Daetwyler Holding AG (FRA:31D1) Receivables Turnover : 2.34 (As of Dec. 2023)

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What is Daetwyler Holding 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. Daetwyler Holding AG's Revenue for the six months ended in Dec. 2023 was €582 Mil. Daetwyler Holding AG's average Accounts Receivable for the six months ended in Dec. 2023 was €249 Mil. Hence, Daetwyler Holding AG's Receivables Turnover for the six months ended in Dec. 2023 was 2.34.

Daetwyler Holding AG Receivables Turnover Historical Data

The historical data trend for Daetwyler Holding 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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Daetwyler Holding AG Receivables Turnover Chart

Daetwyler Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.67

5.00

5.72

5.60

4.94

Daetwyler Holding AG 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															1.97	2.60	2.48	2.42	2.34

Competitive Comparison of Daetwyler Holding AG's Receivables Turnover

For the Industrial Distribution subindustry, Daetwyler Holding 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.

Daetwyler Holding AG's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Daetwyler Holding AG's Receivables Turnover distribution charts can be found below:

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

Daetwyler Holding AG Receivables Turnover Calculation

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

Daetwyler Holding 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 )
=	1221.005	/ (	(253.632	+	240.914)	/	2 )
=	1221.005	/	247.273
=	4.94

Daetwyler Holding AG'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 )
=	581.926	/ (	(256.172	+	240.914)	/	2 )
=	581.926	/	248.543
=	2.34

Daetwyler Holding AG (FRA:31D1) 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.

Daetwyler Holding AG Receivables Turnover Related Terms

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Daetwyler Holding AG (FRA:31D1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Daetwyler Holding AG (FRA:31D1) » Definitions » Receivables Turnover

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Traded in Other Exchanges

DTWHF:USA DAEz:UK 0QNJ:UK DAE:Switzerland

Address

Gotthardstrasse 31, Altdorf, CHE, 6460

Website

https://www.datwyler.com

Daetwyler Holding is an international industrial supplier of elastomer products. Elastomer is a rubberlike, flexible material composed of polymers. The company focuses on supplying two markets: healthcare and industrial solutions. The healthcare segment offers components for delivery of injectable drugs and diagnostics in the pharmaceutical and medical markets. The industrial solutions segment manufactures customized system-critical components for applications in the mobility, food and beverage, oil and gas, and general industry markets. In 2020, the company discontinued its electronic and technical components segment with the sale of its distribution companies, Distrelec and Nedis. The majority of revenue comes from Europe, followed by the Americas and Asia and other markets.

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