Dassault Aviation (XPAR:AM) Receivables Turnover : 2.07 (As of Dec. 2023)

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What is Dassault Aviation 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. Dassault Aviation's Revenue for the six months ended in Dec. 2023 was €2,508 Mil. Dassault Aviation's average Accounts Receivable for the six months ended in Dec. 2023 was €1,213 Mil. Hence, Dassault Aviation's Receivables Turnover for the six months ended in Dec. 2023 was 2.07.

Dassault Aviation Receivables Turnover Historical Data

The historical data trend for Dassault Aviation'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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Dassault Aviation Receivables Turnover Chart

Dassault Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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12.32

5.35

5.67

5.73

4.60

Dassault Aviation 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															3.36	1.95	2.35	1.61	2.07

Competitive Comparison of Dassault Aviation's Receivables Turnover

For the Aerospace & Defense subindustry, Dassault Aviation'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.

Dassault Aviation's Receivables Turnover Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Dassault Aviation's Receivables Turnover falls into.

Dassault Aviation Receivables Turnover Calculation

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

Dassault Aviation'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 )
=	4804.891	/ (	(1260.273	+	829.605)	/	2 )
=	4804.891	/	1044.939
=	4.60

Dassault Aviation'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 )
=	2507.71	/ (	(1597.197	+	829.605)	/	2 )
=	2507.71	/	1213.401
=	2.07

Dassault Aviation (XPAR:AM) 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.

Dassault Aviation Receivables Turnover Related Terms

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Dassault Aviation (XPAR:AM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Dassault Aviation SA (XPAR:AM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DUAVF:USA AMp:UK 0IAX:UK DAU0:Germany DAAV:Austria

Address

9, Rond-Point des Champs-Elysees, Marcel Dassault, Paris, FRA, 75008

Website

https://www.dassault-aviation.com

Dassault Aviation, a subsidiary of French multinational company Dassault Group, designs, builds and maintains military fighter jets, and is one of the largest manufacturers of business jets. Dassault has a 24.8% stake in narrow-moat Thales, which contributes significantly to Dassault's net profit. In 2021, Dassault Aviation generated EUR 7.2 billion in revenue with 12,000 employees. About 70% of revenue comes from defense aircraft equipment sales and services, while Falcon business jets generate the remaining 30% of sales.