Stroeer SE KGaA (Stroeer SE KGaA) Receivables Turnover : 2.74 (As of Dec. 2023)

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What is Stroeer SE KGaA 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. Stroeer SE KGaA's Revenue for the three months ended in Dec. 2023 was $617 Mil. Stroeer SE KGaA's average Accounts Receivable for the three months ended in Dec. 2023 was $226 Mil. Hence, Stroeer SE KGaA's Receivables Turnover for the three months ended in Dec. 2023 was 2.74.

Stroeer SE KGaA Receivables Turnover Historical Data

The historical data trend for Stroeer SE KGaA'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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Stroeer SE KGaA Receivables Turnover Chart

Stroeer SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.02

8.58

8.48

8.24

9.17

Stroeer SE KGaA 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															2.68	2.05	2.35	2.33	2.74

Competitive Comparison of Stroeer SE KGaA's Receivables Turnover

For the Advertising Agencies subindustry, Stroeer SE KGaA'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.

Stroeer SE KGaA's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Stroeer SE KGaA's Receivables Turnover falls into.

Stroeer SE KGaA Receivables Turnover Calculation

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

Stroeer SE KGaA'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 )
=	2087.601	/ (	(229.033	+	226.316)	/	2 )
=	2087.601	/	227.6745
=	9.17

Stroeer SE KGaA'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 )
=	617.284	/ (	(224.95	+	226.316)	/	2 )
=	617.284	/	225.633
=	2.74

Stroeer SE KGaA (OTCPK:SOTDF) 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.

Stroeer SE KGaA Receivables Turnover Related Terms

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Stroeer SE KGaA (Stroeer SE KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stroeer SE & Co KGaA (OTCPK:SOTDF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

SOTDY:USA 0MYZ:UK SAX:Germany

Address

Stroer-Allee 1, Cologne, NW, DEU, 50999

Website

https://www.stroeer.com

Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. It operates in three main business segments, Out of Home (OOH) Media, Digital & Dialog Media, and DaaS & E-commerce. The OOH Media segment encompasses the Group's entire OOH advertising business, comprising the Classic OOH, Digital OOH, and OOH services product groups. Digital & Dialog Media segment provides solutions for online advertising in the context of proprietary and third-party content. The scalable products marketed on this basis range from branding and storytelling to performance, native advertising, and social media. Geographically, it generates the majority of its revenue from Germany.