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ES Energyve Holding AB (OSTO:ESGR B) Receivables Turnover : 2.59 (As of Jan. 2024)


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What is ES Energyve Holding 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. ES Energyve Holding AB's Revenue for the three months ended in Jan. 2024 was kr50.3 Mil. ES Energyve Holding AB's average Accounts Receivable for the three months ended in Jan. 2024 was kr19.4 Mil. Hence, ES Energyve Holding AB's Receivables Turnover for the three months ended in Jan. 2024 was 2.59.


ES Energyve Holding AB Receivables Turnover Historical Data

The historical data trend for ES Energyve Holding 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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ES Energyve Holding AB Receivables Turnover Chart

ES Energyve Holding AB Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
26.82 19.94 18.45 9.17 13.39

ES Energyve Holding AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.71 1.46 1.11 1.48 2.59

Competitive Comparison of ES Energyve Holding AB's Receivables Turnover

For the Specialty Industrial Machinery subindustry, ES Energyve Holding 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.


ES Energyve Holding AB's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where ES Energyve Holding AB's Receivables Turnover falls into.



ES Energyve Holding AB Receivables Turnover Calculation

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

ES Energyve Holding AB's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=297.57 / ((20.024 + 24.416) / 2 )
=297.57 / 22.22
=13.39

ES Energyve Holding AB's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=50.325 / ((19.97 + 18.822) / 2 )
=50.325 / 19.396
=2.59

* 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.


ES Energyve Holding AB  (OSTO:ESGR 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.


ES Energyve Holding AB Receivables Turnover Related Terms

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ES Energyve Holding AB (OSTO:ESGR B) Business Description

Traded in Other Exchanges
N/A
Address
Nitgatan 2, Alingsas, SWE, SE-441 38
ES Energy Save Holding AB is engaged in the business of developing energy-saving products. The product portfolio includes heat pumps and systems. Also, the company provides heat pump accessories and air management services.

ES Energyve Holding AB (OSTO:ESGR B) Headlines

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