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Maternus-Kliniken AG (XTER:MAK) Receivables Turnover : 9.36 (As of Jun. 2023)


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What is Maternus-Kliniken 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. Maternus-Kliniken AG's Revenue for the six months ended in Jun. 2023 was €50.7 Mil. Maternus-Kliniken AG's average Accounts Receivable for the six months ended in Jun. 2023 was €5.4 Mil. Hence, Maternus-Kliniken AG's Receivables Turnover for the six months ended in Jun. 2023 was 9.36.


Maternus-Kliniken AG Receivables Turnover Historical Data

The historical data trend for Maternus-Kliniken 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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Maternus-Kliniken AG Receivables Turnover Chart

Maternus-Kliniken AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.95 22.84 21.20 22.66 22.92

Maternus-Kliniken 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 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 11.04 11.64 10.55 9.66 9.36

Competitive Comparison of Maternus-Kliniken AG's Receivables Turnover

For the Medical Care Facilities subindustry, Maternus-Kliniken 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.


Maternus-Kliniken AG's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Maternus-Kliniken AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Maternus-Kliniken AG's Receivables Turnover falls into.



Maternus-Kliniken AG Receivables Turnover Calculation

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

Maternus-Kliniken 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 )
=106.697 / ((4.51 + 4.801) / 2 )
=106.697 / 4.6555
=22.92

Maternus-Kliniken 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 )
=50.731 / ((4.801 + 6.039) / 2 )
=50.731 / 5.42
=9.36

* 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.


Maternus-Kliniken AG  (XTER:MAK) 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.


Maternus-Kliniken AG Receivables Turnover Related Terms

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Maternus-Kliniken AG (XTER:MAK) Business Description

Traded in Other Exchanges
Address
Strasse 53 - 55, Berlin, DEU, 10117
Maternus -Kliniken AG operates as a German Health Care company focussed on senior housing, care facilities and rehabilitaion clincs. The company has became part of the CURA entrepreneurial group in 2007.

Maternus-Kliniken AG (XTER:MAK) Headlines

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