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Nicoccino Holding AB (OSTO:NICO) Receivables Turnover : 0.14 (As of Dec. 2024)


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What is Nicoccino 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. Nicoccino Holding AB's Revenue for the three months ended in Dec. 2024 was kr0.10 Mil. Nicoccino Holding AB's average Accounts Receivable for the three months ended in Dec. 2024 was kr0.72 Mil. Hence, Nicoccino Holding AB's Receivables Turnover for the three months ended in Dec. 2024 was 0.14.


Nicoccino Holding AB Receivables Turnover Historical Data

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

Nicoccino Holding AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.79 1.61 1.59

Nicoccino Holding AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 0.04 0.15 0.35 0.19 0.14

Competitive Comparison of Nicoccino Holding AB's Receivables Turnover

For the Tobacco subindustry, Nicoccino 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.


Nicoccino Holding AB's Receivables Turnover Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Nicoccino Holding AB's Receivables Turnover distribution charts can be found below:

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


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Nicoccino Holding AB Receivables Turnover Calculation

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

Nicoccino Holding AB's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=0.394 / ((0.014 + 0.483) / 2 )
=0.394 / 0.2485
=1.59

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

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=0.099 / ((0.952 + 0.483) / 2 )
=0.099 / 0.7175
=0.14

* 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.


Nicoccino Holding AB  (OSTO:NICO) 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.


Nicoccino Holding AB Receivables Turnover Related Terms

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Nicoccino Holding AB Business Description

Traded in Other Exchanges
N/A
Address
Lahallsvagen 48, Taby, SWE, 183 30
Nicoccino Holding AB is a Sweden based company which has developed and patented a nicotine product free from tobacco. It offers a strip that through its delivery method provides the user with nicotine without the side effects of smoking. The product is designed to offer smokers an alternative to quit smoking.

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