IMCD NV (XAMS:IMCD) Receivables Turnover : 2.85 (As of Dec. 2023)

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What is IMCD 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. IMCD NV's Revenue for the six months ended in Dec. 2023 was €2,155 Mil. IMCD NV's average Accounts Receivable for the six months ended in Dec. 2023 was €756 Mil. Hence, IMCD NV's Receivables Turnover for the six months ended in Dec. 2023 was 2.85.

IMCD NV Receivables Turnover Historical Data

The historical data trend for IMCD 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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IMCD NV Receivables Turnover Chart

IMCD NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.86

6.51

6.66

7.36

6.59

IMCD 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															2.92	3.21	3.01	3.08	2.85

Competitive Comparison of IMCD NV's Receivables Turnover

For the Specialty Chemicals subindustry, IMCD 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.

IMCD NV's Receivables Turnover Distribution in the Chemicals Industry

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

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

IMCD NV Receivables Turnover Calculation

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

IMCD 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 )
=	4442.642	/ (	(661.902	+	686.849)	/	2 )
=	4442.642	/	674.3755
=	6.59

IMCD 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 )
=	2155.488	/ (	(824.61	+	686.849)	/	2 )
=	2155.488	/	755.7295
=	2.85

IMCD NV (XAMS:IMCD) 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.

IMCD NV Receivables Turnover Related Terms

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IMCD NV (XAMS:IMCD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » IMCD NV (XAMS:IMCD) » Definitions » Receivables Turnover

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Traded in Other Exchanges

IMDZF:USA IMCDY:USA IMCDa:UK 0QVU:UK INX:Germany

Address

Wilhelminaplein 32, Rotterdam, NLD, 3072 DE

Website

https://www.imcdgroup.com

IMCD NV manufactures and sells a variety of chemicals and food ingredients. The firm's product portfolio consists of two categories: Life Science consists of the following lines of business: Pharmaceuticals, Beauty & Personal Care, Food & Nutrition, and Home Care and I&I, and The Industrial segment contains the lines of business of Coatings & Construction, Lubricants & Energy, Industrial Solutions and Advanced Materials. The company has four operating segments; EMEA, Americas, Asia-Pacific, and Holding companies. It derives a majority of its revenue from the EMEA segment.

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