Atlanticpphire ASA (OSL:ASA) Receivables Turnover : 4.24 (As of Dec. 2023)

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What is Atlanticpphire ASA 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. Atlanticpphire ASA's Revenue for the six months ended in Dec. 2023 was kr62.6 Mil. Atlanticpphire ASA's average Accounts Receivable for the six months ended in Dec. 2023 was kr14.8 Mil. Hence, Atlanticpphire ASA's Receivables Turnover for the six months ended in Dec. 2023 was 4.24.

Atlanticpphire ASA Receivables Turnover Historical Data

The historical data trend for Atlanticpphire ASA'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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Atlanticpphire ASA Receivables Turnover Chart

Atlanticpphire ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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10.64

4.41

10.79

12.14

9.73

Atlanticpphire ASA Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial									3.21	7.04	5.65	4.87	4.24

Competitive Comparison of Atlanticpphire ASA's Receivables Turnover

For the Farm Products subindustry, Atlanticpphire ASA'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.

Atlanticpphire ASA's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Atlanticpphire ASA's Receivables Turnover distribution charts can be found below:

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

Atlanticpphire ASA Receivables Turnover Calculation

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

Atlanticpphire ASA'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 )
=	147.639	/ (	(18.249	+	12.09)	/	2 )
=	147.639	/	15.1695
=	9.73

Atlanticpphire ASA'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 )
=	62.632	/ (	(17.458	+	12.09)	/	2 )
=	62.632	/	14.774
=	4.24

Atlanticpphire ASA (OSL:ASA) 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.

Atlanticpphire ASA Receivables Turnover Related Terms

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Atlanticpphire ASA (OSL:ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Atlantic Sapphire ASA (OSL:ASA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AASZF:USA ASAo:Sweden 4AS:Germany

Address

22275 SW 272nd Street, Homestead, FL, USA, 33031

Website

https://www.atlanticsapphire.com

Atlantic Sapphire ASA is engaged in fish farming activities locally to transform protein production globally. The group owns and operates land-based Atlantic salmon farms in Denmark and Homestead in the United States. Its brand portfolio includes Bluehouse Salmon and Sapphire salmon. Its geographical segments are the United States, Denmark, the Netherlands, and Other countries.