Libertine Holdings (LSE:LIB) Receivables Turnover : 0.33 (As of Sep. 2023)

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What is Libertine 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. Libertine Holdings's Revenue for the six months ended in Sep. 2023 was £0.12 Mil. Libertine Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was £0.37 Mil. Hence, Libertine Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 0.33.

Libertine Holdings Receivables Turnover Historical Data

The historical data trend for Libertine 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.

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Libertine Holdings Receivables Turnover Chart

Libertine Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

1.84

0.61

2.55

1.61

Libertine Holdings Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial				0.95	1.99	1.89	0.99	0.33

Competitive Comparison of Libertine Holdings's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Libertine 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.

Libertine Holdings's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Libertine Holdings's Receivables Turnover distribution charts can be found below:

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

Libertine Holdings Receivables Turnover Calculation

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

Libertine Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	0.921	/ (	(0.637	+	0.507)	/	2 )
=	0.921	/	0.572
=	1.61

Libertine Holdings's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	0.121	/ (	(0.507	+	0.225)	/	2 )
=	0.121	/	0.366
=	0.33

Libertine Holdings (LSE:LIB) 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.

Libertine Holdings Receivables Turnover Related Terms

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Libertine Holdings (LSE:LIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Libertine Holdings PLC (LSE:LIB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 1 Coborn Avenue, Tinsley, Sheffield, GBR, S9 1DA

Website

https://www.libertine.co.uk

Libertine Holdings PLC has developed a technology solution for powertrain OEMs, enabling efficient and clean power generation from renewable fuels. Its linear electrical machines, controls, and tools together form a development platform that the group provides to OEM customers for its product development programs. It provides engineering services and prototype hardware to support OEM customer evaluation of its technology, and incorporation of this technology into customer-led Linear Generator development programs. The company's main country of operation is the United Kingdom.

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