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Acroud AB (OSTO:ACROUD) Receivables Turnover : 4.25 (As of Mar. 2024)


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What is Acroud 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. Acroud AB's Revenue for the three months ended in Mar. 2024 was kr107.4 Mil. Acroud AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr25.2 Mil. Hence, Acroud AB's Receivables Turnover for the three months ended in Mar. 2024 was 4.25.


Acroud AB Receivables Turnover Historical Data

The historical data trend for Acroud 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.

* Premium members only.

Acroud AB Receivables Turnover Chart

Acroud AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.43 7.50 15.49 12.82 12.46

Acroud 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.23 4.15 3.98 3.39 4.25

Competitive Comparison of Acroud AB's Receivables Turnover

For the Gambling subindustry, Acroud 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.


Acroud AB's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Acroud AB's Receivables Turnover distribution charts can be found below:

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



Acroud AB Receivables Turnover Calculation

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

Acroud 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 )
=440.215 / ((35.389 + 35.27) / 2 )
=440.215 / 35.3295
=12.46

Acroud 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 )
=107.35 / ((35.27 + 15.21) / 2 )
=107.35 / 25.24
=4.25

* 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.


Acroud AB  (OSTO:ACROUD) 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.


Acroud AB Receivables Turnover Related Terms

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Acroud AB (OSTO:ACROUD) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 7385, Stockholm, SWE, SE-103 91
Acroud AB owns, operates and develops comparison sites primarily within iGaming affiliation in order to help its partners by driving users to the company's customers - primarily gaming operators. The operating business segments are igaming affiliation and SaaS segment. The iGaming Affiliation Segment is the underlying affiliate business containing the traditional business areas, Poker, Sports Betting and Casino. The SaaS segment comprises the B2B software solutions to other affiliates and increase their growth and profit with technology base.

Acroud AB (OSTO:ACROUD) Headlines

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