GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Implementa Sol AB (NGM:IMSOL B) » Definitions » Receivables Turnover

Implementa Sol AB (NGM:IMSOL B) Receivables Turnover : 4.93 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Implementa Sol 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. Implementa Sol AB's Revenue for the three months ended in Mar. 2024 was kr1.50 Mil. Implementa Sol AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr0.31 Mil. Hence, Implementa Sol AB's Receivables Turnover for the three months ended in Mar. 2024 was 4.93.


Implementa Sol AB Receivables Turnover Historical Data

The historical data trend for Implementa Sol 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.

Implementa Sol AB Receivables Turnover Chart

Implementa Sol 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 26.13 26.18 12.21 9.48 18.44

Implementa Sol AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.52 - - 4.18 4.93

Competitive Comparison of Implementa Sol AB's Receivables Turnover

For the Solar subindustry, Implementa Sol 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.


Implementa Sol AB's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Implementa Sol AB's Receivables Turnover distribution charts can be found below:

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


;
;

Implementa Sol AB Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=13.538 / ((1.163 + 0.305) / 2 )
=13.538 / 0.734
=18.44

Implementa Sol AB's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1.504 / ((0.305 + 0) / 1 )
=1.504 / 0.305
=4.93

* 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.


Implementa Sol AB  (NGM:IMSOL 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.


Implementa Sol AB Receivables Turnover Related Terms

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


Implementa Sol AB Business Description

Traded in Other Exchanges
N/A
Address
Traversvagen 1, Staffanstorp, SWE, 245 34
Implementa Sol AB offers solar energy products to private and corporate customers. The company provides products such as solar panels, charge regulators, mounts and batteries for caravans, motorhomes, cabins and boats.

Implementa Sol AB Headlines

No Headlines