GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Midsona AB (OSTO:MSON BTA B) » Definitions » Receivables Turnover

Midsona AB (OSTO:MSON BTA B) Receivables Turnover : 2.61 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Midsona 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. Midsona AB's Revenue for the three months ended in Mar. 2024 was kr929 Mil. Midsona AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr357 Mil. Hence, Midsona AB's Receivables Turnover for the three months ended in Mar. 2024 was 2.61.


Midsona AB Receivables Turnover Historical Data

The historical data trend for Midsona 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.

Midsona AB Receivables Turnover Chart

Midsona 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 11.22 12.79 10.89 9.74 10.36

Midsona 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 2.38 2.23 2.40 2.77 2.61

Competitive Comparison of Midsona AB's Receivables Turnover

For the Packaged Foods subindustry, Midsona 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.


Midsona AB's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Midsona AB's Receivables Turnover distribution charts can be found below:

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



Midsona AB Receivables Turnover Calculation

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

Midsona 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 )
=3793 / ((398 + 334) / 2 )
=3793 / 366
=10.36

Midsona 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 )
=929 / ((334 + 379) / 2 )
=929 / 356.5
=2.61

* 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.


Midsona AB  (OSTO:MSON BTA 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.


Midsona AB Receivables Turnover Related Terms

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


Midsona AB (OSTO:MSON BTA B) Business Description

Traded in Other Exchanges
Address
Dockplatsen 16, Box 21009, Malmo, SWE, 200 21
Midsona AB is a consumer goods company. It markets and sells health foods, sports nutrition, superfood, dietary supplements,and cold remedies. Its products are within three categories: organic products, healthfoods and self care products. The firm markets and sells its products under Urtekram, Friggs, Dalblads, Naturdiet, Tri tolonen, Kung markatta, Helios and Miwana brand names. It operates in Sweden, Norway, and Finland.

Midsona AB (OSTO:MSON BTA B) Headlines

No Headlines