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NoHo Partners Oyj (OHEL:NOHO) Receivables Turnover : 4.40 (As of Mar. 2025)


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What is NoHo Partners 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. NoHo Partners Oyj's Revenue for the three months ended in Mar. 2025 was €99.3 Mil. NoHo Partners Oyj's average Accounts Receivable for the three months ended in Mar. 2025 was €22.6 Mil. Hence, NoHo Partners Oyj's Receivables Turnover for the three months ended in Mar. 2025 was 4.40.


NoHo Partners Oyj Receivables Turnover Historical Data

The historical data trend for NoHo Partners 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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NoHo Partners Oyj Receivables Turnover Chart

NoHo Partners Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.59 26.74 30.52 26.32 27.03

NoHo Partners Oyj Quarterly Data
Jun20 Sep20 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 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 3.44 2.90 3.15 4.95 4.40

Competitive Comparison of NoHo Partners Oyj's Receivables Turnover

For the Restaurants subindustry, NoHo Partners 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.


NoHo Partners Oyj's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, NoHo Partners Oyj's Receivables Turnover distribution charts can be found below:

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


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NoHo Partners Oyj Receivables Turnover Calculation

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

NoHo Partners 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 )
=427.1 / ((15.6 + 16) / 2 )
=427.1 / 15.8
=27.03

NoHo Partners 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 )
=99.3 / ((16 + 29.1) / 2 )
=99.3 / 22.55
=4.40

* 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.


NoHo Partners Oyj  (OHEL:NOHO) 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.


NoHo Partners Oyj Receivables Turnover Related Terms

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NoHo Partners Oyj Business Description

Traded in Other Exchanges
Address
Hatanpaan valtatie 1 B, Tampere, FIN, FI-33100
NoHo Partners Oyj is a restaurant operator. It operates restaurants, entertainment venues, and fast-food restaurants throughout Finland, Denmark, Norway, and Switzerland. The company's restaurant concepts include Elite, Savoy, Teatteri, Stefan's Steakhouse, Palace, and Loyly, among others. It has approximately 300 restaurants and entertainment venues in Finland, Norway, Denmark, and Switzerland. It has two segments: Finnish operations, which generate key revenue, and International business.