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James Halstead (James Halstead) Receivables Turnover : 3.48 (As of Dec. 2023)


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What is James Halstead 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. James Halstead's Revenue for the six months ended in Dec. 2023 was $172.7 Mil. James Halstead's average Accounts Receivable for the six months ended in Dec. 2023 was $49.7 Mil. Hence, James Halstead's Receivables Turnover for the six months ended in Dec. 2023 was 3.48.


James Halstead Receivables Turnover Historical Data

The historical data trend for James Halstead'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.

James Halstead Receivables Turnover Chart

James Halstead 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 8.62 8.84 8.70 6.38 6.86

James Halstead 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 3.46 3.56 3.47 3.82 3.48

Competitive Comparison of James Halstead's Receivables Turnover

For the Building Products & Equipment subindustry, James Halstead'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.


James Halstead's Receivables Turnover Distribution in the Construction Industry

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

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



James Halstead Receivables Turnover Calculation

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

James Halstead'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 )
=383.285 / ((57.554 + 54.218) / 2 )
=383.285 / 55.886
=6.86

James Halstead'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 )
=172.723 / ((54.218 + 45.092) / 2 )
=172.723 / 49.655
=3.48

* 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.


James Halstead  (OTCPK:JMHSF) 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.


James Halstead Receivables Turnover Related Terms

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James Halstead (James Halstead) Business Description

Traded in Other Exchanges
Address
Hollinhurst Road, Beechfield, Radcliffe, Manchester, GBR, M26 1JN
James Halstead PLC manufactures commercial, contract, and consumer flooring. The flooring is used in offices, retail shops, factories, clinics and hospitals, schools, hotels, cinemas, restaurants, and airports. The firm's portfolio of brands includes Polyflor, Polysafe, Expona, Performa, Saarfloor Systems, Megastrong, Camaro, Colonia, Kudos, Expona Domestic, Voyager, Forest fx, Cavalio, and Arai. Arai is a helmet manufacturer focused on motorsports. The company generates most of its revenue in Europe and the United Kingdom.

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