Digitalist Group Oyj (STU:TI6) Receivables Turnover : 1.87 (As of Dec. 2024)

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What is Digitalist Group Oyj 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. Digitalist Group Oyj's Revenue for the three months ended in Dec. 2024 was €4.70 Mil. Digitalist Group Oyj's average Accounts Receivable for the three months ended in Dec. 2024 was €2.52 Mil. Hence, Digitalist Group Oyj's Receivables Turnover for the three months ended in Dec. 2024 was 1.87.

Digitalist Group Oyj Receivables Turnover Historical Data

The historical data trend for Digitalist Group Oyj'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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Digitalist Group Oyj Receivables Turnover Chart

Digitalist Group Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.79

4.05

5.23

5.57

7.18

Digitalist Group Oyj Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															-	1.36	1.48	1.39	1.87

Competitive Comparison of Digitalist Group Oyj's Receivables Turnover

For the Software - Application subindustry, Digitalist Group Oyj'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.

Digitalist Group Oyj's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Digitalist Group Oyj's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Digitalist Group Oyj's Receivables Turnover falls into.

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Digitalist Group Oyj Receivables Turnover Calculation

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

Digitalist Group Oyj'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 )
=	16.165	/ (	(2.632	+	1.873)	/	2 )
=	16.165	/	2.2525
=	7.18

Digitalist Group Oyj'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: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	4.699	/ (	(3.157	+	1.873)	/	2 )
=	4.699	/	2.515
=	1.87

Digitalist Group Oyj (STU:TI6) 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.

Digitalist Group Oyj Receivables Turnover Related Terms

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Digitalist Group Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digitalist Group Oyj (STU:TI6) » Definitions » Receivables Turnover

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DIGIGR:Finland

Address

Siltasaarenkatu 18 - 20 C, Helsinki, FIN, 00530

Website

https://digitalist.global

Digitalist Group Oyj is a creative technology company. The company seeks to design, formulate, and implement functional user experiences and sustainable software solutions based on the Internet, cloud, or mobile technologies. It designs comprehensive digital solutions for clients to enhance their competitiveness and productivity and provide them with added value and customer loyalty. The group's operations are mainly concentrated in Finland and Sweden.

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