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HOEGF (Hoegh Autoliners ASA) Receivables Turnover : 3.51 (As of Mar. 2025)


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What is Hoegh Autoliners 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. Hoegh Autoliners ASA's Revenue for the three months ended in Mar. 2025 was $329 Mil. Hoegh Autoliners ASA's average Accounts Receivable for the three months ended in Mar. 2025 was $94 Mil. Hence, Hoegh Autoliners ASA's Receivables Turnover for the three months ended in Mar. 2025 was 3.51.


Hoegh Autoliners ASA Receivables Turnover Historical Data

The historical data trend for Hoegh Autoliners 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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Hoegh Autoliners ASA Receivables Turnover Chart

Hoegh Autoliners ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 10.40 14.22 16.17 17.36 16.57

Hoegh Autoliners ASA Quarterly Data
Dec19 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 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 3.21 3.02 3.62 4.01 3.51

Competitive Comparison of Hoegh Autoliners ASA's Receivables Turnover

For the Marine Shipping subindustry, Hoegh Autoliners 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.


Hoegh Autoliners ASA's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hoegh Autoliners ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hoegh Autoliners ASA's Receivables Turnover falls into.


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Hoegh Autoliners ASA Receivables Turnover Calculation

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

Hoegh Autoliners 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 )
=1370.828 / ((80.397 + 85.078) / 2 )
=1370.828 / 82.7375
=16.57

Hoegh Autoliners ASA'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 )
=329.252 / ((85.078 + 102.626) / 2 )
=329.252 / 93.852
=3.51

* 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.


Hoegh Autoliners ASA  (OTCPK:HOEGF) 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.


Hoegh Autoliners ASA Receivables Turnover Related Terms

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Hoegh Autoliners ASA Business Description

Traded in Other Exchanges
Address
Drammensveien 134, Oslo, NOR, N-0277
Hoegh Autoliners ASA is a provider of transportation services within the Roll-on Roll-off (RoRo) segment. The company's fleet of Pure Car and Truck Carriers sailing in trade systems combined with its local presence enable the company to cater for the specific needs of its customer. It offers deep sea transportation of RoRo cargo such as cars, high and heavy machinery and breakbulk. The Group has two operating segments, Shipping services and Logistics services.

Hoegh Autoliners ASA Headlines