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Curira AB (NGM:CURIRA B) Receivables Turnover : 12.78 (As of Mar. 2022)


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What is Curira 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. Curira AB's Revenue for the three months ended in Mar. 2022 was kr196.6 Mil. Curira AB's average Accounts Receivable for the three months ended in Mar. 2022 was kr15.4 Mil. Hence, Curira AB's Receivables Turnover for the three months ended in Mar. 2022 was 12.78.


Curira AB Receivables Turnover Historical Data

The historical data trend for Curira 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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Curira AB Receivables Turnover Chart

Curira AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
3.20 6.24 4.32 0.29 -

Curira AB Quarterly Data
Sep16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22
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 - 32.96 0.39 - 12.78

Competitive Comparison of Curira AB's Receivables Turnover

For the Software - Infrastructure subindustry, Curira 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.


Curira AB's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Curira AB's Receivables Turnover distribution charts can be found below:

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



Curira AB Receivables Turnover Calculation

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

Curira AB's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=0 / ((0.183 + 0.013) / 2 )
=0 / 0.098
=N/A

Curira AB's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

Receivables Turnover (Q: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Mar. 2022 )) / count )
=196.605 / ((0.013 + 30.746) / 2 )
=196.605 / 15.3795
=12.78

* 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.


Curira AB  (NGM:CURIRA B) 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.


Curira AB Receivables Turnover Related Terms

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Curira AB (NGM:CURIRA B) Business Description

Traded in Other Exchanges
N/A
Address
Artillerigatan 42, Stockholm, SWE, 114 45
Curira AB formerly CR Ventures develops an algorithm that shows current digital status and digital potential of the company. Its services include Digital Marketing, Digital Transformation, and Digital Benchmarking.

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