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Hoganas AB (OSTO:HOGA B) Receivables Turnover : 1.32 (As of Jun. 2013)


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What is Hoganas AB 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. Hoganas AB's Revenue for the three months ended in Jun. 2013 was kr1,652 Mil. Hoganas AB's average Accounts Receivable for the three months ended in Jun. 2013 was kr1,253 Mil. Hence, Hoganas AB's Receivables Turnover for the three months ended in Jun. 2013 was 1.32.


Hoganas AB Receivables Turnover Historical Data

The historical data trend for Hoganas AB'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.

Hoganas AB Receivables Turnover Chart

Hoganas AB Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.58 6.37 8.36 7.77 7.63

Hoganas AB Quarterly Data
Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 1.33 1.20 1.28 1.38 1.32

Competitive Comparison of Hoganas AB's Receivables Turnover

For the Steel subindustry, Hoganas AB'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.


Hoganas AB's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hoganas AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hoganas AB's Receivables Turnover falls into.



Hoganas AB Receivables Turnover Calculation

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

Hoganas AB's Receivables Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Receivables Turnover (A: Dec. 2012 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2012 ) / ((Accounts Receivable (A: Dec. 2011 ) + Accounts Receivable (A: Dec. 2012 )) / count )
=6712 / ((934 + 826) / 2 )
=6712 / 880
=7.63

Hoganas AB's Receivables Turnover for the quarter that ended in Jun. 2013 is calculated as

Receivables Turnover (Q: Jun. 2013 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2013 ) / ((Accounts Receivable (Q: Mar. 2013 ) + Accounts Receivable (Q: Jun. 2013 )) / count )
=1652 / ((1253 + 1252) / 2 )
=1652 / 1252.5
=1.32

* 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.


Hoganas AB  (OSTO:HOGA 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.


Hoganas AB Receivables Turnover Related Terms

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Hoganas AB (OSTO:HOGA B) Business Description

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Höganäs AB develops, manufactures and markets metal powders and metal powder technology. Metal powders are used in iron fortification, printing, surface coating, welding, friction materials, chemical and metallurgical processes & soft magnetic composites.

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