Hemfosa Fastigheter AB (OSTO:HEMF PREF.PFD) Receivables Turnover : 2.75 (As of Sep. 2019)

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What is Hemfosa Fastigheter 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. Hemfosa Fastigheter AB's Revenue for the three months ended in Sep. 2019 was kr735.00 Mil. Hemfosa Fastigheter AB's average Accounts Receivable for the three months ended in Sep. 2019 was kr267.50 Mil. Hence, Hemfosa Fastigheter AB's Receivables Turnover for the three months ended in Sep. 2019 was 2.75.

Hemfosa Fastigheter AB Receivables Turnover Historical Data

The historical data trend for Hemfosa Fastigheter 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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Hemfosa Fastigheter AB Receivables Turnover Chart

Hemfosa Fastigheter AB Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Receivables Turnover

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29.85

51.43

80.06

77.89

55.49

Hemfosa Fastigheter AB Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Receivables Turnover	Get a 7-Day Free Trial															2.22	5.10	4.05	2.77	2.75

Competitive Comparison of Hemfosa Fastigheter AB's Receivables Turnover

For the Real Estate - Diversified subindustry, Hemfosa Fastigheter 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.

Hemfosa Fastigheter AB's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hemfosa Fastigheter AB's Receivables Turnover distribution charts can be found below:

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

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Hemfosa Fastigheter AB Receivables Turnover Calculation

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

Hemfosa Fastigheter AB's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Receivables Turnover (A: Dec. 2018 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Dec. 2018 )	/ (	(Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )
=	2525	/ (	(22	+	69)	/	2 )
=	2525	/	45.5
=	55.49

Hemfosa Fastigheter AB's Receivables Turnover for the quarter that ended in Sep. 2019 is calculated as

	Receivables Turnover (Q: Sep. 2019 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Sep. 2019 )	/ (	(Accounts Receivable (Q: Jun. 2019 )	+	Accounts Receivable (Q: Sep. 2019 ))	/	count )
=	735	/ (	(238	+	297)	/	2 )
=	735	/	267.5
=	2.75

Hemfosa Fastigheter AB (OSTO:HEMF PREF.PFD) 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.

Hemfosa Fastigheter AB Receivables Turnover Related Terms

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Hemfosa Fastigheter AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hemfosa Fastigheter AB (OSTO:HEMF PREF.PFD) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

Olof Palmes gata 13 A, Stockholm, SWE, 131 02

Website

http://hemfosa.se

Hemfosa Fastigheter AB is a Sweden-based property company. The company owns, acquires, develops, manages, and sells properties. Hemfosa has divided its operations into three segments. The segment division is based primarily on the different markets of Sweden, Norway, and Finland of which Sweden contributed approximately 86 percent of rental income during the year. The company's operations focus on properties of the community service properties type.

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