Swedencare AB (FRA:7XY) Receivables Turnover : 2.26 (As of Mar. 2025)

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What is Swedencare 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. Swedencare AB's Revenue for the three months ended in Mar. 2025 was €58.9 Mil. Swedencare AB's average Accounts Receivable for the three months ended in Mar. 2025 was €26.0 Mil. Hence, Swedencare AB's Receivables Turnover for the three months ended in Mar. 2025 was 2.26.

Swedencare AB Receivables Turnover Historical Data

The historical data trend for Swedencare 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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Swedencare AB Receivables Turnover Chart

Swedencare AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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7.27

9.64

10.63

10.14

9.62

Swedencare AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															2.35	2.24	2.36	2.41	2.26

Competitive Comparison of Swedencare AB's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Swedencare 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.

Swedencare AB's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Swedencare AB's Receivables Turnover distribution charts can be found below:

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

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Swedencare AB Receivables Turnover Calculation

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

Swedencare 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 )
=	220.811	/ (	(20.427	+	25.472)	/	2 )
=	220.811	/	22.9495
=	9.62

Swedencare AB's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	58.926	/ (	(25.472	+	26.592)	/	2 )
=	58.926	/	26.032
=	2.26

Swedencare AB (FRA:7XY) 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.

Swedencare AB Receivables Turnover Related Terms

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Swedencare AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Swedencare AB (FRA:7XY) » Definitions » Receivables Turnover

Traded in Other Exchanges

SWDCF:USA SECARE:Sweden 0ABG:UK 7XY:Germany

Address

Per Albin Hanssons Vag 41, Medeon Science Park, Malmo, SWE, 205 12

Website

https://www.swedencare.com

Swedencare AB specializes in pet healthcare. It develops, manufactures partly in its factories, markets, and sells products in the fast-growing market of healthcare products for cats, dogs, and horses. The group has an extensive portfolio of brands and products in various therapy areas, including Animal Pharmaceuticals, Nutravet, NutriScience, Pet MD, Stratford, VetWELL, ProDen PlaqueOff, Rx Vitamins, Riley's, NaturVet, Pet Organics, Overby Farm, Vet Classics, and Innovet's brands. Its products are sold to veterinarians, pet stores, and online through a distribution network comprising various subsidiaries and an international network of retailers. The group's operating segments include North America, which generates maximum revenue, Europe, and Production.

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