Oneflow AB (OSTO:ONEF) Receivables Turnover : 1.53 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Oneflow 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. Oneflow AB's Revenue for the three months ended in Jun. 2024 was kr32.5 Mil. Oneflow AB's average Accounts Receivable for the three months ended in Jun. 2024 was kr21.2 Mil. Hence, Oneflow AB's Receivables Turnover for the three months ended in Jun. 2024 was 1.53.

Oneflow AB Receivables Turnover Historical Data

The historical data trend for Oneflow 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.

Oneflow AB Receivables Turnover Chart

Oneflow AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

4.77

6.67

6.36

5.61

5.01

Oneflow AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															2.09	1.83	1.33	1.23	1.53

Competitive Comparison of Oneflow AB's Receivables Turnover

For the Software - Application subindustry, Oneflow 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.

Oneflow AB's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Oneflow AB's Receivables Turnover distribution charts can be found below:

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

Oneflow AB Receivables Turnover Calculation

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

Oneflow 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 )
=	100.501	/ (	(15.385	+	24.771)	/	2 )
=	100.501	/	20.078
=	5.01

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

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	32.479	/ (	(25.505	+	16.841)	/	2 )
=	32.479	/	21.173
=	1.53

Oneflow AB (OSTO:ONEF) 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.

Oneflow AB Receivables Turnover Related Terms

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

Oneflow AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Oneflow AB (OSTO:ONEF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gavlegatan 12a, Stockholm, SWE, 113 30

Website

https://www.oneflow.com

Oneflow AB develops, sells and implements digital contract management and automation systems. The company's business model primarily consists of providing long-term subscriptions of products adapted to different types of customer needs and preferences through a SaaS model. The platform allows users to create, cooperate and work with contracts in real time, both internally within the organization and externally towards counterparties. Thereafter, the contract can be signed and archived in a structured and secure way. Contract data such as amounts, dates and deadlines are saved and can be filtered, summarized, aggregated and automatically integrated into other business systems and be used for notifications.

Oneflow AB Headlines

No Headlines