Sibek AB (publ) (OSTO:SIBEK) Receivables Turnover : 9.41 (As of Apr. 2023)

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What is Sibek AB (publ) 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. Sibek AB (publ)'s Revenue for the six months ended in Apr. 2023 was kr118.0 Mil. Sibek AB (publ)'s average Accounts Receivable for the six months ended in Apr. 2023 was kr12.5 Mil. Hence, Sibek AB (publ)'s Receivables Turnover for the six months ended in Apr. 2023 was 9.41.

Sibek AB (publ) Receivables Turnover Historical Data

The historical data trend for Sibek AB (publ)'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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Sibek AB (publ) Receivables Turnover Chart

Sibek AB (publ) Annual Data

Trend

Apr22

Apr23

Receivables Turnover

10.85

9.41

Sibek AB (publ) Semi-Annual Data
	Apr22	Apr23
Receivables Turnover	10.85	9.41

Competitive Comparison of Sibek AB (publ)'s Receivables Turnover

For the Security & Protection Services subindustry, Sibek AB (publ)'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.

Sibek AB (publ)'s Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sibek AB (publ)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sibek AB (publ)'s Receivables Turnover falls into.

Sibek AB (publ) Receivables Turnover Calculation

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

Sibek AB (publ)'s Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Receivables Turnover (A: Apr. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2023 )	/ (	(Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )
=	118.036	/ (	(9.885	+	15.208)	/	2 )
=	118.036	/	12.5465
=	9.41

Sibek AB (publ)'s Receivables Turnover for the quarter that ended in Apr. 2023 is calculated as

	Receivables Turnover (Q: Apr. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Apr. 2023 )	/ (	(Accounts Receivable (Q: Apr. 2022 )	+	Accounts Receivable (Q: Apr. 2023 ))	/	count )
=	118.036	/ (	(9.885	+	15.208)	/	2 )
=	118.036	/	12.5465
=	9.41

Sibek AB (publ) (OSTO:SIBEK) 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.

Sibek AB (publ) Receivables Turnover Related Terms

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Sibek AB (publ) (OSTO:SIBEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sibek AB (publ) (OSTO:SIBEK) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Polygonvagen 39, Taby, SWE, 187 66

Website

https://www.sibek.se

Sibek AB (publ) is a technology consultancy operating in infrastructure, specifically railways. The company specializes in the Swedish railway's signaling system. The single largest customer is the Swedish Transport Administration, followed by the Swedish Transport Administration (SL) within the Stockholm Region. This is followed by other actors operating within Swedish railways, such as contracting companies, signaling system suppliers and other technology consulting companies. The services the Company delivers can be mainly divided into: COMMISSIONING, PROJECTING, and PROJECT AND CONSTRUCTION MANAGEMENT.

Sibek AB (publ) (OSTO:SIBEK) Headlines

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