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Railway Metrics and Dynamics Sweden AB (XSAT:RMDX) Receivables Turnover : 2.90 (As of Mar. 2024)


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What is Railway Metrics and Dynamics Sweden 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. Railway Metrics and Dynamics Sweden AB's Revenue for the three months ended in Mar. 2024 was kr0.76 Mil. Railway Metrics and Dynamics Sweden AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr0.26 Mil. Hence, Railway Metrics and Dynamics Sweden AB's Receivables Turnover for the three months ended in Mar. 2024 was 2.90.

Railway Metrics and Dynamics Sweden AB Receivables Turnover Historical Data

The historical data trend for Railway Metrics and Dynamics Sweden 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.

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Railway Metrics and Dynamics Sweden AB Receivables Turnover Chart

Railway Metrics and Dynamics Sweden AB Annual Data
Trend Jun19 Jun20 Dec21 Dec22 Dec23
Receivables Turnover
- - - - 15.43

Railway Metrics and Dynamics Sweden AB Quarterly Data
Jun19 Jun20 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 0.82 2.54 6.22 1.37 2.90

Competitive Comparison of Railway Metrics and Dynamics Sweden AB's Receivables Turnover

For the Railroads subindustry, Railway Metrics and Dynamics Sweden 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.

Railway Metrics and Dynamics Sweden AB's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Railway Metrics and Dynamics Sweden AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Railway Metrics and Dynamics Sweden AB's Receivables Turnover falls into.


Railway Metrics and Dynamics Sweden AB Receivables Turnover Calculation

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

Railway Metrics and Dynamics Sweden AB'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 )
=6.17 / ((0 + 0.4) / 1 )
=6.17 / 0.4
=15.43

Railway Metrics and Dynamics Sweden AB'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 )
=0.76 / ((0.4 + 0.124) / 2 )
=0.76 / 0.262
=2.90

* 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.

Railway Metrics and Dynamics Sweden AB  (XSAT:RMDX) 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.

Railway Metrics and Dynamics Sweden AB Receivables Turnover Related Terms

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Railway Metrics and Dynamics Sweden AB (XSAT:RMDX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Railway Metrics and Dynamics Sweden AB (XSAT:RMDX) » Definitions » Receivables Turnover
Comparable Companies
Traded in Other Exchanges
RMDX:Sweden
Address
Box 7357, Stockholm, SWE, 103 90
Website
https://www.railwaymetric.com
Railway Metrics and Dynamics Sweden AB is a swedish company that develops real-time sensors for monitoring and analysis of locomotives, wagons, and railway infrastructure. The firm develops and sells a platform for real-time analysis and monitoring of both rolling stock and infrastructure. Its solution makes up the hub for data collection and analysis. Its technology enables monitoring the status of the fleet.; diagnostics and predictions to plan maintenance and maximize the vehicle's run time; monitoring heavy maintenance.

Railway Metrics and Dynamics Sweden AB (XSAT:RMDX) Headlines

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