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FOM Technologies A/S (OCSE:FOM) Receivables Turnover : 9.52 (As of Dec. 2023)


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What is FOM Technologies A/S 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. FOM Technologies A/S's Revenue for the six months ended in Dec. 2023 was kr43.11 Mil. FOM Technologies A/S's average Accounts Receivable for the six months ended in Dec. 2023 was kr4.53 Mil. Hence, FOM Technologies A/S's Receivables Turnover for the six months ended in Dec. 2023 was 9.52.


FOM Technologies A/S Receivables Turnover Historical Data

The historical data trend for FOM Technologies A/S'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.

FOM Technologies A/S Receivables Turnover Chart

FOM Technologies A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 4.23 3.08 4.21 4.54 8.09

FOM Technologies A/S Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.61 2.37 2.21 4.00 9.52

Competitive Comparison of FOM Technologies A/S's Receivables Turnover

For the Specialty Industrial Machinery subindustry, FOM Technologies A/S'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.


FOM Technologies A/S's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FOM Technologies A/S's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where FOM Technologies A/S's Receivables Turnover falls into.



FOM Technologies A/S Receivables Turnover Calculation

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

FOM Technologies A/S'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 )
=80.512 / ((14.776 + 5.123) / 2 )
=80.512 / 9.9495
=8.09

FOM Technologies A/S'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: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=43.112 / ((3.935 + 5.123) / 2 )
=43.112 / 4.529
=9.52

* 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.


FOM Technologies A/S  (OCSE:FOM) 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.


FOM Technologies A/S Receivables Turnover Related Terms

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FOM Technologies A/S (OCSE:FOM) Business Description

Traded in Other Exchanges
N/A
Address
Artillerivej 86, 1, Copenhagen, DNK, 2300
FOM Technologies A/S is engaged in the sale of machinery for material research. The company's products include Machines-rolls; Machines-sheets, and Slot-die-heads.

FOM Technologies A/S (OCSE:FOM) Headlines

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