GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Receivables Turnover

Euro Group Laminations SpA (MIL:EGLA) Receivables Turnover : 0.00 (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Euro Group Laminations SpA 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. Euro Group Laminations SpA's Revenue for the three months ended in Jun. 2023 was €0.0 Mil. Euro Group Laminations SpA's average Accounts Receivable for the three months ended in Jun. 2023 was €157.3 Mil.


Euro Group Laminations SpA Receivables Turnover Historical Data

The historical data trend for Euro Group Laminations SpA'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.

* Premium members only.

Euro Group Laminations SpA Receivables Turnover Chart

Euro Group Laminations SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
5.34 5.96 7.13 6.92

Euro Group Laminations SpA Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial 1.72 - 1.35 1.30 -

Competitive Comparison of Euro Group Laminations SpA's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Euro Group Laminations SpA'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.


Euro Group Laminations SpA's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Group Laminations SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Euro Group Laminations SpA's Receivables Turnover falls into.



Euro Group Laminations SpA Receivables Turnover Calculation

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

Euro Group Laminations SpA'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 )
=856.382 / ((97.019 + 150.573) / 2 )
=856.382 / 123.796
=6.92

Euro Group Laminations SpA'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: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0 / ((150.573 + 163.934) / 2 )
=0 / 157.2535
=N/A

* 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.


Euro Group Laminations SpA  (MIL:EGLA) 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.


Euro Group Laminations SpA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Euro Group Laminations SpA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Euro Group Laminations SpA (MIL:EGLA) Business Description

Traded in Other Exchanges
Address
Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021
Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.

Euro Group Laminations SpA (MIL:EGLA) Headlines