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Aixia Group AB (XSAT:AIXIA B) Receivables Turnover : 3.01 (As of Mar. 2025)


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What is Aixia Group 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. Aixia Group AB's Revenue for the three months ended in Mar. 2025 was kr85.9 Mil. Aixia Group AB's average Accounts Receivable for the three months ended in Mar. 2025 was kr28.5 Mil. Hence, Aixia Group AB's Receivables Turnover for the three months ended in Mar. 2025 was 3.01.


Aixia Group AB Receivables Turnover Historical Data

The historical data trend for Aixia Group 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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Aixia Group AB Receivables Turnover Chart

Aixia Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.32 13.90 10.16 5.13 17.98

Aixia Group AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 13.19 6.11 2.57 2.39 3.01

Competitive Comparison of Aixia Group AB's Receivables Turnover

For the Information Technology Services subindustry, Aixia Group 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.


Aixia Group AB's Receivables Turnover Distribution in the Software Industry

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

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


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Aixia Group AB Receivables Turnover Calculation

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

Aixia Group AB's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=360.588 / ((20.277 + 19.824) / 2 )
=360.588 / 20.0505
=17.98

Aixia Group AB's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=85.939 / ((19.824 + 37.254) / 2 )
=85.939 / 28.539
=3.01

* 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.


Aixia Group AB  (XSAT:AIXIA B) 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.


Aixia Group AB Receivables Turnover Related Terms

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Aixia Group AB Business Description

Traded in Other Exchanges
N/A
Address
Taljegardsgatan 11, Molndal, SWE, 43153
Aixia Group AB is an IT company. It conducted operations in the construction and development of IT, which includes, among other things, AI/Deep Learning platforms, data centers, security, management, hosting, network & communication and backup/DR. The company delivers products, solutions and expertise in, among other things, the following business areas; AI solutions and services, Enterprise IT infrastructure, IT operation and hosting, IT products/solutions and currently has around 120 customers distributed across the country within a wide range of different industries.

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