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Kentima Holding AB (OSTO:KENH) Receivables Turnover : 1.98 (As of Sep. 2024)


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What is Kentima Holding 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. Kentima Holding AB's Revenue for the three months ended in Sep. 2024 was kr11.32 Mil. Kentima Holding AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr5.73 Mil. Hence, Kentima Holding AB's Receivables Turnover for the three months ended in Sep. 2024 was 1.98.


Kentima Holding AB Receivables Turnover Historical Data

The historical data trend for Kentima Holding 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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Kentima Holding AB Receivables Turnover Chart

Kentima Holding AB Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 5.54 7.07 12.05 15.44

Kentima Holding AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.49 3.66 2.84 2.49 1.98

Competitive Comparison of Kentima Holding AB's Receivables Turnover

For the Software - Application subindustry, Kentima Holding 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.


Kentima Holding AB's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Kentima Holding AB's Receivables Turnover distribution charts can be found below:

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



Kentima Holding AB Receivables Turnover Calculation

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

Kentima Holding AB's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Jun. 2020 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=63.37 / ((2.508 + 5.703) / 2 )
=63.37 / 4.1055
=15.44

Kentima Holding AB's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=11.324 / ((6.291 + 5.174) / 2 )
=11.324 / 5.7325
=1.98

* 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.


Kentima Holding AB  (OSTO:KENH) 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.


Kentima Holding AB Receivables Turnover Related Terms

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Kentima Holding AB Business Description

Traded in Other Exchanges
Address
Kastanjevagen 2, Staffanstorp, SWE, 245 44
Kentima Holding AB is a Sweden based company involved in the development of products in the security and automation sector. Its products include video management software, HMI/SCADA software, industrial computers, and operator panels among others.

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