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Crunchfish AB (OSTO:CFISH) Receivables Turnover : 0.52 (As of Sep. 2024)


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What is Crunchfish 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. Crunchfish AB's Revenue for the three months ended in Sep. 2024 was kr0.27 Mil. Crunchfish AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr0.52 Mil. Hence, Crunchfish AB's Receivables Turnover for the three months ended in Sep. 2024 was 0.52.


Crunchfish AB Receivables Turnover Historical Data

The historical data trend for Crunchfish 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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Crunchfish AB Receivables Turnover Chart

Crunchfish 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 10.48 3.98 2.07 5.34 1.24

Crunchfish AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.18 0.41 1.84 0.40 0.52

Competitive Comparison of Crunchfish AB's Receivables Turnover

For the Software - Application subindustry, Crunchfish 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.


Crunchfish AB's Receivables Turnover Distribution in the Software Industry

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

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



Crunchfish AB Receivables Turnover Calculation

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

Crunchfish 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 )
=0.988 / ((1.548 + 0.049) / 2 )
=0.988 / 0.7985
=1.24

Crunchfish AB's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.274 / ((0.389 + 0.66) / 2 )
=0.274 / 0.5245
=0.52

* 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.


Crunchfish AB  (OSTO:CFISH) 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.


Crunchfish AB Receivables Turnover Related Terms

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Crunchfish AB Business Description

Traded in Other Exchanges
Address
Stora Varvsgatan 6A, Malmo, SWE, 211 19
Crunchfish AB is a technical pioneer in digital payment with a patent-pending Digital Cash solution that uses a two-step payment process, first clearing offline followed by online settlement. This makes digital payment robust and independent of the network. Crunchfish digital cash wallet is exceptionally flexible and can be used with all types of payment solutions. It delivers the properties of cash, such as immediate clearing, offline payments and preservation of the payer's integrity, without requiring any changes to the central or commercial banking infrastructures. The company has also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and has a patent-pending solution to reduce food waste.

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