Sif Holding NV (XAMS:SIFG) Receivables Turnover : 11.29 (As of Jun. 2024)

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What is Sif Holding NV 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. Sif Holding NV's Revenue for the six months ended in Jun. 2024 was €231.0 Mil. Sif Holding NV's average Accounts Receivable for the six months ended in Jun. 2024 was €20.5 Mil. Hence, Sif Holding NV's Receivables Turnover for the six months ended in Jun. 2024 was 11.29.

Sif Holding NV Receivables Turnover Historical Data

The historical data trend for Sif Holding NV'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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Sif Holding NV Receivables Turnover Chart

Sif Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.01

7.55

13.72

18.55

19.84

Sif Holding NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial															10.33	8.82	16.75	17.56	11.29

Competitive Comparison of Sif Holding NV's Receivables Turnover

For the Metal Fabrication subindustry, Sif Holding NV'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.

Sif Holding NV's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sif Holding NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sif Holding NV's Receivables Turnover falls into.

Sif Holding NV Receivables Turnover Calculation

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

Sif Holding NV'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 )
=	454.299	/ (	(22.463	+	23.33)	/	2 )
=	454.299	/	22.8965
=	19.84

Sif Holding NV's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	230.98	/ (	(23.33	+	17.583)	/	2 )
=	230.98	/	20.4565
=	11.29

Sif Holding NV (XAMS:SIFG) 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.

Sif Holding NV Receivables Turnover Related Terms

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Sif Holding NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sif Holding NV (XAMS:SIFG) » Definitions » Receivables Turnover

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0RHT:UK 276:Germany

Address

Mijnheerkensweg 33, P.O. Box 522, Roermond, NLD, 6040 AM

Website

https://www.sif-group.com

Sif Holding NV is engaged in the manufacturing of metal structures, parts of metal structures, pipes, pipe structures, components for the offshore industry, and foundation piles for offshore wind farms. The company's operating segment includes Wind; Marshalling and others. It generates maximum revenue from the Wind segment. The wind segment produces and delivers monopiles, transition pieces, or other foundation components for the offshore wind industry. The marshalling segment includes renting-out of the logistical area and facilities and the delivery of logistical services to customers, mainly in the off-shore wind industry. Geographically, it derives a majority of its revenue from the Netherlands.

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