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Elos Medtech AB (CHIX:ELOSBS) Receivables Turnover : 0.00 (As of Sep. 2023)


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What is Elos Medtech 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. Elos Medtech AB's Revenue for the three months ended in Sep. 2023 was kr251.2 Mil. Elos Medtech AB's average Accounts Receivable for the three months ended in Sep. 2023 was kr0.0 Mil.


Elos Medtech AB Receivables Turnover Historical Data

The historical data trend for Elos Medtech 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.

Elos Medtech AB Receivables Turnover Chart

Elos Medtech AB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.33 8.34 9.63 8.41 8.59

Elos Medtech AB Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of Elos Medtech AB's Receivables Turnover

For the Medical Instruments & Supplies subindustry, Elos Medtech 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.


Elos Medtech AB's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elos Medtech AB's Receivables Turnover distribution charts can be found below:

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



Elos Medtech AB Receivables Turnover Calculation

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

Elos Medtech AB's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=723.581 / ((71.909 + 96.578) / 2 )
=723.581 / 84.2435
=8.59

Elos Medtech AB's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=251.2 / ((0 + 0) / 1 )
=251.2 / 0
=N/A

* 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.


Elos Medtech AB  (CHIX:ELOSBs) 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.


Elos Medtech AB Receivables Turnover Related Terms

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Elos Medtech AB (CHIX:ELOSBS) Business Description

Traded in Other Exchanges
N/A
Address
Torsgatan 5B, Gothenburg, SWE, 411 04
Elos Medtech AB operates in the medical technology business. It develops and produces medical technology products and components. The company operates through three business segments including Dental, Orthopedics, and Life science. Some of its products include Implants, Screws, Plates, Prosthetics, and Drills.

Elos Medtech AB (CHIX:ELOSBS) Headlines

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