MPower Group (ASX:MPR) Receivables Turnover : 5.10 (As of Dec. 2023)

View and export this data going back to 1974. Start your Free Trial

What is MPower 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. MPower Group's Revenue for the six months ended in Dec. 2023 was A$2.46 Mil. MPower Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.48 Mil. Hence, MPower Group's Receivables Turnover for the six months ended in Dec. 2023 was 5.10.

MPower Group Receivables Turnover Historical Data

The historical data trend for MPower 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.

* Premium members only.

MPower Group Receivables Turnover Chart

MPower Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

9.20

3.28

16.28

5.92

10.04

MPower Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.08	2.47	3.93	5.16	5.10

Competitive Comparison of MPower Group's Receivables Turnover

For the Solar subindustry, MPower 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.

MPower Group's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MPower Group's Receivables Turnover distribution charts can be found below:

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

MPower Group Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	4.437	/ (	(0.577	+	0.307)	/	2 )
=	4.437	/	0.442
=	10.04

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

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	2.461	/ (	(0.307	+	0.658)	/	2 )
=	2.461	/	0.4825
=	5.10

MPower Group (ASX:MPR) 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.

MPower Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of MPower Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

MPower Group (ASX:MPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MPower Group Ltd (ASX:MPR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Bourke Road, Level 4, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.mpower.com.au

MPower Group Ltd is a technology company. The company is a specialist renewable energy and battery storage developer and owner. It specializes in the delivery of on-grid and off-grid power solutions and products for blue-chip customers. The company's operating segment includes Energy services and energy investments. It generates maximum revenue from the energy services segment. Geographically, it derives its revenue from Australia. The company's projects include Solar Farms, Battery Energy Storage Systems, Hybrid Power Systems, and Backup Power Systems.

MPower Group (ASX:MPR) Headlines

No Headlines