VJTTY (voxeljet AG) Receivables Turnover: 1.16 (As of Sep. 2023)

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VJTTY voxeljet AG VJTTY
12 GF Score
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What is voxeljet AG Receivables Turnover?

voxeljet AG VJTTY 12 Receivables Turnover is 1.16 as of Sep. 2023. GuruFocus rates VJTTY with a GF Score™ of 12/100.

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. voxeljet AG's Revenue for the three months ended in Sep. 2023 was $6.58 Mil. voxeljet AG's average Accounts Receivable for the three months ended in Sep. 2023 was $5.66 Mil. Hence, voxeljet AG's Receivables Turnover for the three months ended in Sep. 2023 was 1.16.


voxeljet AG  (OTCPK:VJTTY) 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.


voxeljet AG Receivables Turnover Related Terms


voxeljet AG Receivables Turnover Historical Data

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The historical data trend for voxeljet 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.

voxeljet AG Receivables Turnover Chart

voxeljet AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 4.07 4.28 4.45 4.39

voxeljet AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.92 1.88 1.04 1.22 1.16

VJTTY vs FATH, UAVS, STRC: Receivables Turnover Comparison

For the Computer Hardware subindustry, voxeljet 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.


voxeljet AG Receivables Turnover vs Hardware Industry

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

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


VJTTY
12GF Score
voxeljet AG VJTTY
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voxeljet AG Receivables Turnover Calculation

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

voxeljet AG's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=29.483 / ((6.901 + 6.531) / 2 )
=29.483 / 6.716
=4.39

voxeljet AG's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=6.582 / ((6.238 + 5.073) / 2 )
=6.582 / 5.6555
=1.16

* 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 1.16 mean?
voxeljet AG (VJTTY) has a Receivables Turnover of 1.16 as of Sep. 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 voxeljet AG and its competitors.
Is voxeljet AG's Receivables Turnover too high?
voxeljet AG's current Receivables Turnover is 1.16. The Hardware industry median Receivables Turnover is 4.90. voxeljet AG's value of 1.16 is 76.3% below this industry median. Overall, voxeljet AG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does voxeljet AG's Receivables Turnover compare to FATH and UAVS?
voxeljet AG's Receivables Turnover of 1.16 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.90. voxeljet AG's value of 1.16 is 76.3% 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 a Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. voxeljet AG's current Receivables Turnover of 1.16 is 76.3% 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 voxeljet AG and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. voxeljet AG's current Receivables Turnover is 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is voxeljet AG stock overvalued right now?
voxeljet AG (VJTTY) has a current Receivables Turnover of 1.16. The current Receivables Turnover is 1.16 and 76.3% below the Hardware industry median of 4.90. voxeljet AG's overall GF Score™ is 12/100. 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 voxeljet AG (VJTTY), the current Receivables Turnover is 1.16 as of Sep. 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.

voxeljet AG Business Description

Address Paul-Lenz Strasse 1a, Augsburg, DEU, 86316
voxeljet AG is in the business of providing high-speed large-format 3d printers and on-demand parts services to industrial and commercial customers and also specializes in Powder-binder-Jetting of plastic and sand. Its product portfolio consists of 3d printers such as VX200, VX500, and VX100. The company supplies its products to the industries such as Foundries, Automotive industries, Aerospace, Pumps, Architecture, Film, and Museum etc. It has Systems and Services operating segments.
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