Spotlio AS (OSL:SPOT) Receivables Turnover : 4.09 (As of Oct. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Spotlio AS 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. Spotlio AS's Revenue for the six months ended in Oct. 2024 was kr30.88 Mil. Spotlio AS's average Accounts Receivable for the six months ended in Oct. 2024 was kr7.56 Mil. Hence, Spotlio AS's Receivables Turnover for the six months ended in Oct. 2024 was 4.09.

Spotlio AS Receivables Turnover Historical Data

The historical data trend for Spotlio AS'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.

Spotlio AS Receivables Turnover Chart

Spotlio AS Annual Data

Trend

Jun18

Jun19

Apr21

Apr22

Apr23

Apr24

Receivables Turnover

Get a 7-Day Free Trial

8.14

11.96

14.28

11.52

Spotlio AS Semi-Annual Data
	Jun18	Jun19	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Receivables Turnover	Get a 7-Day Free Trial						3.51	5.72	2.08	4.57	4.09

Competitive Comparison of Spotlio AS's Receivables Turnover

For the Software - Application subindustry, Spotlio AS'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.

Spotlio AS's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Spotlio AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Spotlio AS's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Spotlio AS Receivables Turnover Calculation

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

Spotlio AS's Receivables Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Receivables Turnover (A: Apr. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2024 )	/ (	(Accounts Receivable (A: Apr. 2023 )	+	Accounts Receivable (A: Apr. 2024 ))	/	count )
=	79.721	/ (	(7.542	+	6.293)	/	2 )
=	79.721	/	6.9175
=	11.52

Spotlio AS's Receivables Turnover for the quarter that ended in Oct. 2024 is calculated as

	Receivables Turnover (Q: Oct. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Oct. 2024 )	/ (	(Accounts Receivable (Q: Apr. 2024 )	+	Accounts Receivable (Q: Oct. 2024 ))	/	count )
=	30.884	/ (	(6.293	+	8.821)	/	2 )
=	30.884	/	7.557
=	4.09

Spotlio AS (OSL:SPOT) 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.

Spotlio AS Receivables Turnover Related Terms

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

Spotlio AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spotlio AS (OSL:SPOT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

6UK:Germany

Address

Sorkedalsveien 6, Oslo, NOR, 0369

Website

https://www.skitude.com

Spotlio AS along with its subsidiaries develops and sells distinctive technology, software, and apps to digitize the skier experience and make the purchase of lift tickets a fully digital user experience. It generates revenue from commissions; subscriptions and other services.