SES (LTS:0M6P) Receivables Turnover : 0.62 (As of Dec. 2023)

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What is SES 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. SES's Revenue for the three months ended in Dec. 2023 was €536 Mil. SES's average Accounts Receivable for the three months ended in Dec. 2023 was €860 Mil. Hence, SES's Receivables Turnover for the three months ended in Dec. 2023 was 0.62.

SES Receivables Turnover Historical Data

The historical data trend for SES'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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SES Receivables Turnover Chart

SES Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.22

3.41

1.58

1.41

2.14

SES Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.53	0.47	0.59	0.60	0.62

Competitive Comparison of SES's Receivables Turnover

For the Broadcasting subindustry, SES'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.

SES's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SES's Receivables Turnover distribution charts can be found below:

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

SES Receivables Turnover Calculation

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

SES'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 )
=	2030	/ (	(1033	+	860)	/	2 )
=	2030	/	946.5
=	2.14

SES'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	536	/ (	(0	+	860)	/	1 )
=	536	/	860
=	0.62

SES (LTS:0M6P) 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.

SES Receivables Turnover Related Terms

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SES (LTS:0M6P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SES SA (LTS:0M6P) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SGBAF:USA SESGL:Luxembourg SESGp:UK SESG:France SES:Germany

Address

Chateau de Betzdorf, Betzdorf, Luxembourg, LUX, L-6815

Website

https://www.ses.com

SES SA is a communications satellite owner and operator and functions in the television broadcasting space. It operates in one operating segment, namely the provision of satellite-based data transmission capacity, and ancillary services, to customers around the world. The largest video division delivers television and radio satellite signals to homes through various media providers such as Comcast, Viacom, M7, and QVC. The mobility revenue is derived by offering high-bandwidth Internet connections to maritime users, and SES SA's government division offers secure communication links to international institutions and governments. Fixed Data works to bring satellite networks and connectivity to remote areas.

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