gategroup Holding AG (XSWX:GATE) Receivables Turnover: 11.23 (As of Dec. 2019)


What is gategroup Holding AG Receivables Turnover?

gategroup Holding AG XSWX:GATE Receivables Turnover is 11.23 as of Dec. 2019. The stock has 8 warning signs investors should review.

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. gategroup Holding AG's Revenue for the six months ended in Dec. 2019 was CHF4,962.80 Mil. gategroup Holding AG's average Accounts Receivable for the six months ended in Dec. 2019 was CHF441.75 Mil. Hence, gategroup Holding AG's Receivables Turnover for the six months ended in Dec. 2019 was 11.23.

gategroup Holding AG  (XSWX:GATE) 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.

gategroup Holding AG Receivables Turnover Related Terms

gategroup Holding AG Receivables Turnover Historical Data

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The historical data trend for gategroup 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.

gategroup Holding AG Receivables Turnover Chart

gategroup Holding AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.40 11.03 11.59 10.83 11.23

gategroup Holding AG Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.40 11.03 11.59 10.83 11.23

XSWX:GATE vs CAAP, AAWW: Receivables Turnover Comparison

For the Airports & Air Services subindustry, gategroup 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.

gategroup Holding AG Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, gategroup Holding AG's Receivables Turnover distribution charts can be found below:

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


gategroup Holding AG Receivables Turnover Calculation

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

gategroup Holding AG's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=4962.8 / ((451.8 + 431.7) / 2 )
=4962.8 / 441.75
=11.23

gategroup Holding AG's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

Receivables Turnover (Q: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2019 ) / ((Accounts Receivable (Q: Dec. 2018 ) + Accounts Receivable (Q: Dec. 2019 )) / count )
=4962.8 / ((451.8 + 431.7) / 2 )
=4962.8 / 441.75
=11.23

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 11.23 mean?
gategroup Holding AG (XSWX:GATE) has a Receivables Turnover of 11.23 as of Dec. 2019. The accounts 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. View historical data on gategroup Holding AG and its competitors.
Is gategroup Holding AG's Receivables Turnover too high?
gategroup Holding AG's current Receivables Turnover is 11.23. The Transportation industry median Receivables Turnover is 7.64. gategroup Holding AG's value of 11.23 is 47% above this industry median.
How does gategroup Holding AG's Receivables Turnover compare to CAAP and AAWW?
gategroup Holding AG's Receivables Turnover of 11.23 can be compared against companies in the Transportation industry. The industry median Receivables Turnover is 7.64. gategroup Holding AG's value of 11.23 is 47% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Transportation company?
The median Receivables Turnover among Transportation companies is 7.64, based on 994 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. gategroup Holding AG's current Receivables Turnover of 11.23 is 47% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on gategroup Holding AG and its competitors. For the Transportation industry, the median Receivables Turnover is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. gategroup Holding AG's current Receivables Turnover is 11.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is gategroup Holding AG stock overvalued right now?
gategroup Holding AG (XSWX:GATE) has a current Receivables Turnover of 11.23. The current Receivables Turnover is 11.23 and 47% above the Transportation industry median of 7.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For gategroup Holding AG (XSWX:GATE), the current Receivables Turnover is 11.23 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

gategroup Holding AG Business Description

Address Sagereistrasse 20, Glattbrugg, CHE, CH-8152
gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.