Daily Mail and General Trust (LSE:DMGO) Receivables Turnover : 1.80 (As of Sep. 2021)

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What is Daily Mail and General Trust 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. Daily Mail and General Trust's Revenue for the six months ended in Sep. 2021 was £338.5 Mil. Daily Mail and General Trust's average Accounts Receivable for the six months ended in Sep. 2021 was £187.7 Mil. Hence, Daily Mail and General Trust's Receivables Turnover for the six months ended in Sep. 2021 was 1.80.

Daily Mail and General Trust Receivables Turnover Historical Data

The historical data trend for Daily Mail and General Trust'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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Daily Mail and General Trust Receivables Turnover Chart

Daily Mail and General Trust Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Receivables Turnover

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7.92

7.83

6.60

4.48

6.24

Daily Mail and General Trust Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
Receivables Turnover	Get a 7-Day Free Trial															2.42	2.55	1.05	2.65	1.80

Competitive Comparison of Daily Mail and General Trust's Receivables Turnover

For the Publishing subindustry, Daily Mail and General Trust'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.

Daily Mail and General Trust's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Daily Mail and General Trust's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Daily Mail and General Trust's Receivables Turnover falls into.

Daily Mail and General Trust Receivables Turnover Calculation

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

Daily Mail and General Trust's Receivables Turnover for the fiscal year that ended in Sep. 2021 is calculated as

	Receivables Turnover (A: Sep. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2021 )	/ (	(Accounts Receivable (A: Sep. 2020 )	+	Accounts Receivable (A: Sep. 2021 ))	/	count )
=	885.3	/ (	(160.4	+	123.2)	/	2 )
=	885.3	/	141.8
=	6.24

Daily Mail and General Trust's Receivables Turnover for the quarter that ended in Sep. 2021 is calculated as

	Receivables Turnover (Q: Sep. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2021 )	/ (	(Accounts Receivable (Q: Mar. 2021 )	+	Accounts Receivable (Q: Sep. 2021 ))	/	count )
=	338.5	/ (	(252.1	+	123.2)	/	2 )
=	338.5	/	187.65
=	1.80

Daily Mail and General Trust (LSE:DMGO) 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.

Daily Mail and General Trust Receivables Turnover Related Terms

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Daily Mail and General Trust (LSE:DMGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Daily Mail and General Trust PLC (LSE:DMGO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Derry Street, Northcliffe House, London, GBR, W8 5TT

Website

https://www.dmgt.com

Daily Mail and General Trust PLC Class A is a British international media company that publishes various newspapers and magazines and provides event organizers, as well as data and information services. Its flagship segment is British tabloid newspaper The Daily Mail, the largest newspaper brand in the United Kingdom. The company also operates other newspapers around Europe, as well as various websites. While the majority of revenue is derived from its publishing business, it also provides risk-management modeling and business research and data services to clients around the world.

Daily Mail and General Trust (LSE:DMGO) Headlines

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