Invesco (BSP:I1VZ34) Receivables Turnover : 1.58 (As of Mar. 2024)

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What is Invesco 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. Invesco's Revenue for the three months ended in Mar. 2024 was R$7,347 Mil. Invesco's average Accounts Receivable for the three months ended in Mar. 2024 was R$4,636 Mil. Hence, Invesco's Receivables Turnover for the three months ended in Mar. 2024 was 1.58.

Invesco Receivables Turnover Historical Data

The historical data trend for Invesco'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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Invesco Receivables Turnover Chart

Invesco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.18

7.08

6.41

4.99

5.64

Invesco Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.38	1.42	1.61	1.52	1.58

Competitive Comparison of Invesco's Receivables Turnover

For the Asset Management subindustry, Invesco'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.

Invesco's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco's Receivables Turnover distribution charts can be found below:

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

Invesco Receivables Turnover Calculation

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

Invesco'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 )
=	28009.217	/ (	(5274.25	+	4662.65)	/	2 )
=	28009.217	/	4968.45
=	5.64

Invesco's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	7346.699	/ (	(4662.65	+	4609.303)	/	2 )
=	7346.699	/	4635.9765
=	1.58

Invesco (BSP:I1VZ34) 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.

Invesco Receivables Turnover Related Terms

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Invesco (BSP:I1VZ34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Ltd (BSP:I1VZ34) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IVZ:USA 3IW:Germany

Address

1555 Peachtree Street, N.E., Suite 1800, Two Peachtree Pointe, Atlanta, GA, USA, 30309

Website

https://www.invesco.com

Invesco provides investment-management services to retail (63% of managed assets) and institutional (37%) clients. At the end of October 2023, the firm had $1.451 trillion in assets under management spread among its equity (49% of AUM), balanced (4%), fixed-income (21%), alternative investment (12%), and money market (14%) operations. Passive products account for 35% of Invesco's total AUM, including 62% of the company's equity operations and 15% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside of North America, with 28% of its AUM sourced from Europe, Africa, and the Middle East (13%) and Asia (15%).

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