Masoval AS (OSL:MAS) Receivables Turnover : 1.15 (As of Mar. 2024)

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What is Masoval 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. Masoval AS's Revenue for the three months ended in Mar. 2024 was kr402 Mil. Masoval AS's average Accounts Receivable for the three months ended in Mar. 2024 was kr349 Mil. Hence, Masoval AS's Receivables Turnover for the three months ended in Mar. 2024 was 1.15.

Masoval AS Receivables Turnover Historical Data

The historical data trend for Masoval 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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Masoval AS Receivables Turnover Chart

Masoval AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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19.95

13.07

7.50

10.34

7.58

Masoval AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial													1.34	2.25	1.77	2.20	1.15

Competitive Comparison of Masoval AS's Receivables Turnover

For the Farm Products subindustry, Masoval 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.

Masoval AS's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Masoval AS's Receivables Turnover distribution charts can be found below:

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

Masoval AS Receivables Turnover Calculation

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

Masoval AS'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 )
=	2279.56	/ (	(173.771	+	427.76)	/	2 )
=	2279.56	/	300.7655
=	7.58

Masoval AS'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: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	402.256	/ (	(427.76	+	269.908)	/	2 )
=	402.256	/	348.834
=	1.15

Masoval AS (OSL:MAS) 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.

Masoval AS Receivables Turnover Related Terms

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Masoval AS (OSL:MAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Masoval AS (OSL:MAS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

9QP:Germany

Address

Nordfroyveien 413, Sistranda, NFK, 7260

Website

https://www.masoval.no

Masoval AS owns, operates, and develops companies in the aquaculture industry, which contribute to positive ripple effects and value creation throughout the region. The Group is organized into business units based on its activities and has two operating segments: Farming and Sales and processing.