Visual International Holdings (JSE:VIS) Receivables Turnover : 6.31 (As of Aug. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Visual International Holdings 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. Visual International Holdings's Revenue for the six months ended in Aug. 2023 was R1.07 Mil. Visual International Holdings's average Accounts Receivable for the six months ended in Aug. 2023 was R0.17 Mil. Hence, Visual International Holdings's Receivables Turnover for the six months ended in Aug. 2023 was 6.31.

Visual International Holdings Receivables Turnover Historical Data

The historical data trend for Visual International Holdings'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.

Visual International Holdings Receivables Turnover Chart

Visual International Holdings Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Receivables Turnover

Get a 7-Day Free Trial

0.20

3.86

2.30

1.59

54.39

Visual International Holdings Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Receivables Turnover	Get a 7-Day Free Trial															0.05	0.05	0.08	6.86	6.31

Competitive Comparison of Visual International Holdings's Receivables Turnover

For the Real Estate Services subindustry, Visual International Holdings'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.

Visual International Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Visual International Holdings's Receivables Turnover distribution charts can be found below:

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

Visual International Holdings Receivables Turnover Calculation

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

Visual International Holdings's Receivables Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Receivables Turnover (A: Feb. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2023 )	/ (	(Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )
=	1.115	/ (	(0.019	+	0.022)	/	2 )
=	1.115	/	0.0205
=	54.39

Visual International Holdings's Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

	Receivables Turnover (Q: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2023 )	/ (	(Accounts Receivable (Q: Feb. 2023 )	+	Accounts Receivable (Q: Aug. 2023 ))	/	count )
=	1.073	/ (	(0.022	+	0.318)	/	2 )
=	1.073	/	0.17
=	6.31

Visual International Holdings (JSE:VIS) 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.

Visual International Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Visual International Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Visual International Holdings (JSE:VIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Visual International Holdings Ltd (JSE:VIS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Kleinplaas, Hohenhort Street, Stellenberg, Western Cape, ZAF, 7550

Website

https://www.visualinternational.co.za

Visual International Holdings Ltd is a property development company. The activity of the group functions through three divisions namely Property Services, Property Investment, and Property Development. The Property Services segment is involved in the rendering of management, administration, and consulting services on development projects. The Property Investment segment is engaged in letting of residential properties held by the group, whereas the Property Development segment looks into the development of residential properties held by the group or sold to third parties. The group's revenue is derived from operations and property holdings in South Africa.

Visual International Holdings (JSE:VIS) Headlines

From GuruFocus

WULFF, HANSEN & CO. Buys 2, Sells 3 in 3rd Quarter

By GuruFocus Research GuruFocus Editor • 11-04-2022

Axiom Financial Strategies, LLC Buys Vanguard Industrials ETF, Vanguard Financials ETF, Vanguard Energy ETF, Sells Vanguard Consumer Staples ETF, Vanguard Utilities ETF, Cisco Systems Inc

By GuruFocus Research GuruFocus Editor • 08-17-2021

Cabana Llc Buys Invesco NASDAQ 100 ETF, VANGUARD WORLD FDS, Vanguard Industrials ETF, Sells PowerShares QQQ Trust Ser 1, Vanguard S&P 500 ETF, VANGUARD WORLD FDS

By GuruFocusNews insider • 02-16-2022