DecideAct AS (OCSE:ACT) Receivables Turnover: (As of Jun. 2024)

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OCSE:ACT DecideAct AS OCSE:ACT
8 GF Score
Price kr0.73
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What is DecideAct AS 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. DecideAct AS's Revenue for the six months ended in Jun. 2024 was kr-1.15 Mil. DecideAct AS's average Accounts Receivable for the six months ended in Jun. 2024 was kr0.00 Mil.

DecideAct AS  (OCSE:ACT) 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.

DecideAct AS Receivables Turnover Related Terms

DecideAct AS Receivables Turnover Historical Data

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The historical data trend for DecideAct AS'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.

DecideAct AS Receivables Turnover Chart

DecideAct AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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DecideAct AS Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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OCSE:ACT vs CRM, INTU, NOW: Receivables Turnover Comparison

For the Software - Application subindustry, DecideAct AS'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.

DecideAct AS Receivables Turnover vs Software Industry

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

* The bar in red indicates where DecideAct AS's Receivables Turnover falls into.


OCSE:ACT
8GF Score
DecideAct AS OCSE:ACT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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DecideAct AS Receivables Turnover Calculation

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

DecideAct AS'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 )
=-10.491264 / (( + ) / 1 )
=-10.491264 / 0
=N/A

DecideAct AS's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=-1.150052 / (( + ) / 1 )
=-1.150052 / 0
=N/A

* 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.

DecideAct AS Business Description

Address Ostre Kajgade 3, Nexo, DNK, 3730
DecideAct AS is a provider of SaaS software and solutions that moves manual execution and follow-up of strategies to a cloud-based idea Execution Management platform. Its software tool is relevant to all companies and organizations, public or private, in all industries, geographies, and functional roles. Its solutions offer Enterprise solution, Public Sector, ESG, andPrivate Equity Firms & Portfolio Companies, and Ohers.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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