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Dassault Systemes SE (WBO:DSY2) Receivables Turnover : 0.92 (As of Mar. 2024)


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What is Dassault Systemes SE 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. Dassault Systemes SE's Revenue for the three months ended in Mar. 2024 was €1,500 Mil. Dassault Systemes SE's average Accounts Receivable for the three months ended in Mar. 2024 was €1,639 Mil. Hence, Dassault Systemes SE's Receivables Turnover for the three months ended in Mar. 2024 was 0.92.


Dassault Systemes SE Receivables Turnover Historical Data

The historical data trend for Dassault Systemes SE'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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Dassault Systemes SE Receivables Turnover Chart

Dassault Systemes SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 3.49 3.75 3.74 3.53

Dassault Systemes SE 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 1.13 1.10 1.09 0.92

Competitive Comparison of Dassault Systemes SE's Receivables Turnover

For the Software - Application subindustry, Dassault Systemes SE'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.


Dassault Systemes SE's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Dassault Systemes SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dassault Systemes SE's Receivables Turnover falls into.



Dassault Systemes SE Receivables Turnover Calculation

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

Dassault Systemes SE'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 )
=5951.4 / ((1661.6 + 1707.9) / 2 )
=5951.4 / 1684.75
=3.53

Dassault Systemes SE'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 )
=1499.6 / ((1707.9 + 1569.7) / 2 )
=1499.6 / 1638.8
=0.92

* 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.


Dassault Systemes SE  (WBO:DSY2) 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.


Dassault Systemes SE Receivables Turnover Related Terms

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Dassault Systemes SE (WBO:DSY2) Business Description

Address
10, Rue Marcel Dassault, Velizy-Villacoublay, FRA, 78140
Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Tesla throughout the production process. The company's top line largely depends on the transportation and mobility, industrial equipment, and aerospace and defense industries.

Dassault Systemes SE (WBO:DSY2) Headlines

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