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SFS Group AG (XSWX:SFSN) Receivables Turnover : 3.43 (As of Dec. 2023)


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What is SFS Group AG 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. SFS Group AG's Revenue for the six months ended in Dec. 2023 was CHF1,521 Mil. SFS Group AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF443 Mil. Hence, SFS Group AG's Receivables Turnover for the six months ended in Dec. 2023 was 3.43.


SFS Group AG Receivables Turnover Historical Data

The historical data trend for SFS Group AG'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.

* Premium members only.

SFS Group AG Receivables Turnover Chart

SFS Group AG 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 5.70 5.28 5.87 7.60 7.10

SFS Group AG 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 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 2.86 3.18 3.53 3.74 3.43

Competitive Comparison of SFS Group AG's Receivables Turnover

For the Tools & Accessories subindustry, SFS Group AG'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.


SFS Group AG's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SFS Group AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SFS Group AG's Receivables Turnover falls into.



SFS Group AG Receivables Turnover Calculation

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

SFS Group AG'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 )
=3094.8 / ((412.7 + 458.5) / 2 )
=3094.8 / 435.6
=7.10

SFS Group AG'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 )
=1521.1 / ((428.2 + 458.5) / 2 )
=1521.1 / 443.35
=3.43

* 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.


SFS Group AG  (XSWX:SFSN) 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.


SFS Group AG Receivables Turnover Related Terms

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SFS Group AG (XSWX:SFSN) Business Description

Traded in Other Exchanges
Address
Rosenbergsaustrasse 8, Heerbrugg, CHE, 9435
SFS Group AG is a company, which is engaged in the development, manufacturing, and marketing of fastening systems and precision formed components under the SFS intec, Unisteel and Tegra Medical brands. It serves customers from diverse industries such as automotive, construction, aircraft, electronics, and transportation. The company operates through three segments: Engineered Components, Fastening Systems, and Distribution and Logistics. The business of the group can be seen across the region of North America, Europe, and Asia.

SFS Group AG (XSWX:SFSN) Headlines

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