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Hexagon Purus ASA (OSTO:HPURO) Receivables Turnover : 0.73 (As of Mar. 2025)


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What is Hexagon Purus ASA 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. Hexagon Purus ASA's Revenue for the three months ended in Mar. 2025 was kr230 Mil. Hexagon Purus ASA's average Accounts Receivable for the three months ended in Mar. 2025 was kr313 Mil. Hence, Hexagon Purus ASA's Receivables Turnover for the three months ended in Mar. 2025 was 0.73.


Hexagon Purus ASA Receivables Turnover Historical Data

The historical data trend for Hexagon Purus ASA'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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Hexagon Purus ASA Receivables Turnover Chart

Hexagon Purus ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 2.35 4.10 4.27 5.23 5.99

Hexagon Purus ASA 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 1.28 1.39 1.25 0.97 0.73

Competitive Comparison of Hexagon Purus ASA's Receivables Turnover

For the Industrial Distribution subindustry, Hexagon Purus ASA'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.


Hexagon Purus ASA's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hexagon Purus ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hexagon Purus ASA's Receivables Turnover falls into.


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Hexagon Purus ASA Receivables Turnover Calculation

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

Hexagon Purus ASA'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 )
=1874.781 / ((274.974 + 351.432) / 2 )
=1874.781 / 313.203
=5.99

Hexagon Purus ASA'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 )
=229.754 / ((351.432 + 275.347) / 2 )
=229.754 / 313.3895
=0.73

* 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.


Hexagon Purus ASA  (OSTO:HPURo) 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.


Hexagon Purus ASA Receivables Turnover Related Terms

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Hexagon Purus ASA Business Description

Traded in Other Exchanges
Address
Haakon VII gate 2, Oslo, NOR, 0161
Hexagon Purus ASA is a provider of Hydrogen Type 4 high-pressure cylinders, complete vehicle systems, and battery packs for fuel cell electric and battery electric vehicles including hybrid mobility applications on light, medium, and heavy-duty vehicles, buses, marine, rail, and aerospace. It has divided its operations into two segments, Hydrogen Mobility and Infrastructure (HMI) and Battery Systems and Vehicle Integration (BVI). The company has a geographic presence in Norway, Europe, North America, and Others. Majority of revenue is from Hydrogen Mobility and Infrastructure (HMI).

Hexagon Purus ASA Headlines

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