Samarkand Group (AQSE:SMK) Receivables Turnover : 5.30 (As of Sep. 2023)

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What is Samarkand Group 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. Samarkand Group's Revenue for the six months ended in Sep. 2023 was £8.13 Mil. Samarkand Group's average Accounts Receivable for the six months ended in Sep. 2023 was £1.53 Mil. Hence, Samarkand Group's Receivables Turnover for the six months ended in Sep. 2023 was 5.30.

Samarkand Group Receivables Turnover Historical Data

The historical data trend for Samarkand Group'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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Samarkand Group Receivables Turnover Chart

Samarkand Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

6.48

19.90

13.12

10.80

Samarkand Group Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial			5.11	5.70	4.54	4.79	5.30

Competitive Comparison of Samarkand Group's Receivables Turnover

For the Internet Content & Information subindustry, Samarkand Group'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.

Samarkand Group's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Samarkand Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Samarkand Group's Receivables Turnover falls into.

Samarkand Group Receivables Turnover Calculation

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

Samarkand Group's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	17.477	/ (	(1.513	+	1.723)	/	2 )
=	17.477	/	1.618
=	10.80

Samarkand Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	8.132	/ (	(1.723	+	1.343)	/	2 )
=	8.132	/	1.533
=	5.30

Samarkand Group (AQSE:SMK) 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.

Samarkand Group Receivables Turnover Related Terms

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Samarkand Group (AQSE:SMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Samarkand Group PLC (AQSE:SMK) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Path, Unit 13 and 14 Nelson Trading Estate, Merton, London, GBR, SW19 3BL

Website

https://www.samarkand.global

Samarkand Group PLC is the cross-border eCommerce technology and retail group focusing on connecting Western Brands with China. It has developed a proprietary software platform, the Nomad, which is integrated across eCommerce platforms, payments, logistics, social media, and customs. The core products include Nomad Checkout, Nomad Storefront, and Nomad Distribution. The Group has one reportable segment with three revenue streams, being Brand Ownership, Nomad Technology, and Distribution business units engaged in the B2B and B2C sale of products and eCommerce technology solutions for Western brands and retailers selling in China. Its revenues are mainly generated in the UK, China, and the Rest of the World.

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