Enapter AG (STU:H2O) Receivables Turnover : 0.58 (As of Jun. 2023)

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What is Enapter 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. Enapter AG's Revenue for the six months ended in Jun. 2023 was €4.77 Mil. Enapter AG's average Accounts Receivable for the six months ended in Jun. 2023 was €8.27 Mil. Hence, Enapter AG's Receivables Turnover for the six months ended in Jun. 2023 was 0.58.

Enapter AG Receivables Turnover Historical Data

The historical data trend for Enapter 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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Enapter AG Receivables Turnover Chart

Enapter AG Annual Data

Trend

Dec07

Dec08

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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18.65

5.98

2.75

Enapter AG Semi-Annual Data
	Dec07	Dec08	Jun09	Jun11	Jan17	Jul17	Jan18	Jul18	Jan19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial												15.62	4.74	1.54	2.35	0.58

Competitive Comparison of Enapter AG's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Enapter 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.

Enapter AG's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enapter AG's Receivables Turnover distribution charts can be found below:

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

Enapter AG Receivables Turnover Calculation

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

Enapter AG's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	14.671	/ (	(2.638	+	8.014)	/	2 )
=	14.671	/	5.326
=	2.75

Enapter AG's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	4.766	/ (	(8.014	+	8.523)	/	2 )
=	4.766	/	8.2685
=	0.58

Enapter AG (STU:H2O) 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.

Enapter AG Receivables Turnover Related Terms

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Enapter AG (STU:H2O) Business Description

Industry

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H2O:Germany

Address

Reinhardtstr. 35, Berlin, BB, DEU, 10117

Website

https://www.enapter.com

Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.

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