Brockhaus Technologies AG (FRA:BKHT) Receivables Turnover : 2.02 (As of Mar. 2024)

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What is Brockhaus Technologies 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. Brockhaus Technologies AG's Revenue for the three months ended in Mar. 2024 was €39.6 Mil. Brockhaus Technologies AG's average Accounts Receivable for the three months ended in Mar. 2024 was €19.7 Mil. Hence, Brockhaus Technologies AG's Receivables Turnover for the three months ended in Mar. 2024 was 2.02.

Brockhaus Technologies AG Receivables Turnover Historical Data

The historical data trend for Brockhaus Technologies 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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Brockhaus Technologies AG Receivables Turnover Chart

Brockhaus Technologies AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

2.82

7.88

4.14

10.55

11.40

Brockhaus Technologies AG Quarterly Data
	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														1.99	2.07	2.27	2.30	2.02

Competitive Comparison of Brockhaus Technologies AG's Receivables Turnover

For the Asset Management subindustry, Brockhaus Technologies 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.

Brockhaus Technologies AG's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brockhaus Technologies AG's Receivables Turnover distribution charts can be found below:

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

Brockhaus Technologies AG Receivables Turnover Calculation

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

Brockhaus Technologies 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 )
=	186.63	/ (	(15.434	+	17.316)	/	2 )
=	186.63	/	16.375
=	11.40

Brockhaus Technologies AG'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 )
=	39.624	/ (	(17.316	+	21.993)	/	2 )
=	39.624	/	19.6545
=	2.02

Brockhaus Technologies AG (FRA:BKHT) 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.

Brockhaus Technologies AG Receivables Turnover Related Terms

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Brockhaus Technologies AG (FRA:BKHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brockhaus Technologies AG (FRA:BKHT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BKHT:Germany

Address

Nextower, Thurn-und-Taxis-Platz 6, Frankfurt, HE, DEU, 60313

Website

https://www.brockhaus-technologies.com

Brockhaus Technologies AG Formerly Brockhaus Capital Mgmt AG is a technology holding company engaged in acquiring high-margin, fast-growing technology companies. The company provides active, strategic support to make them more valuable, and more successful. It offers the companies its expertise and gives them access to its network across sectors and international borders. The company offers its investors an opportunity to participate in the growth of these acquired technology companies.

Brockhaus Technologies AG (FRA:BKHT) Headlines

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