Montana Aerospace AG (XSWX:AERO) Receivables Turnover : 2.24 (As of Dec. 2023)

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What is Montana Aerospace 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. Montana Aerospace AG's Revenue for the three months ended in Dec. 2023 was CHF366 Mil. Montana Aerospace AG's average Accounts Receivable for the three months ended in Dec. 2023 was CHF163 Mil. Hence, Montana Aerospace AG's Receivables Turnover for the three months ended in Dec. 2023 was 2.24.

Montana Aerospace AG Receivables Turnover Historical Data

The historical data trend for Montana Aerospace 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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Montana Aerospace AG Receivables Turnover Chart

Montana Aerospace AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.98

6.38

7.18

8.49

8.45

Montana Aerospace AG Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial												1.79	1.92	1.79	1.78	2.24

Competitive Comparison of Montana Aerospace AG's Receivables Turnover

For the Aerospace & Defense subindustry, Montana Aerospace 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.

Montana Aerospace AG's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Montana Aerospace AG's Receivables Turnover distribution charts can be found below:

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

Montana Aerospace AG Receivables Turnover Calculation

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

Montana Aerospace 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 )
=	1348.96	/ (	(169.161	+	150.194)	/	2 )
=	1348.96	/	159.6775
=	8.45

Montana Aerospace AG'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 )
=	366.121	/ (	(176.685	+	150.194)	/	2 )
=	366.121	/	163.4395
=	2.24

Montana Aerospace AG (XSWX:AERO) 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.

Montana Aerospace AG Receivables Turnover Related Terms

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Montana Aerospace AG (XSWX:AERO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Montana Aerospace AG (XSWX:AERO) » Definitions » Receivables Turnover

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AEROz:UK

Address

Alte Aarauerstrasse 11, Reinach, CHE, 5734

Website

https://www.montana-aerospace.com

Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures and customized assemblies as well as semi-finished products for specialized applications in a wide array of end-markets. The company has three business segments namely aerostructures, e-mobility and energy. It has its geographic presence in Germany, USA, UK, Poland, Russia and Others.