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Gyldendal ASA (OSL:GYL) Receivables Turnover : 22.68 (As of Dec. 2023)


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What is Gyldendal ASA 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. Gyldendal ASA's Revenue for the six months ended in Dec. 2023 was kr1,599 Mil. Gyldendal ASA's average Accounts Receivable for the six months ended in Dec. 2023 was kr71 Mil. Hence, Gyldendal ASA's Receivables Turnover for the six months ended in Dec. 2023 was 22.68.


Gyldendal ASA Receivables Turnover Historical Data

The historical data trend for Gyldendal ASA'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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Gyldendal ASA Receivables Turnover Chart

Gyldendal ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.65 16.19 18.16 31.47 26.03

Gyldendal ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 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 15.09 15.38 20.18 16.09 22.68

Competitive Comparison of Gyldendal ASA's Receivables Turnover

For the Publishing subindustry, Gyldendal ASA'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.


Gyldendal ASA's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gyldendal ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gyldendal ASA's Receivables Turnover falls into.



Gyldendal ASA Receivables Turnover Calculation

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

Gyldendal ASA'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 )
=2669.612 / ((98.604 + 106.545) / 2 )
=2669.612 / 102.5745
=26.03

Gyldendal ASA'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 )
=1599.102 / ((34.497 + 106.545) / 2 )
=1599.102 / 70.521
=22.68

* 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.


Gyldendal ASA  (OSL:GYL) 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.


Gyldendal ASA Receivables Turnover Related Terms

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Gyldendal ASA (OSL:GYL) Business Description

Traded in Other Exchanges
N/A
Address
Sehestedsgate 4, Oslo, NOR, 6860
Gyldendal ASA operates a publishing house in Norway. It offers a range of fiction, general literature, subject books and teaching materials in paper as well as electronic form. Gyldendal operates its bookstore chain through ARK Bokhandel AS.

Gyldendal ASA (OSL:GYL) Headlines

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