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oOh media (ASX:OML) Receivables Turnover : 3.10 (As of Dec. 2023)


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What is oOh media 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. oOh media's Revenue for the six months ended in Dec. 2023 was A$337.3 Mil. oOh media's average Accounts Receivable for the six months ended in Dec. 2023 was A$109.0 Mil. Hence, oOh media's Receivables Turnover for the six months ended in Dec. 2023 was 3.10.


oOh media Receivables Turnover Historical Data

The historical data trend for oOh media'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.

oOh media Receivables Turnover Chart

oOh media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.09 3.93 5.43 5.54 5.46

oOh media Semi-Annual Data
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 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 2.75 2.84 3.03 2.77 3.10

Competitive Comparison of oOh media's Receivables Turnover

For the Advertising Agencies subindustry, oOh media'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.


oOh media's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, oOh media's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where oOh media's Receivables Turnover falls into.



oOh media Receivables Turnover Calculation

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

oOh media'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 )
=633.911 / ((114.187 + 117.925) / 2 )
=633.911 / 116.056
=5.46

oOh media'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 )
=337.319 / ((100.036 + 117.925) / 2 )
=337.319 / 108.9805
=3.10

* 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.


oOh media  (ASX:OML) 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.


oOh media Receivables Turnover Related Terms

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oOh media (ASX:OML) Business Description

Traded in Other Exchanges
Address
73 Miller Street, Level 2, North Sydney, Sydney, NSW, AUS, 2060
OOh media operates a network of outdoor advertising sites with a commanding share of the Australian market, and also has a large presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of outdoor marketers, and is particularly strong in the roadside billboard and retail (such as shopping malls) segments. OOh media offers these services by entering into lease arrangements with owners of outdoor sites--effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas. In late September 2018, the group completed the acquisition of Adshel from HT&E for AUD 570 million, a deal that cements its competitive position in the face of industry consolidation.

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