Colt CZ Group SE (XPRA:CZG) Receivables Turnover : 3.72 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Colt CZ Group SE 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. Colt CZ Group SE's Revenue for the three months ended in Dec. 2023 was Kč4,945 Mil. Colt CZ Group SE's average Accounts Receivable for the three months ended in Dec. 2023 was Kč1,330 Mil. Hence, Colt CZ Group SE's Receivables Turnover for the three months ended in Dec. 2023 was 3.72.

Colt CZ Group SE Receivables Turnover Historical Data

The historical data trend for Colt CZ Group SE'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.

Colt CZ Group SE Receivables Turnover Chart

Colt CZ Group SE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

7.97

9.06

13.34

12.37

9.52

Colt CZ Group SE Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.44	2.40	3.24	2.91	3.72

Competitive Comparison of Colt CZ Group SE's Receivables Turnover

For the Aerospace & Defense subindustry, Colt CZ Group SE'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.

Colt CZ Group SE's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Colt CZ Group SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Colt CZ Group SE's Receivables Turnover falls into.

Colt CZ Group SE Receivables Turnover Calculation

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

Colt CZ Group SE'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 )
=	14855.581	/ (	(1346.143	+	1774.947)	/	2 )
=	14855.581	/	1560.545
=	9.52

Colt CZ Group SE's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	4945.035	/ (	(885.497	+	1774.947)	/	2 )
=	4945.035	/	1330.222
=	3.72

Colt CZ Group SE (XPRA:CZG) 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.

Colt CZ Group SE Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Colt CZ Group SE's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Colt CZ Group SE (XPRA:CZG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Colt CZ Group SE (XPRA:CZG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CZGZF:USA 6QS:Germany

Address

Opletalova 1284/37, Praha 1, Nove Mesto, Prague, CZE, 110 00

Website

https://www.coltczgroup.com

Colt CZ Group SE is engaged in the defense sector. The company is a producer of firearms for military and law enforcement, personal defense, hunting, sport shooting, and other civilian use. The firm's operating segments are Production, purchase, and sale of firearms and accessories which contributes the majority of revenue and other segments.

Colt CZ Group SE (XPRA:CZG) Headlines

No Headlines