GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nosa Plugs (OSTO:NOSA) » Definitions » Receivables Turnover

Nosa Plugs (OSTO:NOSA) Receivables Turnover : 1.48 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Nosa Plugs 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. Nosa Plugs's Revenue for the three months ended in Mar. 2024 was kr2.82 Mil. Nosa Plugs's average Accounts Receivable for the three months ended in Mar. 2024 was kr1.90 Mil. Hence, Nosa Plugs's Receivables Turnover for the three months ended in Mar. 2024 was 1.48.


Nosa Plugs Receivables Turnover Historical Data

The historical data trend for Nosa Plugs'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.

Nosa Plugs Receivables Turnover Chart

Nosa Plugs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 1.91 1.01 4.51 9.16 6.45

Nosa Plugs 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 1.87 1.60 1.08 1.90 1.48

Competitive Comparison of Nosa Plugs's Receivables Turnover

For the Medical Devices subindustry, Nosa Plugs'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.


Nosa Plugs's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Nosa Plugs's Receivables Turnover falls into.



Nosa Plugs Receivables Turnover Calculation

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

Nosa Plugs'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 )
=10.393 / ((0.895 + 2.328) / 2 )
=10.393 / 1.6115
=6.45

Nosa Plugs'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 )
=2.821 / ((2.328 + 1.473) / 2 )
=2.821 / 1.9005
=1.48

* 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.


Nosa Plugs  (OSTO:NOSA) 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.


Nosa Plugs Receivables Turnover Related Terms

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


Nosa Plugs (OSTO:NOSA) Business Description

Traded in Other Exchanges
N/A
Address
Observatoriegatan 5, Stockholm, SWE, 113 29
Nosa Plugs is a Swedish medical technology company. It is a world-leading supplier of nasal protection and nasal filters. With the vision to improve the breathing experience for everyone, NOSA offers a product portfolio consisting of odor protection, nasal filters against allergens and nasal protection that reduces viruses and bacteria.

Nosa Plugs (OSTO:NOSA) Headlines

No Headlines