Bystronic AG (XSWX:BYS) Receivables Turnover : 3.25 (As of Dec. 2023)

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What is Bystronic 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. Bystronic AG's Revenue for the six months ended in Dec. 2023 was CHF461.8 Mil. Bystronic AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF142.0 Mil. Hence, Bystronic AG's Receivables Turnover for the six months ended in Dec. 2023 was 3.25.

Bystronic AG Receivables Turnover Historical Data

The historical data trend for Bystronic 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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Bystronic AG Receivables Turnover Chart

Bystronic AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.78

6.15

5.78

6.75

6.53

Bystronic AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.80	3.19	3.54	2.81	3.25

Competitive Comparison of Bystronic AG's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Bystronic 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.

Bystronic AG's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Bystronic AG Receivables Turnover Calculation

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

Bystronic 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 )
=	930.1	/ (	(167.2	+	117.5)	/	2 )
=	930.1	/	142.35
=	6.53

Bystronic 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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	461.8	/ (	(166.4	+	117.5)	/	2 )
=	461.8	/	141.95
=	3.25

Bystronic AG (XSWX:BYS) 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.

Bystronic AG Receivables Turnover Related Terms

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Bystronic AG (XSWX:BYS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bystronic AG (XSWX:BYS) » Definitions » Receivables Turnover

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BYSz:UK

Address

Giesshuebelstrasse 45, Zurich, CHE, CH-8045

Website

https://www.bystronic.com

Bystronic AG, formerly Conzzeta AG is a Switzerland-based company that operates in the area of sheet metal processing. The company focus on the automation of the complete material and data flow of the cutting and bending process chain. The intelligent connectivity of it's laser cutting systems and pressbrakes with automation, software, and service solutions is the key to comprehensive digitalization in the sheet metal industry. It's development and production locations are in Sulgen (Switzerland), Gotha (Germany), Cazzago San Martino and San Giuliano Milanese (Italy), Tianjin and Shenzhen (China), and Hoffman Estates (USA).

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