Bertrandt AG (XTER:BDT) Receivables Turnover : 1.76 (As of Mar. 2024)

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What is Bertrandt 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. Bertrandt AG's Revenue for the three months ended in Mar. 2024 was €318 Mil. Bertrandt AG's average Accounts Receivable for the three months ended in Mar. 2024 was €181 Mil. Hence, Bertrandt AG's Receivables Turnover for the three months ended in Mar. 2024 was 1.76.

Bertrandt AG Receivables Turnover Historical Data

The historical data trend for Bertrandt 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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Bertrandt AG Receivables Turnover Chart

Bertrandt AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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4.58

4.56

4.91

5.34

5.19

Bertrandt AG Quarterly Data
	Jun19	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															1.63	1.59	1.26	1.30	1.76

Competitive Comparison of Bertrandt AG's Receivables Turnover

For the Auto Parts subindustry, Bertrandt 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.

Bertrandt AG's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bertrandt AG's Receivables Turnover distribution charts can be found below:

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

Bertrandt AG Receivables Turnover Calculation

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

Bertrandt AG's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	1156.81	/ (	(208.933	+	236.918)	/	2 )
=	1156.81	/	222.9255
=	5.19

Bertrandt 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 )
=	318.023	/ (	(0	+	180.682)	/	1 )
=	318.023	/	180.682
=	1.76

Bertrandt AG (XTER:BDT) 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.

Bertrandt AG Receivables Turnover Related Terms

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Bertrandt AG (XTER:BDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bertrandt AG (XTER:BDT) » Definitions » Receivables Turnover

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0NYZ:UK BDT:Austria

Address

Birkensee 1, Ehningen, DEU, 71139

Website

https://www.bertrandt.com

Bertrandt AG offers various solutions for the automotive and aviation industries. The company works under segments like Digital Engineering, Physical Engineering, and Electronics Systems. The company generates the majority of its revenue in its digital engineering segment which comprises of the design of vehicle components for the interior, exterior, powertrain, chassis or body as well as the development of complete vehicles including numerical analysis. The aerospace business and other industries are also allocated to this segment. Geographically, the company's end markets are focused on Germany and Europe, with some operations in USA, Africa and Asia.

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