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Brenntag SE (XTER:BNR) Receivables Turnover : 1.66 (As of Sep. 2024)


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What is Brenntag SE 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. Brenntag SE's Revenue for the three months ended in Sep. 2024 was €4,069 Mil. Brenntag SE's average Accounts Receivable for the three months ended in Sep. 2024 was €2,444 Mil. Hence, Brenntag SE's Receivables Turnover for the three months ended in Sep. 2024 was 1.66.


Brenntag SE Receivables Turnover Historical Data

The historical data trend for Brenntag SE'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.

* Premium members only.

Brenntag SE Receivables Turnover Chart

Brenntag SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.90 7.40 7.82 6.81

Brenntag SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 1.66 1.69 1.66 1.66

Competitive Comparison of Brenntag SE's Receivables Turnover

For the Specialty Chemicals subindustry, Brenntag SE'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.


Brenntag SE's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Brenntag SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Brenntag SE's Receivables Turnover falls into.



Brenntag SE Receivables Turnover Calculation

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

Brenntag SE's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=16815.1 / ((2676.8 + 2263.1) / 2 )
=16815.1 / 2469.95
=6.81

Brenntag SE's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=4068.8 / ((2549.8 + 2338) / 2 )
=4068.8 / 2443.9
=1.66

* 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.


Brenntag SE  (XTER:BNR) 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.


Brenntag SE Receivables Turnover Related Terms

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Brenntag SE Business Description

Traded in Other Exchanges
Address
Messeallee 11, Essen, NW, DEU, 45131
Brenntag SE manufactures, distributes, and sells chemicals and chemical-based products. It operates in two reportable segments life science and material science. Life science chemicals are used to produce cosmetics, food, animal nutrition, and pharmaceuticals. The material science chemicals are used to produce soaps and detergents, coatings, and paints as well as the extraction of oil and gas. The company organizes itself into four segments based on geography EMEA, North America, Latin America, and APAC.
Executives
Richard Ridinger Supervisory Board
Ewout Van Jarwaarde Board of Directors
Michael Friede Board of Directors
Dr. Kristin Neumann Board of Directors
Ulrich Harnacke Supervisory Board
Sujatha Chandrasekaran Supervisory Board
Stefanie Berlinger Supervisory Board
Doreen Nowotne Supervisory Board
Dr. Andreas Rittstieg Supervisory Board