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Berner Industrier AB (OSTO:BERNER B) Receivables Turnover : 2.02 (As of Jun. 2024)


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What is Berner Industrier 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. Berner Industrier AB's Revenue for the three months ended in Jun. 2024 was kr256.4 Mil. Berner Industrier AB's average Accounts Receivable for the three months ended in Jun. 2024 was kr127.1 Mil. Hence, Berner Industrier AB's Receivables Turnover for the three months ended in Jun. 2024 was 2.02.


Berner Industrier AB Receivables Turnover Historical Data

The historical data trend for Berner Industrier 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.

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Berner Industrier AB Receivables Turnover Chart

Berner Industrier 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 8.61 8.95 8.52 6.88 6.75

Berner Industrier AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.69 1.57 1.74 1.85 2.02

Competitive Comparison of Berner Industrier AB's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Berner Industrier 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.


Berner Industrier AB's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Berner Industrier AB's Receivables Turnover distribution charts can be found below:

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



Berner Industrier AB Receivables Turnover Calculation

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

Berner Industrier 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 )
=942.756 / ((145.474 + 133.952) / 2 )
=942.756 / 139.713
=6.75

Berner Industrier AB's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=256.359 / ((129.531 + 124.693) / 2 )
=256.359 / 127.112
=2.02

* 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.


Berner Industrier AB  (OSTO:BERNER B) 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.


Berner Industrier AB Receivables Turnover Related Terms

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Berner Industrier AB Business Description

Traded in Other Exchanges
Address
Birger Jarlsgatan 41A, Box 88, Stockholm, SWE, SE-111 45
Berner Industrier AB formerly Christian Berner Tech Trade AB and its subsidiaries markets, sells, and delivers components, systems, and services with high technology content. The offer includes quality products, consulting support, system solutions, installation, service, and processing for industry and public sector customers. The group operates in Sweden, Norway, Finland and Denmark.

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