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Invisio AB (OSTO:IVSO) Receivables Turnover : 1.41 (As of Mar. 2024)


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What is Invisio 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. Invisio AB's Revenue for the three months ended in Mar. 2024 was kr308 Mil. Invisio AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr218 Mil. Hence, Invisio AB's Receivables Turnover for the three months ended in Mar. 2024 was 1.41.


Invisio AB Receivables Turnover Historical Data

The historical data trend for Invisio 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.

Invisio AB Receivables Turnover Chart

Invisio AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 4.97 5.40 4.97 5.98

Invisio AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.55 1.55 1.64 1.51 1.41

Competitive Comparison of Invisio AB's Receivables Turnover

For the Communication Equipment subindustry, Invisio 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.


Invisio AB's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Invisio AB's Receivables Turnover distribution charts can be found below:

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



Invisio AB Receivables Turnover Calculation

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

Invisio 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 )
=1238.5 / ((194.4 + 219.5) / 2 )
=1238.5 / 206.95
=5.98

Invisio AB's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=308.2 / ((219.5 + 216.8) / 2 )
=308.2 / 218.15
=1.41

* 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.


Invisio AB  (OSTO:IVSO) 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.


Invisio AB Receivables Turnover Related Terms

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Invisio AB (OSTO:IVSO) Business Description

Traded in Other Exchanges
Address
Stamholmen 157, Hvidovre, DNK, DK-2650
Invisio AB develops and sells advanced communications and hearing protection systems for professional users. The product portfolio includes the control units INVISIO V20, INVISIO V50, and INVISIO V60, with one, two or three connection ports. The company offers headsets, control units, intercom systems, accessories and remote push-to-talk units, and cables. Its customers are in defense and security. The company operates in Sweden, Europe, North America, and the Rest of the world.

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