GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KMC Properties ASA (OSL:KMCP) » Definitions » Receivables Turnover

KMC Properties ASA (OSL:KMCP) Receivables Turnover : 40.32 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is KMC Properties 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. KMC Properties ASA's Revenue for the three months ended in Mar. 2024 was kr114.9 Mil. KMC Properties ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr2.9 Mil. Hence, KMC Properties ASA's Receivables Turnover for the three months ended in Mar. 2024 was 40.32.


KMC Properties ASA Receivables Turnover Historical Data

The historical data trend for KMC Properties 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.

* Premium members only.

KMC Properties ASA Receivables Turnover Chart

KMC Properties ASA 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 - 1.42 6.79 17.59 69.98

KMC Properties ASA Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.38 23.11 26.91 28.81 40.32

Competitive Comparison of KMC Properties ASA's Receivables Turnover

For the Real Estate Services subindustry, KMC Properties 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.


KMC Properties ASA's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KMC Properties ASA's Receivables Turnover distribution charts can be found below:

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



KMC Properties ASA Receivables Turnover Calculation

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

KMC Properties 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 )
=409.4 / ((7 + 4.7) / 2 )
=409.4 / 5.85
=69.98

KMC Properties 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 )
=114.9 / ((4.7 + 1) / 2 )
=114.9 / 2.85
=40.32

* 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.


KMC Properties ASA  (OSL:KMCP) 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.


KMC Properties ASA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of KMC Properties ASA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


KMC Properties ASA (OSL:KMCP) Business Description

Traded in Other Exchanges
N/A
Address
Dyre Halses gate 1a, Trondheim, NOR, 7042
KMC Properties ASA is a real estate company whose business strategy is to invest in high-yield industrial and logistical properties, primarily in the light industry and warehouse segment. The company has a diversified portfolio of properties in the Nordics and the Netherlands. The company's portfolio consisted of 61 industrial and logistics properties in the Nordics and the Netherlands. The company's four largest tenants are BEWI ASA, Insula AS, Grontvedt Group, and Scana ASA.

KMC Properties ASA (OSL:KMCP) Headlines

No Headlines