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RightBridge Ventures Group AB (publ) (OSTO:RIGHTB) Receivables Turnover : 1.13 (As of Dec. 2024)


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What is RightBridge Ventures Group AB (publ) 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. RightBridge Ventures Group AB (publ)'s Revenue for the three months ended in Dec. 2024 was kr0.52 Mil. RightBridge Ventures Group AB (publ)'s average Accounts Receivable for the three months ended in Dec. 2024 was kr0.46 Mil. Hence, RightBridge Ventures Group AB (publ)'s Receivables Turnover for the three months ended in Dec. 2024 was 1.13.

RightBridge Ventures Group AB (publ) Receivables Turnover Historical Data

The historical data trend for RightBridge Ventures Group AB (publ)'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.

RightBridge Ventures Group AB (publ) Receivables Turnover Chart

RightBridge Ventures Group AB (publ) Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
- - 4.18 6.01 3.49

RightBridge Ventures Group AB (publ) Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.84 1.10 0.68 0.67 1.13

Competitive Comparison of RightBridge Ventures Group AB (publ)'s Receivables Turnover

For the Asset Management subindustry, RightBridge Ventures Group AB (publ)'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.

RightBridge Ventures Group AB (publ)'s Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RightBridge Ventures Group AB (publ)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where RightBridge Ventures Group AB (publ)'s Receivables Turnover falls into.


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RightBridge Ventures Group AB (publ) Receivables Turnover Calculation

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

RightBridge Ventures Group AB (publ)'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 )
=1.32 / ((0.206 + 0.55) / 2 )
=1.32 / 0.378
=3.49

RightBridge Ventures Group AB (publ)'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 )
=0.519 / ((0.37 + 0.55) / 2 )
=0.519 / 0.46
=1.13

* 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.

RightBridge Ventures Group AB (publ)  (OSTO:RIGHTB) 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.

RightBridge Ventures Group AB (publ) Receivables Turnover Related Terms

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RightBridge Ventures Group AB (publ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RightBridge Ventures Group AB (publ) (OSTO:RIGHTB) » Definitions » Receivables Turnover
Comparable Companies
XSAT:UPGRAD NGM:NOSIUM B NGM:ABIG XSAT:FXI NGM:CAPS OSTO:MTI NGM:ANTCO B XSAT:RVN OSTO:NANOC B XSAT:LOVE B BLK BX KKR OSTO:INVE A TSX:BAM TSX:BN APO LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
K0B0:Germany
Address
Norrlandsgatan 24, Stockholm, SWE, 111 43
Website
https://www.rightbridge.se
RightBridge Ventures Group AB (publ) is a roll-up and investment company investing and acquiring companies in the esport and gaming industry with the objective to create an ecosystem that seeks synergies around revenues, marketing, sales, customer acquistion and technologies.

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