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Wyld Networks AB (OSTO:WYLD) Receivables Turnover : 7.22 (As of Sep. 2024)


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What is Wyld Networks 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. Wyld Networks AB's Revenue for the three months ended in Sep. 2024 was kr1.70 Mil. Wyld Networks AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr0.24 Mil. Hence, Wyld Networks AB's Receivables Turnover for the three months ended in Sep. 2024 was 7.22.


Wyld Networks AB Receivables Turnover Historical Data

The historical data trend for Wyld Networks 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.

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Wyld Networks AB Receivables Turnover Chart

Wyld Networks AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
4.26 6.35 6.31 5.84 45.71

Wyld Networks AB Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 25.44 - - 12.58 7.22

Competitive Comparison of Wyld Networks AB's Receivables Turnover

For the Information Technology Services subindustry, Wyld Networks 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.


Wyld Networks AB's Receivables Turnover Distribution in the Software Industry

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

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



Wyld Networks AB Receivables Turnover Calculation

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

Wyld Networks 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 )
=0.777 / ((0.017 + 0) / 1 )
=0.777 / 0.017
=45.71

Wyld Networks AB's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=1.697 / ((0.235 + 0) / 1 )
=1.697 / 0.235
=7.22

* 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.


Wyld Networks AB  (OSTO:WYLD) 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.


Wyld Networks AB Receivables Turnover Related Terms

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Wyld Networks AB Business Description

Traded in Other Exchanges
Address
Hamngatan 27, Stockholm, SWE, 111 47
Wyld Networks AB develop and sells various wireless technology solutions that enables affordable connectivity anywhere in the World. The solutions are mainly targeted to wireless connectivity for the Internet of Things and people. It is uniquely placed to deliver fixed and mobile mesh technology for Smart Cities, Events, Retail, Health and Industrial installations.

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