GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Rottneros AB (OSTO:RROS) » Definitions » Receivables Turnover

Rottneros AB (OSTO:RROS) Receivables Turnover : 1.34 (As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Rottneros 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. Rottneros AB's Revenue for the three months ended in Mar. 2024 was kr690 Mil. Rottneros AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr516 Mil. Hence, Rottneros AB's Receivables Turnover for the three months ended in Mar. 2024 was 1.34.


Rottneros AB Receivables Turnover Historical Data

The historical data trend for Rottneros 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.

Rottneros AB Receivables Turnover Chart

Rottneros AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.87 8.52 8.58 7.86 6.43

Rottneros AB 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 1.18 0.91 1.07 1.25 1.34

Competitive Comparison of Rottneros AB's Receivables Turnover

For the Paper & Paper Products subindustry, Rottneros 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.


Rottneros AB's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Rottneros AB's Receivables Turnover distribution charts can be found below:

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



Rottneros AB Receivables Turnover Calculation

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

Rottneros 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 )
=2757 / ((451 + 406) / 2 )
=2757 / 428.5
=6.43

Rottneros AB'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 )
=690 / ((406 + 626) / 2 )
=690 / 516
=1.34

* 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.


Rottneros AB  (OSTO:RROS) 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.


Rottneros AB Receivables Turnover Related Terms

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


Rottneros AB (OSTO:RROS) Business Description

Traded in Other Exchanges
Address
Rottneros Bruk, Box 144, Soderhamn, SWE, 826 23
Rottneros AB, together with its subsidiaries, produces and sells bleached and unbleached chemical pulp as well as mechanical pulp in Europe and internationally. The pulp is used for the production of board & packaging, filters, electrotechnical applications, tissue paper, printing & printing paper and other special applications. Geographically, it derives the majority of its revenue from Europe. Rottneros also develops and sells molded fiber trays and technology for this production.

Rottneros AB (OSTO:RROS) Headlines

No Headlines