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DT.Eigenheim Union INH ON (FRA:JZ60) Receivables Turnover : 1.68 (As of Jun. 2024)


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What is DT.Eigenheim Union INH ON 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. DT.Eigenheim Union INH ON's Revenue for the six months ended in Jun. 2024 was €1.22 Mil. DT.Eigenheim Union INH ON's average Accounts Receivable for the six months ended in Jun. 2024 was €0.73 Mil. Hence, DT.Eigenheim Union INH ON's Receivables Turnover for the six months ended in Jun. 2024 was 1.68.


DT.Eigenheim Union INH ON Receivables Turnover Historical Data

The historical data trend for DT.Eigenheim Union INH ON'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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DT.Eigenheim Union INH ON Receivables Turnover Chart

DT.Eigenheim Union INH ON Annual Data
Trend Dec21 Dec22 Dec23
Receivables Turnover
122.90 209.57 31.74

DT.Eigenheim Union INH ON Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Receivables Turnover Get a 7-Day Free Trial 12.04 39.80 29.21 15.04 1.68

Competitive Comparison of DT.Eigenheim Union INH ON's Receivables Turnover

For the Residential Construction subindustry, DT.Eigenheim Union INH ON'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.


DT.Eigenheim Union INH ON's Receivables Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, DT.Eigenheim Union INH ON's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DT.Eigenheim Union INH ON's Receivables Turnover falls into.


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DT.Eigenheim Union INH ON Receivables Turnover Calculation

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

DT.Eigenheim Union INH ON'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 )
=14.189 / ((0.045 + 0.849) / 2 )
=14.189 / 0.447
=31.74

DT.Eigenheim Union INH ON's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=1.219 / ((0.849 + 0.606) / 2 )
=1.219 / 0.7275
=1.68

* 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.


DT.Eigenheim Union INH ON  (FRA:JZ60) 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.


DT.Eigenheim Union INH ON Receivables Turnover Related Terms

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DT.Eigenheim Union INH ON Business Description

Traded in Other Exchanges
Address
Ringbahnstrasse 16/18/20, Berlin, DEU, 12099
DT.Eigenheim Union INH ON is engaged in providing affordable homes in the Berlin-Brandenburg metropolitan area.

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