Luxbright AB (OSTO:LXB) Receivables Turnover : 2.72 (As of Jun. 2024)

Luxbright AB Receivables Turnover Chart

Luxbright AB Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial							0.29	-	-	1.38	2.72

Competitive Comparison of Luxbright AB's Receivables Turnover

For the Medical Devices subindustry, Luxbright 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.

Luxbright AB's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Luxbright AB's Receivables Turnover distribution charts can be found below:

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

Luxbright AB Receivables Turnover Calculation

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

Luxbright AB's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

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

* 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.

Luxbright AB  (OSTO:LXB) 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.

Luxbright AB Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Luxbright AB's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Luxbright AB Business Description