MSAfety (STU:M07) Receivables Turnover : 1.44 (As of Mar. 2024)

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What is MSAfety 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. MSAfety's Revenue for the three months ended in Mar. 2024 was €380 Mil. MSAfety's average Accounts Receivable for the three months ended in Mar. 2024 was €263 Mil. Hence, MSAfety's Receivables Turnover for the three months ended in Mar. 2024 was 1.44.

MSAfety Receivables Turnover Historical Data

The historical data trend for MSAfety'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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MSAfety Receivables Turnover Chart

MSAfety Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.67

5.07

5.73

5.71

5.95

MSAfety Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.37	1.53	1.51	1.66	1.44

Competitive Comparison of MSAfety's Receivables Turnover

For the Security & Protection Services subindustry, MSAfety'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.

MSAfety's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MSAfety's Receivables Turnover distribution charts can be found below:

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

MSAfety Receivables Turnover Calculation

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

MSAfety'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 )
=	1639.272	/ (	(280.394	+	270.22)	/	2 )
=	1639.272	/	275.307
=	5.95

MSAfety's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	380.238	/ (	(270.22	+	256.757)	/	2 )
=	380.238	/	263.4885
=	1.44

MSAfety (STU:M07) 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.

MSAfety Receivables Turnover Related Terms

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MSAfety (STU:M07) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MSA Safety Inc (STU:M07) » Definitions » Receivables Turnover

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MSA:USA

Address

1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207

Website

https://www.msasafety.com

MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The products include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems. End markets include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. MSA Safety generates most of its revenue in North America. The company's reportable geographic segments are Americas, International and Corporate.

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