CeoTronics AG (FRA:CEK) Receivables Turnover : 3.36 (As of Nov. 2023)

CeoTronics AG Receivables Turnover Chart

CeoTronics AG Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Receivables Turnover		Get a 7-Day Free Trial					5.73	7.71	11.08	15.57	15.62

CeoTronics AG Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Receivables Turnover	Get a 7-Day Free Trial															5.16	4.04	5.55	6.34	3.36

Competitive Comparison of CeoTronics AG's Receivables Turnover

For the Communication Equipment subindustry, CeoTronics 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.

CeoTronics AG's Receivables Turnover Distribution in the Hardware Industry

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

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

CeoTronics AG Receivables Turnover Calculation

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

CeoTronics AG's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

CeoTronics AG's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

* 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.

CeoTronics AG  (FRA:CEK) 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.

CeoTronics AG Receivables Turnover Related Terms

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CeoTronics AG (FRA:CEK) Business Description