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Nordic Financials ASA (OSL:NOFIN) Receivables Turnover : 0.00 (As of Dec. 2024)


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What is Nordic Financials ASA 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. Nordic Financials ASA's Revenue for the three months ended in Dec. 2024 was kr0.00 Mil. Nordic Financials ASA's average Accounts Receivable for the three months ended in Dec. 2024 was kr0.68 Mil.


Nordic Financials ASA Receivables Turnover Historical Data

The historical data trend for Nordic Financials ASA'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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Nordic Financials ASA Receivables Turnover Chart

Nordic Financials ASA 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 1.13 2.02 1.81 - -

Nordic Financials ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 0.47 0.65 1.18 -

Competitive Comparison of Nordic Financials ASA's Receivables Turnover

For the Utilities - Renewable subindustry, Nordic Financials ASA'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.


Nordic Financials ASA's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nordic Financials ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nordic Financials ASA's Receivables Turnover falls into.


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Nordic Financials ASA Receivables Turnover Calculation

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

Nordic Financials ASA'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 )
=0 / ((18.303 + 0) / 1 )
=0 / 18.303
=N/A

Nordic Financials ASA's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=0 / ((0.684 + 0) / 1 )
=0 / 0.684
=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.


Nordic Financials ASA  (OSL:NOFIN) 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.


Nordic Financials ASA Receivables Turnover Related Terms

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Nordic Financials ASA Business Description

Traded in Other Exchanges
Address
Thunes vei 2, Oslo, NOR, 0274
Nordic Financials ASA, formerly Aega ASA is a company, which is focused on the renewable energy sector. It is active as a solar utility company that acquires and operates solar power plants. The firm has its operating offices in Oslo, Norway, and Trento, Italy. It owns a portfolio of several individual solar parks in the Umbria, Lazio, Abruzzo, Emilia-Romagna, and Lombardia regions in Italy.

Nordic Financials ASA Headlines

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