Ratos AB (LTS:0GWP) Receivables Turnover : 2.32 (As of Mar. 2024)

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What is Ratos AB 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. Ratos AB's Revenue for the three months ended in Mar. 2024 was kr7,825 Mil. Ratos AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr3,377 Mil. Hence, Ratos AB's Receivables Turnover for the three months ended in Mar. 2024 was 2.32.

Ratos AB Receivables Turnover Historical Data

The historical data trend for Ratos AB'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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Ratos AB Receivables Turnover Chart

Ratos AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.64

8.28

9.23

9.27

9.68

Ratos AB 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															2.13	2.72	2.32	2.47	2.32

Competitive Comparison of Ratos AB's Receivables Turnover

For the Engineering & Construction subindustry, Ratos 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.

Ratos AB's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ratos AB's Receivables Turnover distribution charts can be found below:

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

Ratos AB Receivables Turnover Calculation

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

Ratos AB'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 )
=	33747	/ (	(3699	+	3277)	/	2 )
=	33747	/	3488
=	9.68

Ratos AB'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 )
=	7825	/ (	(3277	+	3476)	/	2 )
=	7825	/	3376.5
=	2.32

Ratos AB (LTS:0GWP) 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.

Ratos AB Receivables Turnover Related Terms

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Ratos AB (LTS:0GWP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ratos AB (LTS:0GWP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

RTOBF:USA RATO B:Sweden RATO A:Sweden RATOBs:UK 0KBQ:UK RAZB:Germany

Address

Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11

Website

https://www.ratos.com

Ratos AB is an investment company that owns and develops unlisted medium- and small-sized Nordic companies. Its portfolio has a concentration in construction, consumer goods/commerce and industrials. Traditionally, Ratos is the largest owner of its companies, and it seeks to influence the company's development. The company sets thresholds for minimum investment amounts and chooses not to invest in the early phases of a company's life cycle. Potential portfolio companies are traditionally headquartered in the Nordic region, but Ratos removes qualifications for portfolio company add-on acquisitions. Potential acquisitions are selected through either internal processes or with the help of investment banks and other advisors.

Ratos AB (LTS:0GWP) Headlines

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