GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fagerhult Group AB (LTS:0RQH) » Definitions » Receivables Turnover

Fagerhult Group AB (LTS:0RQH) Receivables Turnover : 1.22 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Fagerhult 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. Fagerhult Group AB's Revenue for the three months ended in Sep. 2024 was kr1,919 Mil. Fagerhult Group AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr1,572 Mil. Hence, Fagerhult Group AB's Receivables Turnover for the three months ended in Sep. 2024 was 1.22.


Fagerhult Group AB Receivables Turnover Historical Data

The historical data trend for Fagerhult 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.

* Premium members only.

Fagerhult Group AB Receivables Turnover Chart

Fagerhult Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.67 5.35 6.11 5.91 5.54

Fagerhult Group AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.29 1.38 1.35 1.28 1.22

Competitive Comparison of Fagerhult Group AB's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Fagerhult 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.


Fagerhult Group AB's Receivables Turnover Distribution in the Industrial Products Industry

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

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



Fagerhult Group AB Receivables Turnover Calculation

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

Fagerhult Group AB's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=8560.4 / ((1603.5 + 1488.2) / 2 )
=8560.4 / 1545.85
=5.54

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

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=1918.9 / ((1659 + 1485.6) / 2 )
=1918.9 / 1572.3
=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.


Fagerhult Group AB  (LTS:0RQH) 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.


Fagerhult Group AB Receivables Turnover Related Terms

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


Fagerhult Group AB Business Description

Traded in Other Exchanges
Address
Avagen 1, Habo, SWE, SE-566 80
Fagerhult Group AB is a Swedish-based company that develops, manufactures, and markets professional lighting solutions. The company segments its brands in four business areas with similar focuses on customers and geographical coverage: Collection, Premium, Professional, and Infrastructure. The company's main market includes Europe, but also present in North America, Africa, Asia, and Australia. The brands of the company consist of atelje Lyktan, iGuzzini, LED Linear, WE-EF, Fagerhult, LTS, Arlight, Eagle Lighting, Whitecroft, Designplan, I-Valo and Veko.

Fagerhult Group AB Headlines

No Headlines