Horizon Global (Horizon Global) Receivables Turnover : 1.71 (As of Sep. 2022)

Horizon Global Receivables Turnover Chart

Horizon Global Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Receivables Turnover		Get a 7-Day Free Trial				10.55	7.64	8.28	8.31	9.30

Horizon Global Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Receivables Turnover	Get a 7-Day Free Trial															1.85	1.86	2.05	1.86	1.71

Competitive Comparison of Horizon Global's Receivables Turnover

For the Auto Parts subindustry, Horizon Global'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.

Horizon Global's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Horizon Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Horizon Global's Receivables Turnover falls into.

Horizon Global Receivables Turnover Calculation

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

Horizon Global's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Horizon Global's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

* 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.

Horizon Global  (NYSE:HZN) 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.

Horizon Global Receivables Turnover Related Terms

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Horizon Global (Horizon Global) Business Description