Rational AG (Rational AG) Receivables Turnover : 1.76 (As of Dec. 2023)

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What is Rational 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. Rational AG's Revenue for the three months ended in Dec. 2023 was $319 Mil. Rational AG's average Accounts Receivable for the three months ended in Dec. 2023 was $182 Mil. Hence, Rational AG's Receivables Turnover for the three months ended in Dec. 2023 was 1.76.

Rational AG Receivables Turnover Historical Data

The historical data trend for Rational 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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Rational AG Receivables Turnover Chart

Rational AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.68

6.09

7.25

7.03

6.60

Rational AG 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															1.78	1.62	1.62	1.61	1.76

Competitive Comparison of Rational AG's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Rational 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.

Rational AG's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Rational AG Receivables Turnover Calculation

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

Rational 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 )
=	1227.74	/ (	(185.024	+	187.196)	/	2 )
=	1227.74	/	186.11
=	6.60

Rational 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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	319.261	/ (	(176.477	+	187.196)	/	2 )
=	319.261	/	181.8365
=	1.76

Rational AG (OTCPK:RATIY) 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.

Rational AG Receivables Turnover Related Terms

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Rational AG (Rational AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rational AG (OTCPK:RATIY) » Definitions » Receivables Turnover

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RTLLF:USA RAAd:UK 0FRJ:UK RAA:Germany

Address

Siegfried-Meister-Strasse 1, Landsberg am Lech, BY, DEU, 86899

Website

https://www.rational-online.com

Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 140 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.

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