Siegfried Holding AG (XSWX:SFZN) Receivables Turnover : 2.11 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Siegfried Holding 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. Siegfried Holding AG's Revenue for the six months ended in Dec. 2023 was CHF664 Mil. Siegfried Holding AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF314 Mil. Hence, Siegfried Holding AG's Receivables Turnover for the six months ended in Dec. 2023 was 2.11.

Siegfried Holding AG Receivables Turnover Historical Data

The historical data trend for Siegfried Holding 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.

* Premium members only.

Siegfried Holding AG Receivables Turnover Chart

Siegfried Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.60

3.36

4.21

4.07

3.71

Siegfried Holding 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															2.76	2.09	2.04	1.96	2.11

Competitive Comparison of Siegfried Holding AG's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Siegfried Holding 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.

Siegfried Holding AG's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Siegfried Holding AG's Receivables Turnover distribution charts can be found below:

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

Siegfried Holding AG Receivables Turnover Calculation

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

Siegfried Holding 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 )
=	1271.494	/ (	(337.767	+	347.357)	/	2 )
=	1271.494	/	342.562
=	3.71

Siegfried Holding 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 )
=	664.442	/ (	(281.238	+	347.357)	/	2 )
=	664.442	/	314.2975
=	2.11

Siegfried Holding AG (XSWX:SFZN) 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.

Siegfried Holding AG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Siegfried Holding AG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Siegfried Holding AG (XSWX:SFZN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Siegfried Holding AG (XSWX:SFZN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SFZNz:UK

Address

Untere Bruehlstrasse 4, Zofingen, CHE, CH-4800

Website

https://www.siegfried.ch

Siegfried Holding AG is a biotechnology company that focuses on primary and secondary drug manufacturing. The company develops and manufactures active pharmaceutical ingredients for pharmaceutical clients with research and development programs, related intermediates, and controlled substances. Siegfried also offers the development and production of finished dosage forms, including sterile fillings. The company broadly offers complex oral and sterile formulations of drug products available for custom development and manufacturing, as well as licensing.

Siegfried Holding AG (XSWX:SFZN) Headlines

No Headlines