Adtran Networks SE (WBO:ADV) Receivables Turnover : 1.41 (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Adtran Networks SE 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. Adtran Networks SE's Revenue for the three months ended in Jun. 2023 was €170.2 Mil. Adtran Networks SE's average Accounts Receivable for the three months ended in Jun. 2023 was €121.1 Mil. Hence, Adtran Networks SE's Receivables Turnover for the three months ended in Jun. 2023 was 1.41.

Adtran Networks SE Receivables Turnover Historical Data

The historical data trend for Adtran Networks SE'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.

Adtran Networks SE Receivables Turnover Chart

Adtran Networks SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.74

6.27

7.23

6.89

5.13

Adtran Networks SE Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.58	1.64	1.43	1.41	-

Competitive Comparison of Adtran Networks SE's Receivables Turnover

For the Communication Equipment subindustry, Adtran Networks SE'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.

Adtran Networks SE's Receivables Turnover Distribution in the Hardware Industry

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

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

Adtran Networks SE Receivables Turnover Calculation

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

Adtran Networks SE'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 )
=	613.671	/ (	(123.651	+	115.615)	/	2 )
=	613.671	/	119.633
=	5.13

Adtran Networks SE's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	170.188	/ (	(126.501	+	115.667)	/	2 )
=	170.188	/	121.084
=	1.41

Adtran Networks SE (WBO:ADV) 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.

Adtran Networks SE Receivables Turnover Related Terms

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

Adtran Networks SE (WBO:ADV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Adtran Networks SE (WBO:ADV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ADVOF:USA 0NOL:UK ADV:Germany

Address

Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, DEU, 82152

Website

https://www.adva.com

Adtran Networks SE Formerly ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.