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Gigantelmon AS (OSL:GIGA) Receivables Turnover : 0.00 (As of Mar. 2024)


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What is Gigantelmon AS 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. Gigantelmon AS's Revenue for the three months ended in Mar. 2024 was kr0.00 Mil. Gigantelmon AS's average Accounts Receivable for the three months ended in Mar. 2024 was kr31.41 Mil.


Gigantelmon AS Receivables Turnover Historical Data

The historical data trend for Gigantelmon AS'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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Gigantelmon AS Receivables Turnover Chart

Gigantelmon AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
- - - 0.43 0.17

Gigantelmon AS Quarterly Data
Dec19 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 - - - - -

Competitive Comparison of Gigantelmon AS's Receivables Turnover

For the Farm Products subindustry, Gigantelmon AS'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.


Gigantelmon AS's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gigantelmon AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gigantelmon AS's Receivables Turnover falls into.



Gigantelmon AS Receivables Turnover Calculation

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

Gigantelmon AS'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 )
=0.06 / ((0.35 + 0) / 1 )
=0.06 / 0.35
=0.17

Gigantelmon AS'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 )
=0 / ((0 + 31.412) / 1 )
=0 / 31.412
=N/A

* 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.


Gigantelmon AS  (OSL:GIGA) 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.


Gigantelmon AS Receivables Turnover Related Terms

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Gigantelmon AS (OSL:GIGA) Business Description

Traded in Other Exchanges
Address
Sjogata 21, Bodo, NOR, 8006
Gigante Salmon AS is engaged in the salmon farming business.

Gigantelmon AS (OSL:GIGA) Headlines

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