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Saunders International (ASX:SND) Receivables Turnover : 5.80 (As of Dec. 2023)


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What is Saunders International 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. Saunders International's Revenue for the six months ended in Dec. 2023 was A$104.4 Mil. Saunders International's average Accounts Receivable for the six months ended in Dec. 2023 was A$18.0 Mil. Hence, Saunders International's Receivables Turnover for the six months ended in Dec. 2023 was 5.80.


Saunders International Receivables Turnover Historical Data

The historical data trend for Saunders International'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.

Saunders International Receivables Turnover Chart

Saunders International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 6.10 8.60 6.63 7.71

Saunders International 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 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 Premium Member Only 6.04 4.91 4.28 5.73 5.80

Competitive Comparison of Saunders International's Receivables Turnover

For the Engineering & Construction subindustry, Saunders International'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.


Saunders International's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Saunders International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Saunders International's Receivables Turnover falls into.



Saunders International Receivables Turnover Calculation

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

Saunders International'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 )
=200.886 / ((28.946 + 23.191) / 2 )
=200.886 / 26.0685
=7.71

Saunders International'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 )
=104.427 / ((23.191 + 12.846) / 2 )
=104.427 / 18.0185
=5.80

* 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.


Saunders International  (ASX:SND) 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.


Saunders International Receivables Turnover Related Terms

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Saunders International (ASX:SND) Business Description

Traded in Other Exchanges
N/A
Address
1 Homebush Bay Drive, Level 2, Suite 2.04, Building F, Rhodes Corporate Park, Sydney, NSW, AUS, 2138
Saunders International Ltd is an engineering and construction company. The company is engaged in the design, construction, and maintenance of steel bulk liquid storage facilities, tanks and road, and rail bridges. It also manufactures precast concrete products for transport infrastructure projects as well as provides services for the maintenance of commercial, industrial and marine infrastructure and assets.

Saunders International (ASX:SND) Headlines