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Done.ai Group AB (FRA:719) Receivables Turnover : 2.96 (As of Dec. 2024)


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What is Done.ai Group 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. Done.ai Group AB's Revenue for the three months ended in Dec. 2024 was €9.35 Mil. Done.ai Group AB's average Accounts Receivable for the three months ended in Dec. 2024 was €3.16 Mil. Hence, Done.ai Group AB's Receivables Turnover for the three months ended in Dec. 2024 was 2.96.


Done.ai Group AB Receivables Turnover Historical Data

The historical data trend for Done.ai Group 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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Done.ai Group AB Receivables Turnover Chart

Done.ai Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 9.91 7.27 5.41 6.05 12.64

Done.ai Group AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24
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 1.60 1.75 1.88 1.69 2.96

Competitive Comparison of Done.ai Group AB's Receivables Turnover

For the Software - Application subindustry, Done.ai Group 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.


Done.ai Group AB's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Done.ai Group AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Done.ai Group AB's Receivables Turnover falls into.


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Done.ai Group AB Receivables Turnover Calculation

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

Done.ai Group AB's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=35.92 / ((5.046 + 0.637) / 2 )
=35.92 / 2.8415
=12.64

Done.ai Group AB's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=9.351 / ((5.681 + 0.637) / 2 )
=9.351 / 3.159
=2.96

* 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.


Done.ai Group AB  (FRA:719) 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.


Done.ai Group AB Receivables Turnover Related Terms

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Done.ai Group AB Business Description

Traded in Other Exchanges
Address
Dobelnsgatan 24, Stockholm, SWE, 11352
24SevenOffice Group AB provides enterprise resource planning through cloud-based services and software as a service (SaaS). The company offers solutions mainly to small and medium-sized enterprises. It provides businesses with customer relationship management, Finance and Accounting software, Payroll, Project management, Time registration, and Reporting and travel expenses.

Done.ai Group AB Headlines

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