Fastighets AB Balder (OSTO:BALD B) Receivables Turnover : 1.16 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Fastighets AB Balder 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. Fastighets AB Balder's Revenue for the three months ended in Mar. 2024 was kr3,129 Mil. Fastighets AB Balder's average Accounts Receivable for the three months ended in Mar. 2024 was kr2,703 Mil. Hence, Fastighets AB Balder's Receivables Turnover for the three months ended in Mar. 2024 was 1.16.

Fastighets AB Balder Receivables Turnover Historical Data

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Receivables Turnover Chart

Fastighets AB Balder Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

35.98

27.95

24.54

35.91

36.98

Fastighets AB Balder 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															14.62	-	-	6.90	1.16

Competitive Comparison of Fastighets AB Balder's Receivables Turnover

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.

Fastighets AB Balder's Receivables Turnover Distribution in the Real Estate Industry

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

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

Fastighets AB Balder Receivables Turnover Calculation

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

Fastighets AB Balder'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 )
=	11944	/ (	(198	+	448)	/	2 )
=	11944	/	323
=	36.98

Fastighets AB Balder'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 )
=	3129	/ (	(448	+	4957)	/	2 )
=	3129	/	2702.5
=	1.16

Fastighets AB Balder (OSTO:BALD B) 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.

Fastighets AB Balder Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Fastighets AB Balder's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Fastighets AB Balder (OSTO:BALD B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fastighets AB Balder (OSTO:BALD B) » Definitions » Receivables Turnover

Traded in Other Exchanges

BALDF:USA 0H2Z:UK 28F0:Germany

Address

Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15

Website

https://www.balder.se

Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (OSTO:BALD B) Headlines

No Headlines