Clas Ohlson AB (LTS:0GQE) Receivables Turnover : 39.60 (As of Jan. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Clas Ohlson 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. Clas Ohlson AB's Revenue for the three months ended in Jan. 2024 was kr3,412 Mil. Clas Ohlson AB's average Accounts Receivable for the three months ended in Jan. 2024 was kr86 Mil. Hence, Clas Ohlson AB's Receivables Turnover for the three months ended in Jan. 2024 was 39.60.

Clas Ohlson AB Receivables Turnover Historical Data

The historical data trend for Clas Ohlson 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.

* Premium members only.

Clas Ohlson AB Receivables Turnover Chart

Clas Ohlson AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Receivables Turnover

Get a 7-Day Free Trial

241.33

197.04

153.99

152.36

166.04

Clas Ohlson AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															14.78	34.76	47.37	44.41	39.60

Competitive Comparison of Clas Ohlson AB's Receivables Turnover

For the Specialty Retail subindustry, Clas Ohlson 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.

Clas Ohlson AB's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Receivables Turnover distribution charts can be found below:

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

Clas Ohlson AB Receivables Turnover Calculation

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

Clas Ohlson AB's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Receivables Turnover (A: Apr. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2023 )	/ (	(Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )
=	9024.3	/ (	(57.6	+	51.1)	/	2 )
=	9024.3	/	54.35
=	166.04

Clas Ohlson AB's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	3411.9	/ (	(69.3	+	103)	/	2 )
=	3411.9	/	86.15
=	39.60

Clas Ohlson AB (LTS:0GQE) 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.

Clas Ohlson AB Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Clas Ohlson AB's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Clas Ohlson AB (LTS:0GQE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Clas Ohlson AB (LTS:0GQE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CLAS B:Sweden CLASBs:UK OHCB:Germany

Address

Municipality of Leksand, Insjon, SWE, 793 85

Website

https://www.clasohlson.se

Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

Clas Ohlson AB (LTS:0GQE) Headlines

No Headlines