Hamburger Hafen und Logistik AG (XTER:HHFA) Receivables Turnover : 2.10 (As of Mar. 2024)

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What is Hamburger Hafen und Logistik 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. Hamburger Hafen und Logistik AG's Revenue for the three months ended in Mar. 2024 was €364 Mil. Hamburger Hafen und Logistik AG's average Accounts Receivable for the three months ended in Mar. 2024 was €174 Mil. Hence, Hamburger Hafen und Logistik AG's Receivables Turnover for the three months ended in Mar. 2024 was 2.10.

Hamburger Hafen und Logistik AG Receivables Turnover Historical Data

The historical data trend for Hamburger Hafen und Logistik 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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Hamburger Hafen und Logistik AG Receivables Turnover Chart

Hamburger Hafen und Logistik AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.95

7.76

8.25

8.00

7.81

Hamburger Hafen und Logistik 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															1.91	2.04	2.05	2.10	2.10

Competitive Comparison of Hamburger Hafen und Logistik AG's Receivables Turnover

For the Marine Shipping subindustry, Hamburger Hafen und Logistik 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.

Hamburger Hafen und Logistik AG's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hamburger Hafen und Logistik AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hamburger Hafen und Logistik AG's Receivables Turnover falls into.

Hamburger Hafen und Logistik AG Receivables Turnover Calculation

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

Hamburger Hafen und Logistik 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 )
=	1446.771	/ (	(206.127	+	164.598)	/	2 )
=	1446.771	/	185.3625
=	7.81

Hamburger Hafen und Logistik 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 )
=	363.636	/ (	(164.598	+	182.433)	/	2 )
=	363.636	/	173.5155
=	2.10

Hamburger Hafen und Logistik AG (XTER:HHFA) 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.

Hamburger Hafen und Logistik AG Receivables Turnover Related Terms

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Hamburger Hafen und Logistik AG (XTER:HHFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hamburger Hafen und Logistik AG (XTER:HHFA) » Definitions » Receivables Turnover

Traded in Other Exchanges

HHULY:USA HHULF:USA 0NBI:UK HHFA:Austria

Address

Bei St. Annen 1, Hamburg, DEU, 20457

Website

https://www.hhla.de

Hamburger Hafen und Logistik AG is a transportation and logistics company domiciled in Germany. It participates in economic sectors of sea transport and hinterland traffic, as well as in the maintenance, sale, lease, management and development of real estate, and real estate in Hamburg's historical Speicherstadt warehouse district and its fishmarket. The company organizes itself into four segments: container, intermodal, logistics, and real estate. The container segment, generates the majority of revenue, operates terminals to transport containers by sea, rail, and truck. Intermodal segment, operates the company's rail container transportation network. The container and intermodal segments together generate the majority of revenue. The company derives the majority of revenue domestically.

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