thyssenkrupp AG (XTER:TKA) Receivables Turnover : 1.95 (As of Dec. 2024)

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What is thyssenkrupp 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. thyssenkrupp AG's Revenue for the three months ended in Dec. 2024 was €7,831 Mil. thyssenkrupp AG's average Accounts Receivable for the three months ended in Dec. 2024 was €4,022 Mil. Hence, thyssenkrupp AG's Receivables Turnover for the three months ended in Dec. 2024 was 1.95.

thyssenkrupp AG Receivables Turnover Historical Data

The historical data trend for thyssenkrupp 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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thyssenkrupp AG Receivables Turnover Chart

thyssenkrupp AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Receivables Turnover

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5.60

7.44

8.57

7.46

7.76

thyssenkrupp AG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.82	2.03	1.87	1.92	1.95

Competitive Comparison of thyssenkrupp AG's Receivables Turnover

For the Conglomerates subindustry, thyssenkrupp 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.

thyssenkrupp AG's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, thyssenkrupp AG's Receivables Turnover distribution charts can be found below:

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

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thyssenkrupp AG Receivables Turnover Calculation

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

thyssenkrupp AG's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Receivables Turnover (A: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2024 )	/ (	(Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )
=	35041	/ (	(4765	+	4264)	/	2 )
=	35041	/	4514.5
=	7.76

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

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	7831	/ (	(4264	+	3780)	/	2 )
=	7831	/	4022
=	1.95

thyssenkrupp AG (XTER:TKA) 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.

thyssenkrupp AG Receivables Turnover Related Terms

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thyssenkrupp AG Business Description

Industry

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Traded in Other Exchanges

TYEKF:USA TKAMY:USA 1TKA:Italy THYSSENKRUPP:Hungary TKAd:UK 0O1C:UK TKA:Bulgaria TKR:Austria

Address

ThyssenKrupp Allee 1, Essen, NW, DEU, 45143

Website

https://www.thyssenkrupp.com

thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Decarbon Technologies, Automative Technology, Steel Europe, Marine System. Automotive Technology is one of the German supplier and engineering partners to the international automotive industry. Decarbon Technologies covers the businesses of Rothe Erde, Uhde, Polysius and the majority investment thyssenkrupp nucera. Material Services includes distribution of mill-independent materials distributors and service. Steel Europe concentrates on the market for high-quality flat carbon steel. Marine Systems is a supplier for submarine and surface vessel construction. Revenue from Materials Services.

Executives

Ilse Henne	Board of Directors
Dr. Volkmar Dinstuhl	Board of Directors
Dr. Klaus Keysberg	Board of Directors
Oliver Burkhard	Board of Directors
Miguel Angel Lopez Borrego	Board of Directors
Martina Merz	Board of Directors

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