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Sensor Alarm Norden AB (XSAT:SELARM) Receivables Turnover : 0.66 (As of Mar. 2024)


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What is Sensor Alarm Norden 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. Sensor Alarm Norden AB's Revenue for the three months ended in Mar. 2024 was kr0.72 Mil. Sensor Alarm Norden AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr1.09 Mil. Hence, Sensor Alarm Norden AB's Receivables Turnover for the three months ended in Mar. 2024 was 0.66.


Sensor Alarm Norden AB Receivables Turnover Historical Data

The historical data trend for Sensor Alarm Norden 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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Sensor Alarm Norden AB Receivables Turnover Chart

Sensor Alarm Norden AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
- 6.39 10.85 5.55

Sensor Alarm Norden AB Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.68 0.98 1.55 1.16 0.66

Competitive Comparison of Sensor Alarm Norden AB's Receivables Turnover

For the Building Products & Equipment subindustry, Sensor Alarm Norden 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.


Sensor Alarm Norden AB's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sensor Alarm Norden AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sensor Alarm Norden AB's Receivables Turnover falls into.



Sensor Alarm Norden AB Receivables Turnover Calculation

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

Sensor Alarm Norden AB'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 )
=4.865 / ((0.816 + 0.936) / 2 )
=4.865 / 0.876
=5.55

Sensor Alarm Norden 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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.72 / ((1.198 + 0.974) / 2 )
=0.72 / 1.086
=0.66

* 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.


Sensor Alarm Norden AB  (XSAT:SELARM) 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.


Sensor Alarm Norden AB Receivables Turnover Related Terms

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Sensor Alarm Norden AB (XSAT:SELARM) Business Description

Traded in Other Exchanges
N/A
Address
Sankt Eriksplan 11, Stockholm, SWE, 113 20
Sensor Alarm Norden AB is engaged in providing alarm services for private individuals and small companies. It provides various alarms such asHusalarm, Apartment alarm, Cabin alarm, Garage alarm, and Caravan / motorhome alarm.

Sensor Alarm Norden AB (XSAT:SELARM) Headlines

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