Kontron AG (XTER:KTN) Receivables Turnover : 1.57 (As of Mar. 2024)

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What is Kontron 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. Kontron AG's Revenue for the three months ended in Mar. 2024 was €356 Mil. Kontron AG's average Accounts Receivable for the three months ended in Mar. 2024 was €227 Mil. Hence, Kontron AG's Receivables Turnover for the three months ended in Mar. 2024 was 1.57.

Kontron AG Receivables Turnover Historical Data

The historical data trend for Kontron 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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Kontron AG Receivables Turnover Chart

Kontron AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.40

6.01

4.77

5.85

6.76

Kontron AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.79	2.06	2.01	1.91	1.57

Competitive Comparison of Kontron AG's Receivables Turnover

For the Information Technology Services subindustry, Kontron 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.

Kontron AG's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Kontron AG's Receivables Turnover distribution charts can be found below:

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

Kontron AG Receivables Turnover Calculation

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

Kontron AG'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 )
=	1225.947	/ (	(148.451	+	214.077)	/	2 )
=	1225.947	/	181.264
=	6.76

Kontron AG's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	356.111	/ (	(214.077	+	239.012)	/	2 )
=	356.111	/	226.5445
=	1.57

Kontron AG (XTER:KTN) 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.

Kontron AG Receivables Turnover Related Terms

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Kontron AG (XTER:KTN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KTNd:UK 0L9J:UK KTN:Austria

Address

Industriezeile 35, Linz, AUT, A-4021

Website

https://group.kontron.com

Kontron AG is an IT systems and hardware components manufacturer. It operates in three segments: IT Services, which includes consulting and sales of third-party hardware and software products as well as implementation and operation in the DACH region and Eastern Europe. The portfolio offered includes the areas of planning (consulting), implementation (integration), and outsourcing of IT services; IoT Solutions Europe segment focuses on the development of secure solutions through a combined portfolio of hardware, middleware, and services in the areas of the Internet of Things (loT) and Industry 4.0; and loT Solutions America segment covers business activities in the vertical markets of transport and aviation as well as communications in the North America region.