Nivika Fastigheter AB (FRA:Y5R) Receivables Turnover : 9.34 (As of Feb. 2024)

Nivika Fastigheter AB Receivables Turnover Chart

Nivika Fastigheter AB Quarterly Data
	Aug19	Aug20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial										11.14	17.52	12.48	9.14	9.34

Competitive Comparison of Nivika Fastigheter AB's Receivables Turnover

For the Real Estate Services subindustry, Nivika Fastigheter AB'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.

Nivika Fastigheter AB's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nivika Fastigheter AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nivika Fastigheter AB's Receivables Turnover falls into.

Nivika Fastigheter AB Receivables Turnover Calculation

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

Nivika Fastigheter AB's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Nivika Fastigheter AB's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

* 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.

Nivika Fastigheter AB  (FRA:Y5R) 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.

Nivika Fastigheter AB Receivables Turnover Related Terms

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Nivika Fastigheter AB (FRA:Y5R) Business Description