Adval Tech Holding AG (XSWX:ADVN) Receivables Turnover : 2.96 (As of Dec. 2024)

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What is Adval Tech Holding AG 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. Adval Tech Holding AG's Revenue for the six months ended in Dec. 2024 was CHF80.3 Mil. Adval Tech Holding AG's average Accounts Receivable for the six months ended in Dec. 2024 was CHF27.1 Mil. Hence, Adval Tech Holding AG's Receivables Turnover for the six months ended in Dec. 2024 was 2.96.

Adval Tech Holding AG Receivables Turnover Historical Data

The historical data trend for Adval Tech Holding AG'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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Adval Tech Holding AG Receivables Turnover Chart

Adval Tech Holding AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.52

6.82

7.15

6.84

6.36

Adval Tech Holding AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															3.38	2.95	2.85	3.45	2.96

Competitive Comparison of Adval Tech Holding AG's Receivables Turnover

For the Metal Fabrication subindustry, Adval Tech Holding AG'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.

Adval Tech Holding AG's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Adval Tech Holding AG's Receivables Turnover falls into.

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Adval Tech Holding AG Receivables Turnover Calculation

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

Adval Tech Holding AG's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	165.556	/ (	(23.684	+	28.362)	/	2 )
=	165.556	/	26.023
=	6.36

Adval Tech Holding AG's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	80.258	/ (	(25.791	+	28.362)	/	2 )
=	80.258	/	27.0765
=	2.96

Adval Tech Holding AG (XSWX:ADVN) 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.

Adval Tech Holding AG Receivables Turnover Related Terms

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Adval Tech Holding AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Adval Tech Holding AG (XSWX:ADVN) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

Freiburgstrasse 556, Niederwangen, CHE, 3172

Website

https://www.advaltech.com

Adval Tech Holding AG is an industrial supplier of technologically sophisticated components and subassemblies made of metal and plastic. The company focuses on the automotive market and on related applications. The Components division is engaged in the manufacture of metal and plastic high-volume components, focusing on the automotive industry in terms of quantities, quality requirements, lifetime, and production processes. Geographically, activities function through Germany, Switzerland, Hungary, France, Czech Republic, Turkey, Slovakia, other European countries, China, North America, Latin America, Africa, Australia and Oceania. Maximum revenue is generated from Germany region.

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