Analog Devices (WBO:ADI) Receivables Turnover : 1.85 (As of Jan. 2024)

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What is Analog Devices 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. Analog Devices's Revenue for the three months ended in Jan. 2024 was €2,307 Mil. Analog Devices's average Accounts Receivable for the three months ended in Jan. 2024 was €1,245 Mil. Hence, Analog Devices's Receivables Turnover for the three months ended in Jan. 2024 was 1.85.

Analog Devices Receivables Turnover Historical Data

The historical data trend for Analog Devices'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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Analog Devices Receivables Turnover Chart

Analog Devices Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Receivables Turnover

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9.58

7.93

6.69

7.91

7.24

Analog Devices Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															1.81	1.99	1.90	1.80	1.85

Competitive Comparison of Analog Devices's Receivables Turnover

For the Semiconductors subindustry, Analog Devices'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.

Analog Devices's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Analog Devices's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Analog Devices's Receivables Turnover falls into.

Analog Devices Receivables Turnover Calculation

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

Analog Devices's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Receivables Turnover (A: Oct. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2023 )	/ (	(Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )
=	11653.345	/ (	(1827.469	+	1391.838)	/	2 )
=	11653.345	/	1609.6535
=	7.24

Analog Devices's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	2306.662	/ (	(1391.838	+	1098.59)	/	2 )
=	2306.662	/	1245.214
=	1.85

Analog Devices (WBO:ADI) 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.

Analog Devices Receivables Turnover Related Terms

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Analog Devices (WBO:ADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Analog Devices Inc (WBO:ADI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ADI:USA ANL:Germany ANL:Germany ANL:Germany A1DI34:Brazil ADI:Argentina

Address

One Analog Way, Wilmington, MA, USA, 01887

Website

https://www.analog.com

Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.