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Hampidjan HF (OISE:HAMP) Receivables Turnover : 1.49 (As of Jun. 2024)


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What is Hampidjan HF 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. Hampidjan HF's Revenue for the three months ended in Jun. 2024 was kr12,741 Mil. Hampidjan HF's average Accounts Receivable for the three months ended in Jun. 2024 was kr8,552 Mil. Hence, Hampidjan HF's Receivables Turnover for the three months ended in Jun. 2024 was 1.49.


Hampidjan HF Receivables Turnover Historical Data

The historical data trend for Hampidjan HF'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.

Hampidjan HF Receivables Turnover Chart

Hampidjan HF 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 6.29 7.40 6.47 5.85 6.99

Hampidjan HF Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.60 1.32 1.24 1.38 1.49

Competitive Comparison of Hampidjan HF's Receivables Turnover

For the Textile Manufacturing subindustry, Hampidjan HF'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.


Hampidjan HF's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hampidjan HF's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hampidjan HF's Receivables Turnover falls into.



Hampidjan HF Receivables Turnover Calculation

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

Hampidjan HF's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=47865.591 / ((4896.281 + 8803.284) / 2 )
=47865.591 / 6849.7825
=6.99

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

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=12741.155 / ((8031.81 + 9073.124) / 2 )
=12741.155 / 8552.467
=1.49

* 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.


Hampidjan HF  (OISE:HAMP) 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.


Hampidjan HF Receivables Turnover Related Terms

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Hampidjan HF Business Description

Traded in Other Exchanges
N/A
Address
Skarfagaroar 4, Reykjavik, ISL
Hampidjan HF is engaged in the manufacturing of pelagic trawls for species such as redfish, blue whiting, herring & bottom trawls for species such as shrimp, langoustine, among others. It also manufactures ropes used in marine and offshore industry. Its products used for fishing, military, lifting, mooring, tugging.

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