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Delticom AG (XTER:DEX) Receivables Turnover : 15.19 (As of Dec. 2023)


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What is Delticom 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. Delticom AG's Revenue for the six months ended in Dec. 2023 was €260.6 Mil. Delticom AG's average Accounts Receivable for the six months ended in Dec. 2023 was €17.2 Mil. Hence, Delticom AG's Receivables Turnover for the six months ended in Dec. 2023 was 15.19.


Delticom AG Receivables Turnover Historical Data

The historical data trend for Delticom 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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Delticom AG Receivables Turnover Chart

Delticom AG 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 38.11 38.77 34.54 30.26 27.64

Delticom AG 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 19.36 12.98 14.40 12.54 15.19

Competitive Comparison of Delticom AG's Receivables Turnover

For the Auto Parts subindustry, Delticom 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.


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

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

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



Delticom AG Receivables Turnover Calculation

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

Delticom 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 )
=475.693 / ((17.201 + 17.214) / 2 )
=475.693 / 17.2075
=27.64

Delticom AG'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 )
=260.632 / ((17.106 + 17.214) / 2 )
=260.632 / 17.16
=15.19

* 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.


Delticom AG  (XTER:DEX) 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.


Delticom AG Receivables Turnover Related Terms

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Delticom AG (XTER:DEX) Business Description

Traded in Other Exchanges
Address
Bruhlstrasse 11, Hanover, DEU, 30169
Delticom AG operates as a German online tyre retailer and automotive accessories company. It operates in one segment and focuses on selling tyres, automotive accessories, used cars as well as food online and also provides logistics services. The company operates through one segment namely, selling tyres and complete wheels online. The Group operates in United Kingdom, United States, Romania and Schwitzerland.
Executives
Dr. Andreas Prüfer Board of Directors