Sydsvenska Hem AB (XSAT:SYDSV) Receivables Turnover : 96.58 (As of Dec. 2023)

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What is Sydsvenska Hem 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. Sydsvenska Hem AB's Revenue for the three months ended in Dec. 2023 was kr27.33 Mil. Sydsvenska Hem AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr0.28 Mil. Hence, Sydsvenska Hem AB's Receivables Turnover for the three months ended in Dec. 2023 was 96.58.

Sydsvenska Hem AB Receivables Turnover Historical Data

The historical data trend for Sydsvenska Hem 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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Sydsvenska Hem AB Receivables Turnover Chart

Sydsvenska Hem AB Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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679.05

205.31

176.41

81.60

114.25

Sydsvenska Hem AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															25.47	18.59	36.88	57.37	96.58

Competitive Comparison of Sydsvenska Hem AB's Receivables Turnover

For the Real Estate Services subindustry, Sydsvenska Hem 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.

Sydsvenska Hem AB's Receivables Turnover Distribution in the Real Estate Industry

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

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

Sydsvenska Hem AB Receivables Turnover Calculation

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

Sydsvenska Hem 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 )
=	99.966	/ (	(1.588	+	0.162)	/	2 )
=	99.966	/	0.875
=	114.25

Sydsvenska Hem AB's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	27.333	/ (	(0.404	+	0.162)	/	2 )
=	27.333	/	0.283
=	96.58

Sydsvenska Hem AB (XSAT:SYDSV) 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.

Sydsvenska Hem AB Receivables Turnover Related Terms

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Sydsvenska Hem AB (XSAT:SYDSV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sydsvenska Hem AB (XSAT:SYDSV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Pareto Business Management AB, Box 7415, Stockholm, SWE, 103 91

Website

http://www.sydsvenskahem.se

Sydsvenska Hem AB owns, manages and develops real estate. The firm is a Swedish property company that owns and manages a property portfolio consisting of rental properties, public services, offices, industries, and commercial premises in the Oresund region.

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