Trematon Capital Investments (JSE:TMT) Receivables Turnover : 23.98 (As of Feb. 2024)

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What is Trematon Capital Investments 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. Trematon Capital Investments's Revenue for the six months ended in Feb. 2024 was R287.1 Mil. Trematon Capital Investments's average Accounts Receivable for the six months ended in Feb. 2024 was R12.0 Mil. Hence, Trematon Capital Investments's Receivables Turnover for the six months ended in Feb. 2024 was 23.98.

Trematon Capital Investments Receivables Turnover Historical Data

The historical data trend for Trematon Capital Investments'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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Trematon Capital Investments Receivables Turnover Chart

Trematon Capital Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

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53.47

45.30

51.44

88.32

88.14

Trematon Capital Investments Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															21.28	21.40	18.57	17.77	23.98

Competitive Comparison of Trematon Capital Investments's Receivables Turnover

For the Real Estate Services subindustry, Trematon Capital Investments'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.

Trematon Capital Investments's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Trematon Capital Investments's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Trematon Capital Investments's Receivables Turnover falls into.

Trematon Capital Investments Receivables Turnover Calculation

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

Trematon Capital Investments's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	554.252	/ (	(6.179	+	6.398)	/	2 )
=	554.252	/	6.2885
=	88.14

Trematon Capital Investments's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Aug. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	287.148	/ (	(6.398	+	17.55)	/	2 )
=	287.148	/	11.974
=	23.98

Trematon Capital Investments (JSE:TMT) 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.

Trematon Capital Investments Receivables Turnover Related Terms

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Trematon Capital Investments (JSE:TMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Trematon Capital Investments Ltd (JSE:TMT) » Definitions » Receivables Turnover

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Address

42 Hans Strijdom Avenue, 3rd Floor, Aria North Wharf, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.trematon.co.za

Trematon Capital Investments Ltd operates as an investment holding company. The company's operating segment includes Property investments; Education; UK investments and Corporate and other. The company generates maximum revenue from the Property investments segment. The Property investments segment derived income from the sale of investment property and inventory, rental income on investment property, dividend income, and others.

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