Holland Colours (XAMS:HOLCO) Receivables Turnover

: 3.67 (As of Sep. 2022)

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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. Holland Colours's Revenue for the six months ended in Sep. 2022 was €62.9 Mil. Holland Colours's average Accounts Receivable for the six months ended in Sep. 2022 was €17.1 Mil. Hence, Holland Colours's Receivables Turnover for the six months ended in Sep. 2022 was 3.67.

Holland Colours Receivables Turnover Historical Data

The historical data trend for Holland Colours'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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Holland Colours Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Receivables Turnover

6.51

6.34

6.26

6.10

7.21

Holland Colours Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Receivables Turnover																3.01	3.16	3.29	3.23	3.67

Competitive Comparison

For the Specialty Chemicals subindustry, Holland Colours'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.

Annual Data Quarterly Data

Holland Colours Receivables Turnover Distribution

For the Chemicals industry and Basic Materials sector, Holland Colours's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Holland Colours's Receivables Turnover falls in comparison to its industry or sector. The grey bar indicates the Receivables Turnover's extreme value range as defined by GuruFocus.

Holland Colours Receivables Turnover Calculation

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

Holland Colours's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Receivables Turnover (A: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2022 )	/ (	(Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )
=	110.465	/ (	(14.703	+	15.934)	/	2 )
=	110.465	/	15.3185
=	7.21

Holland Colours's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

	Receivables Turnover (Q: Sep. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2022 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Sep. 2022 ))	/	count )
=	62.921	/ (	(15.934	+	18.335)	/	2 )
=	62.921	/	17.1345
=	3.67

Holland Colours (XAMS:HOLCO) 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.

Holland Colours Receivables Turnover Related Terms

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Holland Colours (XAMS:HOLCO) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

HCY:Germany

Address

Halvemaanweg 1, P.O. Box 720, Apeldoorn, GE, NLD, 7323 RW

Website

https://www.hollandcolours.com

Holland Colours creates and manufactures high-quality solid and liquid colorants, masterbatches and additives. The company and its subsidiaries manufacture, distribute, and sell color concentrates. Its products are designed to be well suited for coloring rigid and flexible polyvinyl chloride, pet, polyolefins and other polymers. The company serves many different markets which include building and construction but is not limited to, profiles, pipes, siding, and cladding. In addition, to serving these markets, it also offers color concentrates for coatings, elastomers, adhesives and other applications. The company operates geographically across Europe, the United States of America and Asia.

Holland Colours (XAMS:HOLCO) Headlines

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