Aalberts NV (WBO:AALB) Receivables Turnover : 3.71 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Aalberts NV 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. Aalberts NV's Revenue for the six months ended in Dec. 2023 was €1,607 Mil. Aalberts NV's average Accounts Receivable for the six months ended in Dec. 2023 was €433 Mil. Hence, Aalberts NV's Receivables Turnover for the six months ended in Dec. 2023 was 3.71.

Aalberts NV Receivables Turnover Historical Data

The historical data trend for Aalberts NV'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.

Aalberts NV Receivables Turnover Chart

Aalberts NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

8.34

7.89

9.02

9.01

8.60

Aalberts NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.98	4.10	3.88	4.02	3.71

Competitive Comparison of Aalberts NV's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Aalberts NV'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.

Aalberts NV's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Aalberts NV Receivables Turnover Calculation

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

Aalberts NV'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 )
=	3324	/ (	(380.6	+	392.4)	/	2 )
=	3324	/	386.5
=	8.60

Aalberts NV'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1606.8	/ (	(473.3	+	392.4)	/	2 )
=	1606.8	/	432.85
=	3.71

Aalberts NV (WBO:AALB) 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.

Aalberts NV Receivables Turnover Related Terms

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

Aalberts NV (WBO:AALB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aalberts NV (WBO:AALB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AALBF:USA AALB:Netherlands 0NX1:UK AACA:Germany

Address

Stadsplateau 18, WTC Utrecht, Utrecht, UT, NLD, NL-3521

Website

https://www.aalberts.com

Aalberts NV develops technologies and projects to enhance building and product efficiencies. It offers valve and control technologies, specialized manufacturing processes, and piping systems to distribute water and gas. The firm has two operating segments: Building Technology and Industrial Technology. The services provided rely on technology know-how and a global network of locations to provide informed and timely responses. Aalberts has an extended portfolio of metal and plastic for new builds, renovations, and repairs to existing structures.

Aalberts NV (WBO:AALB) Headlines

No Headlines