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SCABY (Svenska Cellulosa AB) Receivables Turnover : 1.47 (As of Sep. 2024)


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What is Svenska Cellulosa 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. Svenska Cellulosa AB's Revenue for the three months ended in Sep. 2024 was $513 Mil. Svenska Cellulosa AB's average Accounts Receivable for the three months ended in Sep. 2024 was $348 Mil. Hence, Svenska Cellulosa AB's Receivables Turnover for the three months ended in Sep. 2024 was 1.47.


Svenska Cellulosa AB Receivables Turnover Historical Data

The historical data trend for Svenska Cellulosa 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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Svenska Cellulosa AB Receivables Turnover Chart

Svenska Cellulosa 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 7.74 9.17 8.09 7.07 6.20

Svenska Cellulosa AB Quarterly Data
Dec19 Mar20 Jun20 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 Premium Member Only 1.53 1.68 1.47 1.54 1.47

Competitive Comparison of Svenska Cellulosa AB's Receivables Turnover

For the Lumber & Wood Production subindustry, Svenska Cellulosa 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.


Svenska Cellulosa AB's Receivables Turnover Distribution in the Forest Products Industry

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

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



Svenska Cellulosa AB Receivables Turnover Calculation

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

Svenska Cellulosa 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 )
=1762.693 / ((289.748 + 278.623) / 2 )
=1762.693 / 284.1855
=6.20

Svenska Cellulosa 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 )
=513.051 / ((337.847 + 358.197) / 2 )
=513.051 / 348.022
=1.47

* 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.


Svenska Cellulosa AB  (OTCPK:SCABY) 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.


Svenska Cellulosa AB Receivables Turnover Related Terms

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Svenska Cellulosa AB Business Description

Address
Skepparplatsen 1, Sundsvall, SWE, SE-851 88
Svenska Cellulosa AB is Europe's private forest owner, engaged different business segments such as; the Forest segment which generates key revenue, supplies its industries with timber. The Wood segment includes five sawmills in northern Sweden and wood processing and distribution to the building materials trade in Sweden and France, The Pulp segment encompasses the production and sale of bleached softwood kraft pulp (NBSK) and chemi-thermomechanical pulp (CTMP), which are produced at the Ostrand pulp mill, The Containerboard segment includes packaging paper with kraft liner manufacturing at the Obbola and Munksund paper mills, and The Renewable Energy segment which encompasses production and sales of processed and unprocessed biofuels as well as liquid biofuels.