SAP SE (SAP SE) Receivables Turnover : 1.20 (As of Mar. 2024)

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What is SAP 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. SAP SE's Revenue for the three months ended in Mar. 2024 was $8,740 Mil. SAP SE's average Accounts Receivable for the three months ended in Mar. 2024 was $7,253 Mil. Hence, SAP SE's Receivables Turnover for the three months ended in Mar. 2024 was 1.20.

SAP SE Receivables Turnover Historical Data

The historical data trend for SAP 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.

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SAP SE Receivables Turnover Chart

SAP SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.97

4.17

4.29

4.89

5.42

SAP SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.20	1.24	1.40	1.52	1.20

Competitive Comparison of SAP SE's Receivables Turnover

For the Software - Application subindustry, SAP 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.

SAP SE's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, SAP SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SAP SE's Receivables Turnover falls into.

SAP SE Receivables Turnover Calculation

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

SAP 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 )
=	34031.625	/ (	(6125	+	6425.3)	/	2 )
=	34031.625	/	6275.15
=	5.42

SAP SE's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	8740.217	/ (	(6425.3	+	8081.522)	/	2 )
=	8740.217	/	7253.411
=	1.20

SAP SE (NYSE:SAP) 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.

SAP SE Receivables Turnover Related Terms

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