ASML Holding NV (WBO:ASML) Receivables Turnover : 1.34 (As of Mar. 2024)

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What is ASML Holding 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. ASML Holding NV's Revenue for the three months ended in Mar. 2024 was €5,290 Mil. ASML Holding NV's average Accounts Receivable for the three months ended in Mar. 2024 was €3,960 Mil. Hence, ASML Holding NV's Receivables Turnover for the three months ended in Mar. 2024 was 1.34.

ASML Holding NV Receivables Turnover Historical Data

The historical data trend for ASML Holding 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.

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ASML Holding NV Receivables Turnover Chart

ASML Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.20

9.03

8.58

5.07

5.71

ASML Holding NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.54	1.86	1.69	1.76	1.34

Competitive Comparison of ASML Holding NV's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, ASML Holding 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.

ASML Holding NV's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASML Holding NV's Receivables Turnover distribution charts can be found below:

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

ASML Holding NV Receivables Turnover Calculation

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

ASML Holding 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 )
=	27558.5	/ (	(5323.8	+	4334.1)	/	2 )
=	27558.5	/	4828.95
=	5.71

ASML Holding NV's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	5290	/ (	(4334.1	+	3585.5)	/	2 )
=	5290	/	3959.8
=	1.34

ASML Holding NV (WBO:ASML) 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.

ASML Holding NV Receivables Turnover Related Terms

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ASML Holding NV (WBO:ASML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASML Holding NV (WBO:ASML) » Definitions » Receivables Turnover

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Traded in Other Exchanges

ASMLF:USA ASML:USA ASML01:Thailand ASML:Poland ASML:Netherlands ASML1:Mexico ASML:Mexico ASML:Italy 0M42:UK ASMLa:UK 0QB8:UK ASME:Germany ASML34:Brazil ASMN:Austria

Address

De Run 6501, Veldhoven, NB, NLD, 5504 DR

Website

https://www.asml.com

ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.