Schaeffler AG (WBO:SHA) Receivables Turnover : 1.54 (As of Mar. 2024)

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What is Schaeffler 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. Schaeffler AG's Revenue for the three months ended in Mar. 2024 was €4,085 Mil. Schaeffler AG's average Accounts Receivable for the three months ended in Mar. 2024 was €2,652 Mil. Hence, Schaeffler AG's Receivables Turnover for the three months ended in Mar. 2024 was 1.54.

Schaeffler AG Receivables Turnover Historical Data

The historical data trend for Schaeffler 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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Schaeffler AG Receivables Turnover Chart

Schaeffler AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.98

5.87

6.25

6.60

6.41

Schaeffler AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.58	1.52	1.52	1.53	1.54

Competitive Comparison of Schaeffler AG's Receivables Turnover

For the Auto Parts subindustry, Schaeffler 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.

Schaeffler AG's Receivables Turnover Distribution in the Vehicles & Parts Industry

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

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

Schaeffler AG Receivables Turnover Calculation

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

Schaeffler 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 )
=	16313	/ (	(2519	+	2574)	/	2 )
=	16313	/	2546.5
=	6.41

Schaeffler AG's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	4085	/ (	(2574	+	2730)	/	2 )
=	4085	/	2652
=	1.54

Schaeffler AG (WBO:SHA) 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.

Schaeffler AG Receivables Turnover Related Terms

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Schaeffler AG (WBO:SHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Schaeffler AG (WBO:SHA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SCFLF:USA 1SHA:Italy SHAd:UK 0RBK:UK SHA:Germany

Address

Industriestrasse 1-3, Herzogenaurach, BY, DEU, 91074

Website

https://www.schaeffler.com

Schaeffler AG is an automotive and industrial supplier. The company's business is managed based on three divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division organizes its business in the Engine Systems, Transmission Systems, E-Mobility, and Chassis Systems business divisions. The industrial division distributes components and systems for rotary and linear movements as well as services for a wide range of industrial sectors. The Automotive Aftermarket division is responsible for business with spare vehicle parts. Its Automotive Technologies generates revenue. Its geographical segments are Europe, the Americas, Greater China, and Asia-Pacific.

Schaeffler AG (WBO:SHA) Headlines

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