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Idun Industrier AB (OSTO:IDUN B) Receivables Turnover : 1.80 (As of Dec. 2024)


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What is Idun Industrier 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. Idun Industrier AB's Revenue for the three months ended in Dec. 2024 was kr571 Mil. Idun Industrier AB's average Accounts Receivable for the three months ended in Dec. 2024 was kr317 Mil. Hence, Idun Industrier AB's Receivables Turnover for the three months ended in Dec. 2024 was 1.80.


Idun Industrier AB Receivables Turnover Historical Data

The historical data trend for Idun Industrier 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.

Idun Industrier AB Receivables Turnover Chart

Idun Industrier AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 7.15 8.05 6.79 6.80 7.05

Idun Industrier 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 1.76 1.74 1.76 1.54 1.80

Competitive Comparison of Idun Industrier AB's Receivables Turnover

For the Asset Management subindustry, Idun Industrier 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.


Idun Industrier AB's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Idun Industrier AB's Receivables Turnover distribution charts can be found below:

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


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Idun Industrier AB Receivables Turnover Calculation

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

Idun Industrier 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 )
=2199.879 / ((307.987 + 316.269) / 2 )
=2199.879 / 312.128
=7.05

Idun Industrier 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 )
=571.261 / ((318.59 + 316.269) / 2 )
=571.261 / 317.4295
=1.80

* 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.


Idun Industrier AB  (OSTO:IDUN 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.


Idun Industrier AB Receivables Turnover Related Terms

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Idun Industrier AB Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 37, Stockholm, SWE, 111 56
Idun Industrier AB offers investment management services. The company invest in small and medium-sized companies, which are generally very focused in a Europe.

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