Sonova Holding AG (XSWX:SOONE) Receivables Turnover : 3.28 (As of Sep. 2023)

Sonova Holding AG Receivables Turnover Chart

Sonova Holding AG Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Receivables Turnover		Get a 7-Day Free Trial					5.70	6.46	6.34	7.37	7.48

Sonova 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															3.63	3.83	3.83	3.73	3.28

Competitive Comparison of Sonova Holding AG's Receivables Turnover

For the Medical Devices subindustry, Sonova 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.

Sonova Holding AG's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Receivables Turnover distribution charts can be found below:

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

Sonova Holding AG Receivables Turnover Calculation

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

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

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

* 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.

Sonova Holding AG  (XSWX:SOONE) 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.

Sonova Holding AG Receivables Turnover Related Terms

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Sonova Holding AG (XSWX:SOONE) Business Description