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Brueder Mannesmann AG (FRA:BMM) Receivables Turnover : 5.08 (As of Dec. 2022)


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What is Brueder Mannesmann 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. Brueder Mannesmann AG's Revenue for the six months ended in Dec. 2022 was €24.97 Mil. Brueder Mannesmann AG's average Accounts Receivable for the six months ended in Dec. 2022 was €4.92 Mil. Hence, Brueder Mannesmann AG's Receivables Turnover for the six months ended in Dec. 2022 was 5.08.


Brueder Mannesmann AG Receivables Turnover Historical Data

The historical data trend for Brueder Mannesmann 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.

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Brueder Mannesmann AG Receivables Turnover Chart

Brueder Mannesmann AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.67 11.94 10.91 6.92 5.08

Brueder Mannesmann AG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 11.67 11.94 10.91 6.92 5.08

Competitive Comparison of Brueder Mannesmann AG's Receivables Turnover

For the Specialty Retail subindustry, Brueder Mannesmann 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.


Brueder Mannesmann AG's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Brueder Mannesmann AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Brueder Mannesmann AG's Receivables Turnover falls into.



Brueder Mannesmann AG Receivables Turnover Calculation

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

Brueder Mannesmann AG's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=24.972 / ((4.72 + 5.117) / 2 )
=24.972 / 4.9185
=5.08

Brueder Mannesmann AG's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=24.972 / ((4.72 + 5.117) / 2 )
=24.972 / 4.9185
=5.08

* 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.


Brueder Mannesmann AG  (FRA:BMM) 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.


Brueder Mannesmann AG Receivables Turnover Related Terms

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Brueder Mannesmann AG (FRA:BMM) Business Description

Traded in Other Exchanges
Address
Lempstrasse 24D 42859 RemscheidDeutschland / Germany, Lempstrac E 24, Remscheid, DEU, 42859
Brueder Mannesmann AG, through its subsidiaries, operates in the field of tools and valves trading, providing hand tools and power tools. The Company also sells standard valves and related products for industrial applications.

Brueder Mannesmann AG (FRA:BMM) Headlines

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