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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. Nidhogg Resources Holding AB's Revenue for the three months ended in Jun. 2024 was kr0.00 Mil. Nidhogg Resources Holding AB's average Accounts Receivable for the three months ended in Jun. 2024 was kr0.23 Mil.
The historical data trend for Nidhogg Resources Holding 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.
Nidhogg Resources Holding AB Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
Receivables Turnover | Get a 7-Day Free Trial | - | - | - | - | - |
Nidhogg Resources Holding AB Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Receivables Turnover | Get a 7-Day Free Trial | - | - | - | - | - |
For the Biotechnology subindustry, Nidhogg Resources Holding 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.
For the Biotechnology industry and Healthcare sector, Nidhogg Resources Holding AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nidhogg Resources Holding AB's Receivables Turnover falls into.
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Nidhogg Resources Holding AB's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as
Receivables Turnover (A: Jun. 2024 ) | |||||||
= | Revenue | / | Average Total Inventories | ||||
= | Revenue (A: Jun. 2024 ) | / ( | (Accounts Receivable (A: Jun. 2023 ) | + | Accounts Receivable (A: Jun. 2024 )) | / | count ) |
= | 0 | / ( | (0 | + | 0) | / | 1 ) |
= | 0 | / | 0 | ||||
= | N/A |
Nidhogg Resources Holding AB's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as
Receivables Turnover (Q: Jun. 2024 ) | |||||||
= | Revenue | / | Average Total Inventories | ||||
= | Revenue (Q: Jun. 2024 ) | / ( | (Accounts Receivable (Q: Mar. 2024 ) | + | Accounts Receivable (Q: Jun. 2024 )) | / | count ) |
= | 0 | / ( | (0.231 | + | 0) | / | 1 ) |
= | 0 | / | 0.231 | ||||
= | N/A |
* 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.
Nidhogg Resources Holding AB (XSAT:NIDHOG) 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.
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