 12.972) / 2 )
=130.708 / 12.537
=10.43

AB Dynamics's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

Receivables Turnover (Q: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Aug. 2024 ) / ((Accounts Receivable (Q: Feb. 2024 ) + Accounts Receivable (Q: Aug. 2024 )) / count )
=69.316 / ((19.969 + 12.972) / 2 )
=69.316 / 16.4705
=4.21

* 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.


AB Dynamics  (STU:6DY) 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.


AB Dynamics Receivables Turnover Related Terms

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AB Dynamics Business Description

Traded in Other Exchanges
Address
Middleton Drive, Bradford on Avon, Wiltshire, GBR, BA15 1GB
AB Dynamics PLC supplies measurement and testing equipment to the automotive industry. The principal activity of the Group is the design, manufacture, and supply of testing, simulation and measurement products for the world-wide transport market. The Group's products and services are used for the development of road vehicles, particularly in the areas of active safety and autonomous systems. The Group derives the majority of revenue from Laboratory testing and simulation and includes Track testing. Geographically, key revenue is generated from Asia Pacific that includes the United Kingdom, the Rest of European, North America, and the Rest of the World.

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