SGS AG (SGS AG) Receivables Turnover : 3.58 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is SGS 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. SGS AG's Revenue for the six months ended in Dec. 2023 was $3,860 Mil. SGS AG's average Accounts Receivable for the six months ended in Dec. 2023 was $1,078 Mil. Hence, SGS AG's Receivables Turnover for the six months ended in Dec. 2023 was 3.58.

SGS AG Receivables Turnover Historical Data

The historical data trend for SGS 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.

* Premium members only.

SGS AG Receivables Turnover Chart

SGS AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.90

6.53

7.06

6.89

7.13

SGS 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															3.50	3.33	3.52	3.42	3.58

Competitive Comparison of SGS AG's Receivables Turnover

For the Consulting Services subindustry, SGS 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.

SGS AG's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SGS AG's Receivables Turnover distribution charts can be found below:

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

SGS AG Receivables Turnover Calculation

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

SGS 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 )
=	7657.262	/ (	(1060.541	+	1086.957)	/	2 )
=	7657.262	/	1073.749
=	7.13

SGS 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 )
=	3859.852	/ (	(1069.525	+	1086.957)	/	2 )
=	3859.852	/	1078.241
=	3.58

SGS AG (OTCPK:SGSOY) 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.

SGS AG Receivables Turnover Related Terms

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

SGS AG (SGS AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SGS AG (OTCPK:SGSOY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SGSOF:USA SGSNz:UK 0QMI:UK SGSN:Switzerland

Address

1 Place des Alpes, P.O. Box 2152, Geneva, CHE, CH-1211

Website

https://www.sgs.com

Switzerland-listed SGS is the largest and one of the oldest companies in the testing, inspection, and certification industry. The company's primary activities involve testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure global/company standards. SGS is one of only four TIC companies that operate globally across numerous industries, including agriculture, food and life science, and transport services. SGS was first listed in 1981 and employs almost 100,000 people worldwide.

SGS AG (SGS AG) Headlines

From GuruFocus

Aurora Capital Partners Purchases Petroleum Service Corporation from SGS

By PRNewswire PRNewswire • 06-24-2019