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Kakel Max AB (OSTO:KAKEL) Receivables Turnover : 2.25 (As of Jun. 2024)


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What is Kakel Max 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. Kakel Max AB's Revenue for the three months ended in Jun. 2024 was kr40.3 Mil. Kakel Max AB's average Accounts Receivable for the three months ended in Jun. 2024 was kr17.9 Mil. Hence, Kakel Max AB's Receivables Turnover for the three months ended in Jun. 2024 was 2.25.


Kakel Max AB Receivables Turnover Historical Data

The historical data trend for Kakel Max 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.

Kakel Max AB Receivables Turnover Chart

Kakel Max 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 8.51 8.83 10.86 11.15 10.03

Kakel Max AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.06 1.66 2.24 2.19 2.25

Competitive Comparison of Kakel Max AB's Receivables Turnover

For the Building Materials subindustry, Kakel Max 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.


Kakel Max AB's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kakel Max AB's Receivables Turnover distribution charts can be found below:

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



Kakel Max AB Receivables Turnover Calculation

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

Kakel Max 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 )
=155.294 / ((16.811 + 14.146) / 2 )
=155.294 / 15.4785
=10.03

Kakel Max AB's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=40.276 / ((17.877 + 17.876) / 2 )
=40.276 / 17.8765
=2.25

* 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.


Kakel Max AB  (OSTO:KAKEL) 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.


Kakel Max AB Receivables Turnover Related Terms

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Kakel Max AB Business Description

Traded in Other Exchanges
N/A
Address
Dalvägen 4, Östervåla, SWE, 740 46
Kakel Max AB provides service for professional customers in the market of tile and natural stone and bathroom furniture and accessories. The company's products and services are sold to the customer base through several channels: via its own store network, via the main warehouse and via retailer.

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