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Zardoya Otis (XMAD:ZOT) Receivables Turnover : 1.44 (As of Nov. 2021)


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What is Zardoya Otis 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. Zardoya Otis's Revenue for the three months ended in Nov. 2021 was €202.7 Mil. Zardoya Otis's average Accounts Receivable for the three months ended in Nov. 2021 was €140.7 Mil. Hence, Zardoya Otis's Receivables Turnover for the three months ended in Nov. 2021 was 1.44.


Zardoya Otis Receivables Turnover Historical Data

The historical data trend for Zardoya Otis'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.

Zardoya Otis Receivables Turnover Chart

Zardoya Otis Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.73 6.98 7.06 6.03 5.68

Zardoya Otis Quarterly Data
Nov15 May16 Nov16 May17 Nov17 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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 1.44 1.37 1.09 1.09 1.44

Competitive Comparison of Zardoya Otis's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Zardoya Otis'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.


Zardoya Otis's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zardoya Otis's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zardoya Otis's Receivables Turnover falls into.



Zardoya Otis Receivables Turnover Calculation

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

Zardoya Otis's Receivables Turnover for the fiscal year that ended in Nov. 2021 is calculated as

Receivables Turnover (A: Nov. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Nov. 2021 ) / ((Accounts Receivable (A: Nov. 2020 ) + Accounts Receivable (A: Nov. 2021 )) / count )
=808.683 / ((143.995 + 140.697) / 2 )
=808.683 / 142.346
=5.68

Zardoya Otis's Receivables Turnover for the quarter that ended in Nov. 2021 is calculated as

Receivables Turnover (Q: Nov. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Nov. 2021 ) / ((Accounts Receivable (Q: Aug. 2021 ) + Accounts Receivable (Q: Nov. 2021 )) / count )
=202.683 / ((0 + 140.697) / 1 )
=202.683 / 140.697
=1.44

* 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.


Zardoya Otis  (XMAD:ZOT) 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.


Zardoya Otis Receivables Turnover Related Terms

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Zardoya Otis (XMAD:ZOT) Business Description

Traded in Other Exchanges
N/A
Address
C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033
Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

Zardoya Otis (XMAD:ZOT) Headlines

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