GURUFOCUS.COM » STOCK LIST » Technology » Software » Fram Skandinavien AB (OSTO:FRAM B) » Definitions » Receivables Turnover

Fram Skandinavien AB (OSTO:FRAM B) Receivables Turnover : 0.28 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Fram Skandinavien 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. Fram Skandinavien AB's Revenue for the three months ended in Sep. 2024 was kr1.28 Mil. Fram Skandinavien AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr4.64 Mil. Hence, Fram Skandinavien AB's Receivables Turnover for the three months ended in Sep. 2024 was 0.28.


Fram Skandinavien AB Receivables Turnover Historical Data

The historical data trend for Fram Skandinavien 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.

Fram Skandinavien AB Receivables Turnover Chart

Fram Skandinavien AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 18.57 18.81 6.89 8.66 4.24

Fram Skandinavien 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 0.24 0.48 0.23 0.29 0.28

Competitive Comparison of Fram Skandinavien AB's Receivables Turnover

For the Information Technology Services subindustry, Fram Skandinavien 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.


Fram Skandinavien AB's Receivables Turnover Distribution in the Software Industry

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

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



Fram Skandinavien AB Receivables Turnover Calculation

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

Fram Skandinavien 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 )
=34.299 / ((8.294 + 7.887) / 2 )
=34.299 / 8.0905
=4.24

Fram Skandinavien 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 )
=1.277 / ((4.933 + 4.342) / 2 )
=1.277 / 4.6375
=0.28

* 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.


Fram Skandinavien AB  (OSTO:FRAM 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.


Fram Skandinavien AB Receivables Turnover Related Terms

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


Fram Skandinavien AB Business Description

Traded in Other Exchanges
N/A
Address
c/o Freja Ekonomi HB, Sollentuna vagen 80, Stockholm, SWE, 191 40
Fram Skandinavien AB is an investment company. The group focuses on the digital consumer, blockchain and invests in high-growth tech companies and other digital assets in Southeast Asia. Geographically the company generates the majority of its revenue from Vietnam. The company's portfolio companies includes Carmudi, EveHR, Dragonlend, Liven, SEA, Grab, Abaxx Technology, and Bukalapak. The majority of revenue is from Carmudi.

Fram Skandinavien AB Headlines

No Headlines