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Trainimal AB (NGM:TRML) Receivables Turnover : 19.40 (As of Jan. 2024)


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What is Trainimal 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. Trainimal AB's Revenue for the three months ended in Jan. 2024 was kr2.62 Mil. Trainimal AB's average Accounts Receivable for the three months ended in Jan. 2024 was kr0.14 Mil. Hence, Trainimal AB's Receivables Turnover for the three months ended in Jan. 2024 was 19.40.


Trainimal AB Receivables Turnover Historical Data

The historical data trend for Trainimal 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.

Trainimal AB Receivables Turnover Chart

Trainimal AB Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
69.24 79.80 101.80 155.48 49.76

Trainimal AB Quarterly Data
Apr19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 24.81 8.01 10.46 25.17 19.40

Competitive Comparison of Trainimal AB's Receivables Turnover

For the Internet Content & Information subindustry, Trainimal 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.


Trainimal AB's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trainimal AB's Receivables Turnover distribution charts can be found below:

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



Trainimal AB Receivables Turnover Calculation

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

Trainimal AB'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 )
=13.013 / ((0.06 + 0.463) / 2 )
=13.013 / 0.2615
=49.76

Trainimal AB's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=2.619 / ((0.159 + 0.111) / 2 )
=2.619 / 0.135
=19.40

* 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.


Trainimal AB  (NGM:TRML) 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.


Trainimal AB Receivables Turnover Related Terms

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Trainimal AB (NGM:TRML) Business Description

Traded in Other Exchanges
N/A
Address
Tulegatan 19, Stockholm, SWE, 113 53
Trainimal AB develops and operates subscription-paid solutions for physical exercise and diet advice online.The company's most famous product is MammaFitness, which is created by the well-known training profile Olga Ronnberg.