GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Judges Scientific PLC (FRA:IUF) » Definitions » Receivables Turnover

Judges Scientific (FRA:IUF) Receivables Turnover : 3.36 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Judges Scientific 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. Judges Scientific's Revenue for the six months ended in Dec. 2023 was €86.8 Mil. Judges Scientific's average Accounts Receivable for the six months ended in Dec. 2023 was €25.8 Mil. Hence, Judges Scientific's Receivables Turnover for the six months ended in Dec. 2023 was 3.36.


Judges Scientific Receivables Turnover Historical Data

The historical data trend for Judges Scientific'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.

Judges Scientific Receivables Turnover Chart

Judges Scientific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.28 7.23 7.21 6.75 7.25

Judges Scientific 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.19 2.69 3.39 2.76 3.36

Competitive Comparison of Judges Scientific's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Judges Scientific'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.


Judges Scientific's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Judges Scientific's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Judges Scientific's Receivables Turnover falls into.



Judges Scientific Receivables Turnover Calculation

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

Judges Scientific'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 )
=157.979 / ((21.847 + 21.706) / 2 )
=157.979 / 21.7765
=7.25

Judges Scientific'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 )
=86.825 / ((29.951 + 21.706) / 2 )
=86.825 / 25.8285
=3.36

* 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.


Judges Scientific  (FRA:IUF) 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.


Judges Scientific Receivables Turnover Related Terms

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


Judges Scientific (FRA:IUF) Business Description

Traded in Other Exchanges
Address
52c Borough High Street, London, GBR, SE1 1XN
Judges Scientific PLC is engaged in the designing, manufacturing, and sale of scientific instruments. The company operates two main operating segments: Materials Sciences and Vacuum. The firm specializes in the acquisition and development of a portfolio of scientific instrument businesses. The company has operational footprints across the United Kingdom, the Rest of Europe, North America, and the Rest of the world.

Judges Scientific (FRA:IUF) Headlines

No Headlines