Carlo Gavazzi Holding AG (XSWX:GAV) Receivables Turnover : 2.84 (As of Sep. 2023)

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What is Carlo Gavazzi 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. Carlo Gavazzi Holding AG's Revenue for the six months ended in Sep. 2023 was CHF97.5 Mil. Carlo Gavazzi Holding AG's average Accounts Receivable for the six months ended in Sep. 2023 was CHF34.4 Mil. Hence, Carlo Gavazzi Holding AG's Receivables Turnover for the six months ended in Sep. 2023 was 2.84.

Carlo Gavazzi Holding AG Receivables Turnover Historical Data

The historical data trend for Carlo Gavazzi 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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Carlo Gavazzi Holding AG Receivables Turnover Chart

Carlo Gavazzi Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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5.27

5.33

5.49

6.26

6.25

Carlo Gavazzi Holding AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															3.17	2.91	3.07	2.88	2.84

Competitive Comparison of Carlo Gavazzi Holding AG's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Carlo Gavazzi 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.

Carlo Gavazzi Holding AG's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Carlo Gavazzi Holding AG Receivables Turnover Calculation

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

Carlo Gavazzi Holding AG's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	209.601	/ (	(31.203	+	35.819)	/	2 )
=	209.601	/	33.511
=	6.25

Carlo Gavazzi Holding AG's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	97.508	/ (	(35.819	+	32.912)	/	2 )
=	97.508	/	34.3655
=	2.84

Carlo Gavazzi Holding AG (XSWX:GAV) 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.

Carlo Gavazzi Holding AG Receivables Turnover Related Terms

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Carlo Gavazzi Holding AG (XSWX:GAV) Business Description

Industry

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Traded in Other Exchanges

GAVz:UK

Address

Sumpfstrasse 3, Steinhausen, CHE, CH-6312

Website

https://www.carlogavazzi.com

Carlo Gavazzi Holding AG is engaged in the designing, manufacturing, and marketing of electronic control components for the global markets of industrial and building automation. Its product portfolio comprises sensors, monitoring relays, timers, energy management systems, solid-state relays, safety devices, and Fieldbus systems. Its products are marketed through a network of sales companies and independent national distributors. It has operational footprints across Switzerland, Italy, other Europe, the Middle East and Africa, the United States of America, other North America, and Asia. Geographically the company receives maximum revenue from Europe, the Middle East, and Africa.

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