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Desarrollos Especiales de Sistemas de Anclaje (XMAD:DESA) Receivables Turnover : 2.15 (As of Jun. 2023)


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What is Desarrollos Especiales de Sistemas de Anclaje 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. Desarrollos Especiales de Sistemas de Anclaje's Revenue for the six months ended in Jun. 2023 was €25.68 Mil. Desarrollos Especiales de Sistemas de Anclaje's average Accounts Receivable for the six months ended in Jun. 2023 was €11.95 Mil. Hence, Desarrollos Especiales de Sistemas de Anclaje's Receivables Turnover for the six months ended in Jun. 2023 was 2.15.


Desarrollos Especiales de Sistemas de Anclaje Receivables Turnover Historical Data

The historical data trend for Desarrollos Especiales de Sistemas de Anclaje'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.

Desarrollos Especiales de Sistemas de Anclaje Receivables Turnover Chart

Desarrollos Especiales de Sistemas de Anclaje 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 4.41 4.57 4.29 4.55 4.39

Desarrollos Especiales de Sistemas de Anclaje Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 2.40 1.90 2.40 1.97 2.15

Competitive Comparison of Desarrollos Especiales de Sistemas de Anclaje's Receivables Turnover

For the Tools & Accessories subindustry, Desarrollos Especiales de Sistemas de Anclaje'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.


Desarrollos Especiales de Sistemas de Anclaje's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Desarrollos Especiales de Sistemas de Anclaje's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Desarrollos Especiales de Sistemas de Anclaje's Receivables Turnover falls into.



Desarrollos Especiales de Sistemas de Anclaje Receivables Turnover Calculation

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

Desarrollos Especiales de Sistemas de Anclaje's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=50.408 / ((11.575 + 11.415) / 2 )
=50.408 / 11.495
=4.39

Desarrollos Especiales de Sistemas de Anclaje'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: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=25.684 / ((11.415 + 12.485) / 2 )
=25.684 / 11.95
=2.15

* 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.


Desarrollos Especiales de Sistemas de Anclaje  (XMAD:DESA) 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.


Desarrollos Especiales de Sistemas de Anclaje Receivables Turnover Related Terms

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Desarrollos Especiales de Sistemas de Anclaje (XMAD:DESA) Business Description

Traded in Other Exchanges
N/A
Address
Mare de Deu de Nuria, 22c, Sant Boi de Liobregat, Barcelona, ESP, 08830
Desarrollos Especiales de Sistemas de Anclaje is engaged in the manufacturing and sale of anchors and fastenings for construction applications. The company's product offerings include screws, chemical anchors, metallic anchors, tube clamps and fastenings, among others. It sells its products under the brand name Desa, Desatools, and Construsim.

Desarrollos Especiales de Sistemas de Anclaje (XMAD:DESA) Headlines

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