Netmore Group AB (OSTO:NETM B) Receivables Turnover : 1.84 (As of Sep. 2023)

Netmore Group AB Receivables Turnover Chart

Netmore Group AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															1.25	2.83	3.46	2.84	1.84

Competitive Comparison of Netmore Group AB's Receivables Turnover

For the Telecom Services subindustry, Netmore Group 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.

Netmore Group AB's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Netmore Group AB's Receivables Turnover distribution charts can be found below:

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

Netmore Group AB Receivables Turnover Calculation

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

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

Netmore Group AB's Receivables Turnover for the quarter that ended in Sep. 2023 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.

Netmore Group AB  (OSTO:NETM 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.

Netmore Group AB Receivables Turnover Related Terms

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

Netmore Group AB (OSTO:NETM B) Business Description