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Bulten AB (OSTO:BULTEN) Receivables Turnover : 1.43 (As of Mar. 2024)


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What is Bulten 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. Bulten AB's Revenue for the three months ended in Mar. 2024 was kr1,533 Mil. Bulten AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr1,074 Mil. Hence, Bulten AB's Receivables Turnover for the three months ended in Mar. 2024 was 1.43.


Bulten AB Receivables Turnover Historical Data

The historical data trend for Bulten 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.

Bulten AB Receivables Turnover Chart

Bulten 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 5.43 5.13 5.26 5.21 5.91

Bulten 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 1.31 1.19 1.09 1.40 1.43

Competitive Comparison of Bulten AB's Receivables Turnover

For the Auto Parts subindustry, Bulten 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.


Bulten AB's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bulten AB's Receivables Turnover distribution charts can be found below:

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



Bulten AB Receivables Turnover Calculation

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

Bulten 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 )
=5757 / ((975 + 973) / 2 )
=5757 / 974
=5.91

Bulten 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 )
=1533 / ((973 + 1174) / 2 )
=1533 / 1073.5
=1.43

* 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.


Bulten AB  (OSTO:BULTEN) 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.


Bulten AB Receivables Turnover Related Terms

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Bulten AB (OSTO:BULTEN) Business Description

Traded in Other Exchanges
Address
August Barks gata 6A, Box 9148, Gothenburg, SWE, SE-40093
Bulten AB develops, produces, and markets fasteners in the European automotive industry. Its product range includes customer-specific products to customized fasteners. It also provides technical development, line-feeding, logistics, material, and production services. Its products are screws, nuts, clips, and rivets. Bulten has its manufacturing unit in Germany, Sweden, Poland, the United Kingdom, China, the USA, and other countries and receives its revenue from northern Europe.

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