Unior Kovaska industrija DD (XLJU:UKIG) Receivables Turnover : 2.05 (As of Dec. 2023)

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What is Unior Kovaska industrija DD 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. Unior Kovaska industrija DD's Revenue for the three months ended in Dec. 2023 was €72.8 Mil. Unior Kovaska industrija DD's average Accounts Receivable for the three months ended in Dec. 2023 was €35.5 Mil. Hence, Unior Kovaska industrija DD's Receivables Turnover for the three months ended in Dec. 2023 was 2.05.

Unior Kovaska industrija DD Receivables Turnover Historical Data

The historical data trend for Unior Kovaska industrija DD'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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Unior Kovaska industrija DD Receivables Turnover Chart

Unior Kovaska industrija DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.61

7.26

7.77

8.28

9.22

Unior Kovaska industrija DD Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.07	1.82	1.55	1.78	2.05

Competitive Comparison of Unior Kovaska industrija DD's Receivables Turnover

For the Metal Fabrication subindustry, Unior Kovaska industrija DD'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.

Unior Kovaska industrija DD's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Unior Kovaska industrija DD's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Unior Kovaska industrija DD's Receivables Turnover falls into.

Unior Kovaska industrija DD Receivables Turnover Calculation

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

Unior Kovaska industrija DD'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 )
=	294.237	/ (	(32.763	+	31.081)	/	2 )
=	294.237	/	31.922
=	9.22

Unior Kovaska industrija DD'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	72.768	/ (	(39.868	+	31.081)	/	2 )
=	72.768	/	35.4745
=	2.05

Unior Kovaska industrija DD (XLJU:UKIG) 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.

Unior Kovaska industrija DD Receivables Turnover Related Terms

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Unior Kovaska industrija DD (XLJU:UKIG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Kovaska cesta 10, Zrece, SVN, 3214

Website

https://www.unior.si

Unior Kovaska industrija DD is a Slovenia-based company engaged in manufacturing forged parts, hand tools, and machine tools. It has five business segments. The Forge Programme segment develops, forges, sinters, and processes products and assemblies for the automotive industry and other buyers. Through the Hand Tools Programme segment, the company applies updated technological findings in the production of hand tools. The Special Machines Programme segment consists of the development and construction of specific-purpose CNC machine tools which are intended for the treatment of steel and aluminium blanks or blanks of other castings. Its other segments include Joint services and Maintenance. The majority of the revenue is derived from the Forge Programme in international countries.

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