L K Technology Holdings (FRA:L5D) Receivables Turnover : 1.10 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is L K Technology Holdings 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. L K Technology Holdings's Revenue for the six months ended in Sep. 2023 was €329.6 Mil. L K Technology Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was €300.9 Mil. Hence, L K Technology Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 1.10.

L K Technology Holdings Receivables Turnover Historical Data

The historical data trend for L K Technology Holdings'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.

L K Technology Holdings Receivables Turnover Chart

L K Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

2.90

2.30

3.07

3.24

2.63

L K Technology Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															2.12	1.62	1.46	1.27	1.10

Competitive Comparison of L K Technology Holdings's Receivables Turnover

For the Specialty Industrial Machinery subindustry, L K Technology Holdings'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.

L K Technology Holdings's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, L K Technology Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where L K Technology Holdings's Receivables Turnover falls into.

L K Technology Holdings Receivables Turnover Calculation

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

L K Technology Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	701.669	/ (	(234.263	+	299.967)	/	2 )
=	701.669	/	267.115
=	2.63

L K Technology Holdings's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	329.597	/ (	(299.967	+	301.891)	/	2 )
=	329.597	/	300.929
=	1.10

L K Technology Holdings (FRA:L5D) 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.

L K Technology Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of L K Technology Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

L K Technology Holdings (FRA:L5D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » L K Technology Holdings Ltd (FRA:L5D) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

00558:Hong Kong

Address

1-7 Wah Sing Street, Unit A, 8th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.lk.world

L K Technology Holdings Ltd is an investment holding company. It is principally engaged in the design, manufacture, and sales of the hot chamber and cold chamber die-casting machines, plastic injection moulding machines, computerized numerical controlled (CNC) machining centers and related accessories. The company's operating segment includes Die-casting machine; Plastic injection moulding machine and CNC machining centre. It generates maximum revenue from the Die-casting machine segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Europe, North America, Central America and South America and Other countries.

L K Technology Holdings (FRA:L5D) Headlines

No Headlines