InfraCom Group AB (FRA:8HG) Receivables Turnover : 2.05 (As of Jun. 2024)

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What is InfraCom 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. InfraCom Group AB's Revenue for the three months ended in Jun. 2024 was €17.95 Mil. InfraCom Group AB's average Accounts Receivable for the three months ended in Jun. 2024 was €8.76 Mil. Hence, InfraCom Group AB's Receivables Turnover for the three months ended in Jun. 2024 was 2.05.

InfraCom Group AB Receivables Turnover Historical Data

The historical data trend for InfraCom 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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InfraCom Group AB Receivables Turnover Chart

InfraCom Group AB Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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9.96

9.57

11.11

10.91

InfraCom Group AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															3.36	2.19	2.21	1.91	2.05

Competitive Comparison of InfraCom Group AB's Receivables Turnover

For the Software - Infrastructure subindustry, InfraCom 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.

InfraCom Group AB's Receivables Turnover Distribution in the Software Industry

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

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

InfraCom Group AB Receivables Turnover Calculation

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

InfraCom Group AB's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	32.059	/ (	(2.35	+	3.526)	/	2 )
=	32.059	/	2.938
=	10.91

InfraCom Group AB's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	17.954	/ (	(8.373	+	9.154)	/	2 )
=	17.954	/	8.7635
=	2.05

InfraCom Group AB (FRA:8HG) 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.

InfraCom Group AB Receivables Turnover Related Terms

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InfraCom Group AB Business Description

Industry

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INFRA:Sweden

Address

Gamlestadsvagen 1, Gothenburg, SWE, 415 02

Website

http://www.infracom.se

InfraCom Group AB owns, operates and develops cloud-based IT (information technology) services. Its business activities are divided into four divisions including cloud-based telephony, cloud-based IT operations, hosting and data communications and internet access. The Cloud-based Telephony business area offers a broad spectrum of Cloud-based telephony services through the proprietary Weblink Unified 2.0 platform. Cloud-based IT operations connect IT infrastructure as a service and offer customers login and control through a web portal. Hosting offers InfraCom infrastructure for server and data management. Data communication and Internet access offer connections to the Internet between geographical locations and premises.

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