Norse Atlantic ASA (OSL:NORSE) Receivables Turnover : 11.14 (As of Mar. 2024)

Norse Atlantic ASA Receivables Turnover Chart

Norse Atlantic ASA Quarterly Data
	Feb20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial						11.14	32.24	26.06	10.72	11.14

Competitive Comparison of Norse Atlantic ASA's Receivables Turnover

For the Airlines subindustry, Norse Atlantic 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.

Norse Atlantic ASA's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norse Atlantic ASA's Receivables Turnover distribution charts can be found below:

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

Norse Atlantic ASA Receivables Turnover Calculation

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

Norse Atlantic ASA's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Norse Atlantic ASA's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

Norse Atlantic ASA  (OSL:NORSE) 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.

Norse Atlantic ASA Receivables Turnover Related Terms

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Norse Atlantic ASA (OSL:NORSE) Business Description