CSIMarket Company Name, Ticker, Industry, else..
 


• Sales per Employee
• Income per Employee
• Inventory to Sales
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Ericsson Lm Telephone Co  (ERIC)
Other Ticker:  
 
    Sector • Technology    Industry • Consumer Electronics
   Industry • Consumer Electronics
   Sector • Technology
 

Ericsson Lm Telephone Co Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Ericsson Lm Telephone Co's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 6.24, above the company average. This is a clear sign of healthy business climate in the Consumer Electronics industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Ericsson Lm Telephone Co in Dec 31 2023 quarter, has decreased to 58 days, compared to 59 days, in the 0 quarter.

If we take a look into Technology sector 531 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2023 from 2586 to 2906.

What is Receivable Turnover Ratio?
What is Ericsson Lm Telephone Co Selling?


What is Receivable Turnover Ratio?




ERIC Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter		 0
III. Quarter		 0
II. Quarter		 0
I. Quarter		 (Dec 31 2022)
IV. Quarter
Y / Y Receivable Change -12.8 % -12.8 % -12.8 % -12.8 % 6.64 %
Y / Y Revenue Change -3.02 % - - - 16.89 %
Receivable Turnover Ratio (TTM) 6.24 6.2 5.99 5.79 5.61
ERIC's Total Ranking # 2906 # 2586 # 1020 # 665 # 1568
Average receivable collection period 59 59 61 63 65
Seq. Receivable Change 0 % 0 % 0 % -12.8 % 0 %
Seq. Revenue Change - - - - -

New: More ERIC's historic Receivables Turnover Ratios >>

Receivable Turnover Company Ranking
Within: No.
Consumer Electronics Industry # 34
Technology Sector # 532
Overall Market # 2906

Receivable Turnover Ratio Statistics
High Average Low
3.36 3.02 2.62
(Dec 31 2023)   (Dec 31 2018)





ERIC Company Profile • Back to ERIC Efficiency Comparisons • Compare ERIC Receivables Turnover Ratio to its Competitors

Financial Statements
Ericsson Lm Telephone Co's Accounts Receivable $ 4,538 Millions Visit ERIC's Balance sheet
Ericsson Lm Telephone Co's Sales TTM $ 28,310 Millions Visit ERIC's Income Statement
Where are ERIC's Sales coming from? Visit ERIC's Sales by Geography

Other Accounts Receivable Turnover Ratios
Consumer Electronics Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ERIC's Receivable Turnover Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for ERIC's Competitors
Receivables Turnover Ratio for ERIC's Suppliers
Accounts Receivables Turnover Ratio for ERIC's Customers

You may also want to know
ERIC's Growth Rates ERIC's Roa ERIC's Inventory Turnover Ratio ERIC's Dividend Comparisons
ERIC's Profitability Ratios ERIC's Roi ERIC's Asset Turnover Ratio ERIC's Dividend Growth
ERIC's Valuation Ratios ERIC's Roe ERIC's Financial Strength Ratios ERIC's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Paycor Hcm Inc   17.15 $ 604.654  Millions$ 35.252  Millions
Iveda Solutions Inc   16.59 $ 6.068  Millions$ 0.366  Millions
Intel Corporation  16.57 $ 54,228.000  Millions$ 3,272.000  Millions
Netlist Inc  16.56 $ 68.393  Millions$ 4.130  Millions
Moving Image Technologies inc   16.42 $ 20.783  Millions$ 1.266  Millions
Tuya Inc   16.21 $ 229.655  Millions$ 14.169  Millions
Netease Inc   16.11 $ 14,572.293  Millions$ 904.579  Millions
Vimeo Inc   15.75 $ 416.638  Millions$ 26.448  Millions
Clearsign Technologies Corporation  15.70 $ 1.817  Millions$ 0.116  Millions
Immersion Corporation  15.28 $ 33.919  Millions$ 2.220  Millions
Playtika Holding Corp   15.19 $ 2,567.000  Millions$ 169.025  Millions
Q2 Holdings Inc   15.04 $ 623.651  Millions$ 41.458  Millions
Bit Mining Limited  14.99 $ 43.101  Millions$ 2.876  Millions
Oracle Corporation  14.77 $ 97,664.000  Millions$ 6,612.750  Millions
Blacksky Technology Inc  14.42 $ 94.492  Millions$ 6.555  Millions
Intrusion Inc   14.33 $ 5.354  Millions$ 0.374  Millions
Bilibili Inc   14.31 $ 3,172.471  Millions$ 221.679  Millions
Electronic Systems Technology Inc  14.04 $ 1.545  Millions$ 0.110  Millions
Wm Technology Inc   13.97 $ 187.993  Millions$ 13.461  Millions
Bridgeline Digital Inc   13.92 $ 15.340  Millions$ 1.102  Millions
Evercommerce Inc   13.90 $ 675.369  Millions$ 48.599  Millions
Pineapple Energy Inc   13.83 $ 78.696  Millions$ 5.692  Millions
Verifyme Inc   13.71 $ 25.313  Millions$ 1.846  Millions
Cootek cayman inc   13.70 $ 31.976  Millions$ 2.335  Millions
Tucows Inc  13.65 $ 338.667  Millions$ 24.817  Millions
  13.61 $ 47.609  Millions$ 3.497  Millions
Borqs Technologies Inc   13.56 $ 32.046  Millions$ 2.363  Millions
Soundhound Ai Inc   13.47 $ 45.873  Millions$ 3.405  Millions
Nxp Semiconductors N v   13.42 $ 13,276.000  Millions$ 989.250  Millions
Sypris Solutions Inc   13.12 $ 135.248  Millions$ 10.307  Millions

Date modified: 2024-03-13T04:18:13+00:00



Help

About us

Advertise
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com