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Net Insight AB (OSTO:NETI B) Receivables Turnover : 0.99 (As of Mar. 2024)


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What is Net Insight 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. Net Insight AB's Revenue for the three months ended in Mar. 2024 was kr142.5 Mil. Net Insight AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr143.8 Mil. Hence, Net Insight AB's Receivables Turnover for the three months ended in Mar. 2024 was 0.99.


Net Insight AB Receivables Turnover Historical Data

The historical data trend for Net Insight 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.

* Premium members only.

Net Insight AB Receivables Turnover Chart

Net Insight AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.28 3.29 3.73 4.04 4.16

Net Insight AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.90 1.02 1.16 0.99

Competitive Comparison of Net Insight AB's Receivables Turnover

For the Communication Equipment subindustry, Net Insight 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.


Net Insight AB's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Net Insight AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Net Insight AB's Receivables Turnover falls into.



Net Insight AB Receivables Turnover Calculation

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

Net Insight 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 )
=559.368 / ((129.415 + 139.707) / 2 )
=559.368 / 134.561
=4.16

Net Insight 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: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=142.456 / ((139.707 + 147.941) / 2 )
=142.456 / 143.824
=0.99

* 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.


Net Insight AB  (OSTO:NETI 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.


Net Insight AB Receivables Turnover Related Terms

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Net Insight AB (OSTO:NETI B) Business Description

Traded in Other Exchanges
Address
Box 1200, Solna, SWE, 171 23
Net Insight AB develops products, software, and services for media transport with effective resource management. Its business areas include broadcast and media networks, digital terrestrial TV, cable TV, and IPTV. The company's offerings are based on the Nimbra platform. It connects content to broadcasters, service providers, content owners, and production and post-production companies. The firm derives most of its revenues derived from Europe, the Middle East, and Africa, with operations in other geographical segments including North and South America and Asia-Pacific.

Net Insight AB (OSTO:NETI B) Headlines

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