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Integrated Wind Solutions ASA (FRA:9UG1) Receivables Turnover : 1.22 (As of Dec. 2024)


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What is Integrated Wind Solutions ASA 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. Integrated Wind Solutions ASA's Revenue for the three months ended in Dec. 2024 was €21.29 Mil. Integrated Wind Solutions ASA's average Accounts Receivable for the three months ended in Dec. 2024 was €17.41 Mil. Hence, Integrated Wind Solutions ASA's Receivables Turnover for the three months ended in Dec. 2024 was 1.22.


Integrated Wind Solutions ASA Receivables Turnover Historical Data

The historical data trend for Integrated Wind Solutions ASA'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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Integrated Wind Solutions ASA Receivables Turnover Chart

Integrated Wind Solutions ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
- 1.30 3.79 3.58 4.71

Integrated Wind Solutions ASA Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.28 0.77 1.38 1.30 1.22

Competitive Comparison of Integrated Wind Solutions ASA's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Integrated Wind Solutions ASA'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.


Integrated Wind Solutions ASA's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Integrated Wind Solutions ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Integrated Wind Solutions ASA's Receivables Turnover falls into.


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Integrated Wind Solutions ASA Receivables Turnover Calculation

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

Integrated Wind Solutions ASA'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 )
=55.722 / ((5.127 + 18.528) / 2 )
=55.722 / 11.8275
=4.71

Integrated Wind Solutions ASA'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 )
=21.288 / ((16.297 + 18.528) / 2 )
=21.288 / 17.4125
=1.22

* 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.


Integrated Wind Solutions ASA  (FRA:9UG1) 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.


Integrated Wind Solutions ASA Receivables Turnover Related Terms

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Integrated Wind Solutions ASA Business Description

Traded in Other Exchanges
Address
Stoperigata 2, Aker Brygge, Oslo, NOR, 0250
Integrated Wind Solutions ASA is an integrated provider of offshore wind services by integrating construction and service operation vessels (CSOVs) with engineering products and manpower services in a wind farm's installation, commissioning, and operations phase.

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