Edel SE KGaA (XTER:EDL) Receivables Turnover : 2.70 (As of Sep. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Edel SE KGaA 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. Edel SE KGaA's Revenue for the six months ended in Sep. 2023 was €129.4 Mil. Edel SE KGaA's average Accounts Receivable for the six months ended in Sep. 2023 was €48.0 Mil. Hence, Edel SE KGaA's Receivables Turnover for the six months ended in Sep. 2023 was 2.70.

Edel SE KGaA Receivables Turnover Historical Data

The historical data trend for Edel SE KGaA'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.

Edel SE KGaA Receivables Turnover Chart

Edel SE KGaA Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

Get a 7-Day Free Trial

5.10

5.35

5.86

5.64

5.63

Edel SE KGaA Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															2.92	2.91	2.85	2.99	2.70

Competitive Comparison of Edel SE KGaA's Receivables Turnover

For the Entertainment subindustry, Edel SE KGaA'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.

Edel SE KGaA's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Edel SE KGaA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Edel SE KGaA's Receivables Turnover falls into.

Edel SE KGaA Receivables Turnover Calculation

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

Edel SE KGaA'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 )
=	280.221	/ (	(52.378	+	47.247)	/	2 )
=	280.221	/	49.8125
=	5.63

Edel SE KGaA's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	129.359	/ (	(48.674	+	47.247)	/	2 )
=	129.359	/	47.9605
=	2.70

Edel SE KGaA (XTER:EDL) 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.

Edel SE KGaA Receivables Turnover Related Terms

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

Edel SE KGaA (XTER:EDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Edel SE & Co KGaA (XTER:EDL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

EDL:Germany EDL:Germany EDL:Germany

Address

Neumuehlen 17, Hamburg, SH, DEU, 22763

Website

https://www.edel.com

Edel SE & Co KGaA is an independent media company. The Edel Group divides its operational business into three business areas which are Manufacturing & Distribution, Music & Entertainment, and Books. The company offers artists, authors, labels, publishers, and other rights holders, different types of products and services. The company has two reportable segments which are Manufacturing and logistics and Marketing and sales. The company generates the majority of its revenue from Manufacturing and logistics. Geographically company generates revenues from Great Britain, Germany, Ireland, USA, France, and others.

Edel SE KGaA (XTER:EDL) Headlines

No Headlines