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Arise AB (OSTO:ARISE) Receivables Turnover : 8.00 (As of Mar. 2024)


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What is Arise AB 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. Arise AB's Revenue for the three months ended in Mar. 2024 was kr112.0 Mil. Arise AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr14.0 Mil. Hence, Arise AB's Receivables Turnover for the three months ended in Mar. 2024 was 8.00.


Arise AB Receivables Turnover Historical Data

The historical data trend for Arise AB'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.

Arise AB Receivables Turnover Chart

Arise AB 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 75.67 52.00 136.40 232.80 47.90

Arise AB Quarterly Data
Jun19 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 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 15.29 - - 13.57 8.00

Competitive Comparison of Arise AB's Receivables Turnover

For the Utilities - Renewable subindustry, Arise AB'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.


Arise AB's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Arise AB's Receivables Turnover falls into.



Arise AB Receivables Turnover Calculation

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

Arise AB'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 )
=503 / ((7 + 14) / 2 )
=503 / 10.5
=47.90

Arise AB'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 )
=112 / ((14 + 0) / 1 )
=112 / 14
=8.00

* 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.


Arise AB  (OSTO:ARISE) 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.


Arise AB Receivables Turnover Related Terms

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Arise AB (OSTO:ARISE) Business Description

Traded in Other Exchanges
Address
Kristian IV: s vag 3, Box 808, Halmstad, SWE, 302 50
Arise AB is an onshore wind power company. The company operates its business in two segments: Own Wind Power Operations and Development & Management. The Own wind power operations comprise 10 wind farms totaling 139 MW in southern Sweden and is engaged in the production and sale of electricity and electricity certificates. The Development and Management segment includes project development, construction, and sales of projects for renewable electricity production and management.

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