Stratasys (Stratasys) Receivables Turnover : 0.93 (As of Dec. 2023)

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What is Stratasys 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. Stratasys's Revenue for the three months ended in Dec. 2023 was $156.3 Mil. Stratasys's average Accounts Receivable for the three months ended in Dec. 2023 was $168.0 Mil. Hence, Stratasys's Receivables Turnover for the three months ended in Dec. 2023 was 0.93.

Stratasys Receivables Turnover Historical Data

The historical data trend for Stratasys'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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Stratasys Receivables Turnover Chart

Stratasys Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.70

4.37

5.16

4.75

3.96

Stratasys Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.12	1.03	1.06	1.01	0.93

Competitive Comparison of Stratasys's Receivables Turnover

For the Computer Hardware subindustry, Stratasys'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.

Stratasys's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Stratasys's Receivables Turnover distribution charts can be found below:

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

Stratasys Receivables Turnover Calculation

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

Stratasys'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 )
=	627.598	/ (	(144.739	+	172.009)	/	2 )
=	627.598	/	158.374
=	3.96

Stratasys'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	156.337	/ (	(164.075	+	172.009)	/	2 )
=	156.337	/	168.042
=	0.93

Stratasys (NAS:SSYS) 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.

Stratasys Receivables Turnover Related Terms

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Stratasys (Stratasys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Stratasys Ltd (NAS:SSYS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SCY:Germany SCY:Germany SCY:Germany

Address

c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, USA, 55344

Website

https://www.stratasys.com

Stratasys Ltd is a provider of 3D printing and additive manufacturing solutions. The company's patented fused deposition modeling and PolyJet printing technologies print prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its subsidiaries include printer makers MakerBot and Solidscape. It generates revenue through 3D printing systems, related services, and consumables and by providing additive manufacturing solutions.