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Verbio SE (XTER:VBK) Receivables Turnover : 3.86 (As of Dec. 2023)


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What is Verbio 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. Verbio SE's Revenue for the three months ended in Dec. 2023 was €421 Mil. Verbio SE's average Accounts Receivable for the three months ended in Dec. 2023 was €109 Mil. Hence, Verbio SE's Receivables Turnover for the three months ended in Dec. 2023 was 3.86.


Verbio SE Receivables Turnover Historical Data

The historical data trend for Verbio 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.

* Premium members only.

Verbio SE Receivables Turnover Chart

Verbio SE Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.62 15.41 15.29 19.94 19.49

Verbio SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.06 3.87 4.30 4.95 3.86

Competitive Comparison of Verbio SE's Receivables Turnover

For the Specialty Chemicals subindustry, Verbio 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.


Verbio SE's Receivables Turnover Distribution in the Chemicals Industry

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

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



Verbio SE Receivables Turnover Calculation

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

Verbio SE's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=1968.281 / ((112.234 + 89.763) / 2 )
=1968.281 / 100.9985
=19.49

Verbio SE'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=420.749 / ((107.334 + 110.483) / 2 )
=420.749 / 108.9085
=3.86

* 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.


Verbio SE  (XTER:VBK) 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.


Verbio SE Receivables Turnover Related Terms

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Verbio SE (XTER:VBK) Business Description

Traded in Other Exchanges
Address
Ritterstrasse 23, Leipzig, ST, DEU, 04109
Verbio SE is a Germany-based company that produces and distributes biofuels. The company's products include verbiodiesel, verbioethanol, verbigas, and verbioglycerine. It also provides high-quality components made from sustainably produced biomass for the feed and food industry.
Executives
Stefan Schreiber Board of Directors
Ulrike Krämer Supervisory Board
Theodor Niesmann Board of Directors
Prof. Dr. Oliver Lüdtke Board of Directors
Claus Sauter Board of Directors
Dr. Klaus Niemann Supervisory Board
Herr Alexander Von Witzleben Supervisory Board

Verbio SE (XTER:VBK) Headlines

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