Hyrican Informationssysteme AG (STU:HYI) Receivables Turnover : 3.96 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Hyrican Informationssysteme AG 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. Hyrican Informationssysteme AG's Revenue for the six months ended in Dec. 2023 was €24.64 Mil. Hyrican Informationssysteme AG's average Accounts Receivable for the six months ended in Dec. 2023 was €6.23 Mil. Hence, Hyrican Informationssysteme AG's Receivables Turnover for the six months ended in Dec. 2023 was 3.96.

Hyrican Informationssysteme AG Receivables Turnover Historical Data

The historical data trend for Hyrican Informationssysteme AG'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.

Hyrican Informationssysteme AG Receivables Turnover Chart

Hyrican Informationssysteme AG Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.21

5.06

4.77

3.41

3.96

Hyrican Informationssysteme AG Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover	Get a 7-Day Free Trial											4.21	5.06	4.77	3.41	3.96

Competitive Comparison of Hyrican Informationssysteme AG's Receivables Turnover

For the Computer Hardware subindustry, Hyrican Informationssysteme AG'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.

Hyrican Informationssysteme AG's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hyrican Informationssysteme AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hyrican Informationssysteme AG's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Hyrican Informationssysteme AG Receivables Turnover Calculation

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

Hyrican Informationssysteme AG'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 )
=	24.643	/ (	(5.599	+	6.858)	/	2 )
=	24.643	/	6.2285
=	3.96

Hyrican Informationssysteme AG's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	24.643	/ (	(5.599	+	6.858)	/	2 )
=	24.643	/	6.2285
=	3.96

Hyrican Informationssysteme AG (STU:HYI) 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.

Hyrican Informationssysteme AG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hyrican Informationssysteme AG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hyrican Informationssysteme AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hyrican Informationssysteme AG (STU:HYI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HYI:Germany

Address

Kalkplatz 5, Kindelbrueck, DEU, 99638

Website

https://www.hyrican.de

Hyrican Informationssysteme AG is engaged in the development, manufacture, and trading of information and communication technology systems and hardware and software products in Germany.