CEWE Stiftung KGaA (WBO:CWC) Receivables Turnover : 2.74 (As of Mar. 2024)

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What is CEWE Stiftung KGaA 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. CEWE Stiftung KGaA's Revenue for the three months ended in Mar. 2024 was €174.0 Mil. CEWE Stiftung KGaA's average Accounts Receivable for the three months ended in Mar. 2024 was €63.5 Mil. Hence, CEWE Stiftung KGaA's Receivables Turnover for the three months ended in Mar. 2024 was 2.74.

CEWE Stiftung KGaA Receivables Turnover Historical Data

The historical data trend for CEWE Stiftung KGaA'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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CEWE Stiftung KGaA Receivables Turnover Chart

CEWE Stiftung KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.07

8.50

8.77

8.61

8.51

CEWE Stiftung KGaA 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															2.39	4.04	4.20	5.07	2.74

Competitive Comparison of CEWE Stiftung KGaA's Receivables Turnover

For the Personal Services subindustry, CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA's Receivables Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CEWE Stiftung KGaA's Receivables Turnover falls into.

CEWE Stiftung KGaA Receivables Turnover Calculation

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

CEWE Stiftung KGaA'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 )
=	805.692	/ (	(98.148	+	91.122)	/	2 )
=	805.692	/	94.635
=	8.51

CEWE Stiftung KGaA'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 )
=	173.976	/ (	(91.122	+	35.918)	/	2 )
=	173.976	/	63.52
=	2.74

CEWE Stiftung KGaA (WBO:CWC) 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.

CEWE Stiftung KGaA Receivables Turnover Related Terms

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CEWE Stiftung KGaA (WBO:CWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » CEWE Stiftung & Co KGaA (WBO:CWC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

0N8F:UK CWC:Germany CWC:Germany CWC:Germany CWC:Germany

Address

Meerweg 30 - 32, Oldenburg, NI, DEU, 26133

Website

https://www.cewe.de

CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.

CEWE Stiftung KGaA (WBO:CWC) Headlines

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