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CoinShares International (OSTO:CS) Receivables Turnover : 12.09 (As of Mar. 2024)


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What is CoinShares International 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. CoinShares International's Revenue for the three months ended in Mar. 2024 was kr258.2 Mil. CoinShares International's average Accounts Receivable for the three months ended in Mar. 2024 was kr21.4 Mil. Hence, CoinShares International's Receivables Turnover for the three months ended in Mar. 2024 was 12.09.


CoinShares International Receivables Turnover Historical Data

The historical data trend for CoinShares International'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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CoinShares International Receivables Turnover Chart

CoinShares International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 2.03 4.50 7.39 6.23 50.58

CoinShares International Quarterly Data
Dec18 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 0.10 0.06 0.10 5.19 12.09

Competitive Comparison of CoinShares International's Receivables Turnover

For the Capital Markets subindustry, CoinShares International'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.


CoinShares International's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CoinShares International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CoinShares International's Receivables Turnover falls into.



CoinShares International Receivables Turnover Calculation

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

CoinShares International'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 )
=559.403 / ((4.93 + 17.191) / 2 )
=559.403 / 11.0605
=50.58

CoinShares International'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 )
=258.232 / ((17.191 + 25.532) / 2 )
=258.232 / 21.3615
=12.09

* 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.


CoinShares International  (OSTO:CS) 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.


CoinShares International Receivables Turnover Related Terms

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CoinShares International (OSTO:CS) Business Description

Traded in Other Exchanges
Address
2 Hill Street, 2nd Floor, Saint Helier, JEY, JE2 4UA
CoinShares International Ltd is the European digital asset manager that delivers a broad range of financial services across investment management, trading, securities, and consumer products to a wide array of clients that includes corporations, financial institutions, and individuals. The Group comprises four core operating segments; Asset Management, Capital Markets, Principal Investments, and Consumer Solutions. The company derives a majority of its revenue from the Asset management segment.

CoinShares International (OSTO:CS) Headlines

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