GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Firefly AB (OSTO:FIRE) » Definitions » Receivables Turnover

Firefly AB (OSTO:FIRE) Receivables Turnover : 1.21 (As of Dec. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Firefly 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. Firefly AB's Revenue for the three months ended in Dec. 2024 was kr135.3 Mil. Firefly AB's average Accounts Receivable for the three months ended in Dec. 2024 was kr112.0 Mil. Hence, Firefly AB's Receivables Turnover for the three months ended in Dec. 2024 was 1.21.


Firefly AB Receivables Turnover Historical Data

The historical data trend for Firefly 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.

Firefly AB Receivables Turnover Chart

Firefly AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.20 5.87 5.78 5.49 5.06

Firefly AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.28 1.06 0.94 1.01 1.21

Competitive Comparison of Firefly AB's Receivables Turnover

For the Building Products & Equipment subindustry, Firefly 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.


Firefly AB's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Firefly AB's Receivables Turnover distribution charts can be found below:

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


;
;

Firefly AB Receivables Turnover Calculation

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

Firefly AB's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=497.06 / ((99.302 + 97.031) / 2 )
=497.06 / 98.1665
=5.06

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

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=135.263 / ((126.963 + 97.031) / 2 )
=135.263 / 111.997
=1.21

* 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.


Firefly AB  (OSTO:FIRE) 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.


Firefly AB Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Firefly AB's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Firefly AB Business Description

Traded in Other Exchanges
N/A
Address
Heliosgatan 3, Stockholm, SWE, 120 30
Firefly AB is a supplier of spark detection, fire and dust explosion protection systems in Sweden. The company develops, manufactures and sells high-tech systems, which detect and minimise the risk of fires and dust explosions. It has two business areas: Industrial applications and Infra systems. Industrial applications include customized fire prevention systems, which monitor industrial processes in areas such as tissue, food, woodworking, bioenergy, and recycling. The business area of Infra systems includes early fire detection in subway-, train-, road or cable tunnel systems by means of multiple-gas detection.

Firefly AB Headlines

No Headlines