Datron AG (XTER:DAR) Receivables Turnover : 3.33 (As of Jun. 2023)

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What is Datron 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. Datron AG's Revenue for the six months ended in Jun. 2023 was €32.05 Mil. Datron AG's average Accounts Receivable for the six months ended in Jun. 2023 was €9.62 Mil. Hence, Datron AG's Receivables Turnover for the six months ended in Jun. 2023 was 3.33.

Datron AG Receivables Turnover Historical Data

The historical data trend for Datron 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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Datron AG Receivables Turnover Chart

Datron AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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8.21

7.63

6.44

8.72

8.24

Datron AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial															3.69	4.00	4.29	4.15	3.33

Competitive Comparison of Datron AG's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Datron 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.

Datron AG's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Datron AG Receivables Turnover Calculation

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

Datron AG's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	59.902	/ (	(6.373	+	8.167)	/	2 )
=	59.902	/	7.27
=	8.24

Datron AG's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	32.046	/ (	(8.167	+	11.066)	/	2 )
=	32.046	/	9.6165
=	3.33

Datron AG (XTER:DAR) 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.

Datron AG Receivables Turnover Related Terms

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Datron AG (XTER:DAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Datron AG (XTER:DAR) » Definitions » Receivables Turnover

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DAR:Germany

Address

In Den Gansackern 5, Muhltal, HE, DEU, D - 64367

Website

http://www.datron.de

DATRON AG group specializes in the development, production, and sale of high-speed CNC milling machines, dental milling machines, high-performance dosing machines, milling tools as well as device-specific software and after-sales services specialized. DATRON high-speed CNC milling machines are particularly suitable for processing future-oriented materials such as aluminum and composite materials. The dental milling machines ensure efficient processing of all common denture materials in dental laboratories. The high-performance metering machines are ideal for industrial sealing and adhesive applications.

Executives

Michael Daniel

Board of Directors