GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HAKI Safety AB (OSTO:HAKI A) » Definitions » Receivables Turnover

HAKIfety AB (OSTO:HAKI A) Receivables Turnover : 1.36 (As of Mar. 2025)


View and export this data going back to 1989. Start your Free Trial

What is HAKIfety 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. HAKIfety AB's Revenue for the three months ended in Mar. 2025 was kr263 Mil. HAKIfety AB's average Accounts Receivable for the three months ended in Mar. 2025 was kr194 Mil. Hence, HAKIfety AB's Receivables Turnover for the three months ended in Mar. 2025 was 1.36.


HAKIfety AB Receivables Turnover Historical Data

The historical data trend for HAKIfety 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.

HAKIfety AB Receivables Turnover Chart

HAKIfety 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 4.24 6.37 8.23 9.25 7.22

HAKIfety AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.64 1.54 1.56 1.75 1.36

Competitive Comparison of HAKIfety AB's Receivables Turnover

For the Metal Fabrication subindustry, HAKIfety 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.


HAKIfety AB's Receivables Turnover Distribution in the Industrial Products Industry

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

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


;
;

HAKIfety AB Receivables Turnover Calculation

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

HAKIfety 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 )
=1050 / ((118 + 173) / 2 )
=1050 / 145.5
=7.22

HAKIfety AB's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=263 / ((173 + 215) / 2 )
=263 / 194
=1.36

* 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.


HAKIfety AB  (OSTO:HAKI A) 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.


HAKIfety AB Receivables Turnover Related Terms

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


HAKIfety AB Business Description

Traded in Other Exchanges
Address
Norra Vallgatan 70, Malmo, SWE, 211 22
HAKI Safety AB is an international industrial group, focusing on safety products and solutions that create safe working conditions at temporary workplaces. The company's business is divided into two segments, Safe Access Solutions and Industrial Services. Safe Access Solutions offers total solutions for safe working conditions in complex and demanding environments. The business area includes brands such as HAKI, EKRO, and Norgeodesi. Industrial Services develops, manufactures, markets and sells goods and services for professional use in a variety of industries. The company generates the majority of its revenue from the Safe Access Solutions. Geographically the company generates revenue from Sweden, Denmark, Norway, UK, France, Austria, North America, and Others.

HAKIfety AB Headlines

No Headlines