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Per Aarsleff Holding A/S (OCSE:PAAL B) Receivables Turnover : 1.30 (As of Mar. 2024)


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What is Per Aarsleff Holding 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. Per Aarsleff Holding A/S's Revenue for the three months ended in Mar. 2024 was kr5,171 Mil. Per Aarsleff Holding A/S's average Accounts Receivable for the three months ended in Mar. 2024 was kr3,976 Mil. Hence, Per Aarsleff Holding A/S's Receivables Turnover for the three months ended in Mar. 2024 was 1.30.


Per Aarsleff Holding A/S Receivables Turnover Historical Data

The historical data trend for Per Aarsleff Holding 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.

Per Aarsleff Holding A/S Receivables Turnover Chart

Per Aarsleff Holding A/S Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 4.23 5.90 6.07 5.17

Per Aarsleff Holding A/S 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 1.39 1.59 1.08 1.25 1.30

Competitive Comparison of Per Aarsleff Holding A/S's Receivables Turnover

For the Engineering & Construction subindustry, Per Aarsleff Holding 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.


Per Aarsleff Holding A/S's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Per Aarsleff Holding A/S's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Per Aarsleff Holding A/S's Receivables Turnover falls into.



Per Aarsleff Holding A/S Receivables Turnover Calculation

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

Per Aarsleff Holding A/S's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=20244 / ((3425 + 4406) / 2 )
=20244 / 3915.5
=5.17

Per Aarsleff Holding A/S'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 )
=5171 / ((4099 + 3852) / 2 )
=5171 / 3975.5
=1.30

* 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.


Per Aarsleff Holding A/S  (OCSE:PAAL 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.


Per Aarsleff Holding A/S Receivables Turnover Related Terms

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Per Aarsleff Holding A/S (OCSE:PAAL B) Business Description

Traded in Other Exchanges
Address
Hasselager Alle 5, Viby J, DNK, 8260
Per Aarsleff Holding A/S contracts, plans and implements projects in infrastructure, climate change adaptation, environment, energy, construction, and collaboration. It has Construction, Pipe technologies, Technical, rail, and Ground engineering segments. Construction segment consists construction, shell structures, building construction and international projects. Pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. Ground engineering segment comprises ground engineering, pile factories, and engineering, Rail segment comprises train station services, service center operations, and maintenance projects. It derives key revenue from the Construction segment. Geographically the group has a business presence in Denmark and other countries.

Per Aarsleff Holding A/S (OCSE:PAAL B) Headlines

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