KraussMaffei Co (SHSE:600579) Receivables Turnover

: 1.29 (As of Sep. 2023)

View and export this data going back to 2002. Start your Free Trial

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. KraussMaffei Co's Revenue for the three months ended in Sep. 2023 was ¥2,622 Mil. KraussMaffei Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥2,038 Mil. Hence, KraussMaffei Co's Receivables Turnover for the three months ended in Sep. 2023 was 1.29.

KraussMaffei Co Receivables Turnover Historical Data

The historical data trend for KraussMaffei Co'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.

KraussMaffei Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

5.27

4.95

4.62

4.88

5.32

KraussMaffei Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover																1.37	1.93	1.33	1.49	1.29

Competitive Comparison

For the Specialty Industrial Machinery subindustry, KraussMaffei Co'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.

KraussMaffei Co Receivables Turnover Distribution

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

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

KraussMaffei Co Receivables Turnover Calculation

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

KraussMaffei Co'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 )
=	10429.593	/ (	(1912.152	+	2008.235)	/	2 )
=	10429.593	/	1960.1935
=	5.32

KraussMaffei Co's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	2621.802	/ (	(2139.553	+	1937.051)	/	2 )
=	2621.802	/	2038.302
=	1.29

KraussMaffei Co (SHSE:600579) 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.

KraussMaffei Co Receivables Turnover Related Terms

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

KraussMaffei Co (SHSE:600579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KraussMaffei Co Ltd (SHSE:600579) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 62, Bei Sihuan West Road, Haidian District, Beijing, CHN, 100080

Website

http://www.kraussmaffei.ltd

KraussMaffei Co Ltd is engaged in research, development, design, manufacturing and after-sales service of equipment in chemical, petrochemical, coal chemical, metallurgy, non-ferrous metals, power and energy conservation and environmental protection, chemical instrumentation and automation complete control systems. The company's products include Injection Molding Machinery, Extrusion Technology, Reaction Process Machinery, Digital and Service Solutions, and Others.

KraussMaffei Co (SHSE:600579) Headlines

No Headlines