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AtomTrace AS (XPRA:ATOMT) Receivables Turnover : 0.94 (As of Dec. 2022)


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What is AtomTrace AS 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. AtomTrace AS's Revenue for the six months ended in Dec. 2022 was Kč0.14 Mil. AtomTrace AS's average Accounts Receivable for the six months ended in Dec. 2022 was Kč0.15 Mil. Hence, AtomTrace AS's Receivables Turnover for the six months ended in Dec. 2022 was 0.94.

AtomTrace AS Receivables Turnover Historical Data

The historical data trend for AtomTrace AS'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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AtomTrace AS Receivables Turnover Chart

AtomTrace AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial - - 11.06 15.01 0.94

AtomTrace AS Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover Get a 7-Day Free Trial - - 11.06 15.01 0.94

Competitive Comparison of AtomTrace AS's Receivables Turnover

For the Scientific & Technical Instruments subindustry, AtomTrace AS'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.

AtomTrace AS's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AtomTrace AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AtomTrace AS's Receivables Turnover falls into.


AtomTrace AS Receivables Turnover Calculation

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

AtomTrace AS's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=0.139 / ((0.284 + 0.012) / 2 )
=0.139 / 0.148
=0.94

AtomTrace AS's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=0.139 / ((0.284 + 0.012) / 2 )
=0.139 / 0.148
=0.94

* 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.

AtomTrace AS  (XPRA:ATOMT) 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.

AtomTrace AS Receivables Turnover Related Terms

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AtomTrace AS (XPRA:ATOMT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AtomTrace AS (XPRA:ATOMT) » Definitions » Receivables Turnover
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Traded in Other Exchanges
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Address
Kolejni 9, Brno, CZE, 612 00
Website
https://www.atomtrace.com
AtomTrace AS provides technology that performs multi-elemental analysis of most of the periodic table elements including those with low atomic weight. Its products comprise LIBS Interaction Chamber, LIBS Sci-Trace, LIBS X-Trace, LIBS Application Setup, LIBS Software-AtomAnalyzer, and Digital Delay Generator.

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