Lamor Oyj (OHEL:LAMOR) Receivables Turnover : 0.73 (As of Mar. 2025)

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What is Lamor Oyj 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. Lamor Oyj's Revenue for the three months ended in Mar. 2025 was €19.0 Mil. Lamor Oyj's average Accounts Receivable for the three months ended in Mar. 2025 was €26.1 Mil. Hence, Lamor Oyj's Receivables Turnover for the three months ended in Mar. 2025 was 0.73.

Lamor Oyj Receivables Turnover Historical Data

The historical data trend for Lamor Oyj'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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Lamor Oyj Receivables Turnover Chart

Lamor Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.89

6.05

6.91

4.39

4.24

Lamor Oyj Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial														0.92	0.98	1.00	1.09	0.73

Competitive Comparison of Lamor Oyj's Receivables Turnover

For the Specialty Business Services subindustry, Lamor Oyj'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.

Lamor Oyj's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lamor Oyj's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lamor Oyj's Receivables Turnover falls into.

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Lamor Oyj Receivables Turnover Calculation

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

Lamor Oyj's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	114.396	/ (	(26.458	+	27.549)	/	2 )
=	114.396	/	27.0035
=	4.24

Lamor Oyj's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	19.026	/ (	(27.549	+	24.744)	/	2 )
=	19.026	/	26.1465
=	0.73

Lamor Oyj (OHEL:LAMOR) 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.

Lamor Oyj Receivables Turnover Related Terms

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Lamor Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lamor Corp Oyj (OHEL:LAMOR) » Definitions » Receivables Turnover

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Traded in Other Exchanges

GB9:Germany

Address

Rihkamatori 2, Porvoo, FIN, 06100

Website

https://www.lamor.com

Lamor Corp Oyj is a Finland-based company that provides environmental solutions. It provides its customers with equipment used for oil recovery, waste management, and water treatment as well as versatile environmental solutions and services, such as clean-up and preparedness services related to oil spill response and oil spills, services for the treatment of waste, and tailored and adapted water treatment solutions. Its Geographic areas of business are Europe and Asia, the Americas, the Middle East, and Africa, and the majority of the revenue comes from the Europe.

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