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Lagercrantz Group AB (LTS:0RB7) Receivables Turnover : 1.69 (As of Dec. 2024)


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What is Lagercrantz 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. Lagercrantz Group AB's Revenue for the three months ended in Dec. 2024 was kr2,462 Mil. Lagercrantz Group AB's average Accounts Receivable for the three months ended in Dec. 2024 was kr1,454 Mil. Hence, Lagercrantz Group AB's Receivables Turnover for the three months ended in Dec. 2024 was 1.69.


Lagercrantz Group AB Receivables Turnover Historical Data

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

Lagercrantz Group AB Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.32 6.21 7.23 7.15 6.73

Lagercrantz Group AB Quarterly Data
Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 1.63 1.74 1.67 1.49 1.69

Competitive Comparison of Lagercrantz Group AB's Receivables Turnover

For the Conglomerates subindustry, Lagercrantz 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.


Lagercrantz Group AB's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lagercrantz Group AB's Receivables Turnover distribution charts can be found below:

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


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Lagercrantz Group AB Receivables Turnover Calculation

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

Lagercrantz Group AB's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=8129 / ((1146 + 1271) / 2 )
=8129 / 1208.5
=6.73

Lagercrantz Group AB'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 )
=2462 / ((1488 + 1420) / 2 )
=2462 / 1454
=1.69

* 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.


Lagercrantz Group AB  (LTS:0RB7) 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.


Lagercrantz Group AB Receivables Turnover Related Terms

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Lagercrantz Group AB Business Description

Traded in Other Exchanges
Address
Vasagatan 11, 10th floor, Stockholm, SWE, SE-103 69
Lagercrantz Group AB is a Sweden-based company engaged in the provision of products and solutions in the electronics and communications industry. The business activity of the group is divided into segments namely the Electrify, Control, TecSec, Niche Products, and the International segment. Geographically, it operates in the regions of Sweden, Denmark, Norway, Finland, the UK, Germany, and other regions. The firm derives the majority of revenue through the Electrify segment which Offers products and solutions that meet the need for an increasingly electrified and connected society.

Lagercrantz Group AB Headlines

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