LC-Tec Holding AB (NGM:LCT) Receivables Turnover : 0.63 (As of Sep. 2024)

LC-Tec Holding AB Receivables Turnover Chart

LC-Tec Holding AB Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover		Get a 7-Day Free Trial					11.07	8.72	8.75	6.15	6.10

LC-Tec Holding 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															1.11	2.30	0.77	1.14	0.63

Competitive Comparison of LC-Tec Holding AB's Receivables Turnover

For the Electrical Equipment & Parts subindustry, LC-Tec Holding 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.

LC-Tec Holding AB's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LC-Tec Holding AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where LC-Tec Holding AB's Receivables Turnover falls into.

LC-Tec Holding AB Receivables Turnover Calculation

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

LC-Tec Holding AB's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

LC-Tec Holding AB's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

* 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.

LC-Tec Holding AB  (NGM:LCT) 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.

LC-Tec Holding AB Receivables Turnover Related Terms

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LC-Tec Holding AB Business Description