KSB SE KGaA (XTER:KSB3) Receivables Turnover : 2.51 (As of Dec. 2023)

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What is KSB SE KGaA 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. KSB SE KGaA's Revenue for the six months ended in Dec. 2023 was €1,432 Mil. KSB SE KGaA's average Accounts Receivable for the six months ended in Dec. 2023 was €570 Mil. Hence, KSB SE KGaA's Receivables Turnover for the six months ended in Dec. 2023 was 2.51.

KSB SE KGaA Receivables Turnover Historical Data

The historical data trend for KSB SE KGaA'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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KSB SE KGaA Receivables Turnover Chart

KSB SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.66

5.08

4.86

4.97

KSB SE KGaA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.61	2.28	2.59	2.38	2.51

Competitive Comparison of KSB SE KGaA's Receivables Turnover

For the Specialty Industrial Machinery subindustry, KSB SE KGaA'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.

KSB SE KGaA's Receivables Turnover Distribution in the Industrial Products Industry

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

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

KSB SE KGaA Receivables Turnover Calculation

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

KSB SE KGaA'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 )
=	2818.988	/ (	(579.539	+	554.582)	/	2 )
=	2818.988	/	567.0605
=	4.97

KSB SE KGaA's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1432.383	/ (	(586.183	+	554.582)	/	2 )
=	1432.383	/	570.3825
=	2.51

KSB SE KGaA (XTER:KSB3) 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.

KSB SE KGaA Receivables Turnover Related Terms

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KSB SE KGaA (XTER:KSB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KSB SE & Co KGaA (XTER:KSB3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KSB:Germany KSB3:Germany KSB:Germany KSB3:Germany

Address

Johann-Klein-Strasse 9, Frankenthal, RP, DEU, 67227

Website

https://www.ksb.com

KSB SE & Co KGaA is a German-based company. It is a provider of pumps, valves, and related services. Its operations are carried out in three segments namely Pumps, Valves, and KSB SupremeServ Segment comprises the spare parts business for pumps and valves. A majority part of its sales and revenue is comes from the Pumps segment. The Pumps segment includes single and multistage pumps, submersible pumps, and associated control and drives systems. The company's pumps are used in various applications where fluids need to be transported as well as in other applications which belong to industry, building services, water engineering, wastewater engineering, energy supply, and mining.

KSB SE KGaA (XTER:KSB3) Headlines

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