Duro Felguera (XMAD:MDF) Receivables Turnover : 1.38 (As of Jun. 2023)

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What is Duro Felguera 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. Duro Felguera's Revenue for the six months ended in Jun. 2023 was €141.1 Mil. Duro Felguera's average Accounts Receivable for the six months ended in Jun. 2023 was €102.6 Mil. Hence, Duro Felguera's Receivables Turnover for the six months ended in Jun. 2023 was 1.38.

Duro Felguera Receivables Turnover Historical Data

The historical data trend for Duro Felguera'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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Duro Felguera Receivables Turnover Chart

Duro Felguera Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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1.53

1.93

1.04

1.21

1.52

Duro Felguera 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															0.59	0.67	0.60	0.62	1.38

Competitive Comparison of Duro Felguera's Receivables Turnover

For the Engineering & Construction subindustry, Duro Felguera'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.

Duro Felguera's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Duro Felguera's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Duro Felguera's Receivables Turnover falls into.

Duro Felguera Receivables Turnover Calculation

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

Duro Felguera'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 )
=	117.185	/ (	(67.746	+	86.661)	/	2 )
=	117.185	/	77.2035
=	1.52

Duro Felguera'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 )
=	141.056	/ (	(86.661	+	118.449)	/	2 )
=	141.056	/	102.555
=	1.38

Duro Felguera (XMAD:MDF) 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.

Duro Felguera Receivables Turnover Related Terms

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Duro Felguera (XMAD:MDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Duro Felguera SA (XMAD:MDF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DF5B:Germany

Address

Centro de Ingeniería, I+D+i y Calidad, Parque Científico Tecnológico, Calle Ada Byron 90, Gijon, Asturias, ESP, 33203

Website

http://www.durofelguera.com

Duro Felguera SA is a Spain based company engaged in executing turnkey projects for the energy, industrial and oil and gas sectors. It supplies specialized services for industries and manufactures capital goods. The company is involved in carrying out integrated projects for the construction of power generation plants, mineral treatment and bulk-handling facilities, fuel storage plants and other facilities and installations for the oil and gas industry. In the services area, the organization specializes in the erection of energy and industrial facilities. The business segments of the group are Energy; Mining and Handling; Oil and Gas; Services; Manufacturing of capital goods; and Communications.

Duro Felguera (XMAD:MDF) Headlines

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