Entegris (NAS:ENTG) Receivables Turnover

: 1.90 (As of Jun. 2023)

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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. Entegris's Revenue for the three months ended in Jun. 2023 was $901 Mil. Entegris's average Accounts Receivable for the three months ended in Jun. 2023 was $474 Mil. Hence, Entegris's Receivables Turnover for the three months ended in Jun. 2023 was 1.90.

Entegris Receivables Turnover Historical Data

The historical data trend for Entegris'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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Entegris Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

7.81

7.05

7.47

7.51

7.43

Entegris Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Receivables Turnover																1.84	2.21	1.79	1.76	1.90

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Entegris'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.

Annual Data Quarterly Data

Entegris Receivables Turnover Distribution

For the Semiconductors industry and Technology sector, Entegris's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Entegris's Receivables Turnover falls in comparison to its industry or sector. The grey bar indicates the Receivables Turnover's extreme value range as defined by GuruFocus.

Entegris Receivables Turnover Calculation

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

Entegris'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 )
=	3282.033	/ (	(347.111	+	536.256)	/	2 )
=	3282.033	/	441.6835
=	7.43

Entegris'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: Mar. 2023 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	901	/ (	(511.435	+	435.973)	/	2 )
=	901	/	473.704
=	1.90

Entegris (NAS:ENTG) 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.

Entegris Receivables Turnover Related Terms

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Entegris (NAS:ENTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Entegris Inc (NAS:ENTG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ENTG:Mexico ENQ:Germany ENQ:Germany

Address

129 Concord Road, Billerica, MA, USA, 01821

Website

https://www.entegris.com

Entegris Inc is a supplier of Advanced materials and process solutions for the semiconductor and other high-technology industries. The company's reportable segments include Specialty Chemicals & Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH). The SCEM segment provides high-performance & high-purity process chemistries, gases, & materials, and safe & efficient delivery systems. The Microcontamination Control (MC) segment includes solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries. Its geographical segments are Taiwan, North America, South Korea, Japan, China, Europe, and Southeast.

Executives

Linda Lagorga	officer: SVP, Chief Financial Officer	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
James Robert Anderson	director	111 SW 5TH AVE, PORTLNAD OR 97204
Daniel D. Woodland	officer: See Remarks	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Michael Besnard	officer: SVP, Chief Commercial Officer	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Neil Richards	officer: SVP, Global Ops & Supply Chain	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Olivier Blachier	officer: SVP Business-New Markets Dev.	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Rodney Clark	director	129 CONCORD ROAD, BILLERICA MA 01821
Yvette Kanouff	director	PO BOX 37, PENNS PARK PA 18943
Bertrand Loy	director, officer: President & CEO	C/O ENTEGRIS, INC., 129 CONCORD RD, BILLERICA MA 01821
Joseph Colella	officer: SVP and General Counsel	129 CONCORD ROAD, BILLERICA MA 01821
James Anthony O'neill	officer: SVP & CTO	129 CONCORD ROAD, BILLERICA MA 01821
Bruce W. Beckman	officer: SVP, Finance	129 CONCORD ROAD, BILLERICA MA 01821
Susan G. Rice	officer: SVP, Human Resources	129 CONCORD ROAD, BILLERICA MA 01821
Azita Saleki-gerhardt	director	1 N. WAUKEGAN ROAD, NORTH CHICAGO IL 60064
Clinton M. Haris	officer: Sr. V.P/G.M. Liquid Filtration	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821