Cambi ASA (OSL:CAMBI) Receivables Turnover : 1.14 (As of Mar. 2024)

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What is Cambi 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. Cambi ASA's Revenue for the three months ended in Mar. 2024 was kr215.6 Mil. Cambi ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr189.6 Mil. Hence, Cambi ASA's Receivables Turnover for the three months ended in Mar. 2024 was 1.14.

Cambi ASA Receivables Turnover Historical Data

The historical data trend for Cambi 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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Cambi ASA Receivables Turnover Chart

Cambi ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.18

6.73

11.17

Cambi ASA Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.64	-	0.99	1.85	1.14

Competitive Comparison of Cambi ASA's Receivables Turnover

For the Waste Management subindustry, Cambi 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.

Cambi ASA's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cambi ASA's Receivables Turnover distribution charts can be found below:

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

Cambi ASA Receivables Turnover Calculation

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

Cambi ASA'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 )
=	976.6	/ (	(79.4	+	95.4)	/	2 )
=	976.6	/	87.4
=	11.17

Cambi ASA's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	215.6	/ (	(95.4	+	283.8)	/	2 )
=	215.6	/	189.6
=	1.14

Cambi ASA (OSL:CAMBI) 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.

Cambi ASA Receivables Turnover Related Terms

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Cambi ASA (OSL:CAMBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Cambi ASA (OSL:CAMBI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

3W7:Germany

Address

Skysstasjon 11A, Asker, NOR, 1383

Website

https://www.cambi.com

Cambi ASA is a provider of thermal hydrolysis, anaerobic digestion, and biogas solutions for sewage sludge and organic waste management. The services of the company include Engineering Design, Installation, Sample Testing, Commissioning, and Digester Ramp-Up among others. It operates through the business segments: Cambi Group, which is focused on developing and marketing the THP technology; and Cambi Invest, the company's expansion arm tackling acquisitions and investment opportunities.

Cambi ASA (OSL:CAMBI) Headlines

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