GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Scandic Hotels Group AB (OSTO:SHOT) » Definitions » Receivables Turnover

Scandic Hotels Group AB (OSTO:SHOT) Receivables Turnover : 8.53 (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Scandic Hotels Group 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. Scandic Hotels Group AB's Revenue for the three months ended in Mar. 2025 was kr4,546 Mil. Scandic Hotels Group AB's average Accounts Receivable for the three months ended in Mar. 2025 was kr533 Mil. Hence, Scandic Hotels Group AB's Receivables Turnover for the three months ended in Mar. 2025 was 8.53.


Scandic Hotels Group AB Receivables Turnover Historical Data

The historical data trend for Scandic Hotels Group 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.

Scandic Hotels Group AB Receivables Turnover Chart

Scandic Hotels Group 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 18.63 29.66 29.52 31.86 38.73

Scandic Hotels Group AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.35 - - 10.30 8.53

Competitive Comparison of Scandic Hotels Group AB's Receivables Turnover

For the Lodging subindustry, Scandic Hotels Group 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.


Scandic Hotels Group AB's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Scandic Hotels Group AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Scandic Hotels Group AB's Receivables Turnover falls into.


;
;

Scandic Hotels Group AB Receivables Turnover Calculation

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

Scandic Hotels Group 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 )
=21959 / ((601 + 533) / 2 )
=21959 / 567
=38.73

Scandic Hotels Group AB's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=4546 / ((533 + 0) / 1 )
=4546 / 533
=8.53

* 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.


Scandic Hotels Group AB  (OSTO:SHOT) 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.


Scandic Hotels Group AB Receivables Turnover Related Terms

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


Scandic Hotels Group AB Business Description

Traded in Other Exchanges
Address
Sveavagen 167, P.O. Box 6197, Stockholm, SWE, SE-102 33
Scandic Hotels Group AB is a Sweden-based company engaged in the operation of hotels. It has a network of hotels in the Nordic market, which creates an offering for guests and customers. The majority of the company's revenue comes from the Room, Restaurant and conferences. Its business is operated through various geographical regions which include Sweden, Finland, Other European and Central functions, and Norway.