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Wallenstam AB (Wallenstam AB) Receivables Turnover : 48.62 (As of Mar. 2024)


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What is Wallenstam 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. Wallenstam AB's Revenue for the three months ended in Mar. 2024 was $71.08 Mil. Wallenstam AB's average Accounts Receivable for the three months ended in Mar. 2024 was $1.46 Mil. Hence, Wallenstam AB's Receivables Turnover for the three months ended in Mar. 2024 was 48.62.


Wallenstam AB Receivables Turnover Historical Data

The historical data trend for Wallenstam 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.

Wallenstam AB Receivables Turnover Chart

Wallenstam 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 109.84 132.44 162.75 223.61 203.32

Wallenstam 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 55.16 - - 46.28 48.62

Competitive Comparison of Wallenstam AB's Receivables Turnover

For the Real Estate Services subindustry, Wallenstam 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.


Wallenstam AB's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wallenstam AB's Receivables Turnover distribution charts can be found below:

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



Wallenstam AB Receivables Turnover Calculation

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

Wallenstam 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 )
=266.144 / ((1.156 + 1.462) / 2 )
=266.144 / 1.309
=203.32

Wallenstam 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 )
=71.077 / ((1.462 + 0) / 1 )
=71.077 / 1.462
=48.62

* 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.


Wallenstam AB  (OTCPK:WLNTF) 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.


Wallenstam AB Receivables Turnover Related Terms

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Wallenstam AB (Wallenstam AB) Business Description

Traded in Other Exchanges
Address
Kungsportsavenyen 2, Gothenburg, SWE, 401 84
Wallenstam AB is a general real estate company. The company generates all of its revenue in Sweden. Wallenstam reports three core segments that are mostly based on regional exposure, including Gothenburg, Stockholm, and Other. The vast majority of the company's revenue is derived from its Gothenburg segment, which develops, sells, and administers residential and commercial properties in Gothenburg. The company considers merger and acquisition investment as a potential component of its operational growth strategy.

Wallenstam AB (Wallenstam AB) Headlines

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