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Compodium International AB (OSTO:COMPDM) Receivables Turnover : 1.86 (As of Sep. 2024)


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What is Compodium International 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. Compodium International AB's Revenue for the three months ended in Sep. 2024 was kr7.58 Mil. Compodium International AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr4.07 Mil. Hence, Compodium International AB's Receivables Turnover for the three months ended in Sep. 2024 was 1.86.


Compodium International AB Receivables Turnover Historical Data

The historical data trend for Compodium International 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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Compodium International AB Receivables Turnover Chart

Compodium International AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
2.00 2.54 3.26 3.75 2.51

Compodium International AB Quarterly Data
Dec19 Jun20 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 1.59 1.99 2.73 2.54 1.86

Competitive Comparison of Compodium International AB's Receivables Turnover

For the Software - Application subindustry, Compodium International 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.


Compodium International AB's Receivables Turnover Distribution in the Software Industry

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

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



Compodium International AB Receivables Turnover Calculation

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

Compodium International 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 )
=26.907 / ((17.543 + 3.93) / 2 )
=26.907 / 10.7365
=2.51

Compodium International 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 )
=7.583 / ((5.125 + 3.021) / 2 )
=7.583 / 4.073
=1.86

* 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.


Compodium International AB  (OSTO:COMPDM) 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.


Compodium International AB Receivables Turnover Related Terms

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Compodium International AB Business Description

Traded in Other Exchanges
N/A
Address
Vastra Varvsgatan 31, Lulea, SWE, 972 36
Compodium International AB is a technology company active in secure digital communication. The company's main focus is mainly on the so-called premium segment, where the customer places high demands on information technology security and meeting integrity.

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