GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Van Elle Holdings PLC (LSE:VANL) » Definitions » Receivables Turnover

Van Elle Holdings (LSE:VANL) Receivables Turnover : 2.90 (As of Oct. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Van Elle 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. Van Elle Holdings's Revenue for the six months ended in Oct. 2023 was £68.2 Mil. Van Elle Holdings's average Accounts Receivable for the six months ended in Oct. 2023 was £23.5 Mil. Hence, Van Elle Holdings's Receivables Turnover for the six months ended in Oct. 2023 was 2.90.


Van Elle Holdings Receivables Turnover Historical Data

The historical data trend for Van Elle 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.

Van Elle Holdings Receivables Turnover Chart

Van Elle Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 6.05 5.80 6.82 7.97

Van Elle Holdings Semi-Annual Data
Apr14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 2.42 2.43 2.55 2.25 2.90

Competitive Comparison of Van Elle Holdings's Receivables Turnover

For the Engineering & Construction subindustry, Van Elle 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.


Van Elle Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Van Elle Holdings's Receivables Turnover distribution charts can be found below:

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



Van Elle Holdings Receivables Turnover Calculation

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

Van Elle Holdings's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=148.734 / ((20.166 + 17.139) / 2 )
=148.734 / 18.6525
=7.97

Van Elle Holdings's Receivables Turnover for the quarter that ended in Oct. 2023 is calculated as

Receivables Turnover (Q: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2023 ) / ((Accounts Receivable (Q: Apr. 2023 ) + Accounts Receivable (Q: Oct. 2023 )) / count )
=68.21 / ((17.139 + 29.909) / 2 )
=68.21 / 23.524
=2.90

* 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.


Van Elle Holdings  (LSE:VANL) 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.


Van Elle Holdings Receivables Turnover Related Terms

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


Van Elle Holdings (LSE:VANL) Business Description

Traded in Other Exchanges
N/A
Address
Southwell Lane Industrial Estate, Summit Close, Kirkby-in-Ashfield, Nottinghamshire, GBR, NG17 8GJ
Van Elle Holdings PLC is a geotechnical contractor. The company is engaged in providing ground engineering techniques and services. The operating segments of the company are General Piling, Specialist Piling, and Ground Engineering Services. Other services provided by the company are Rail Sheet Piling, Screw Piles, Specialist Piling, Rotary Bored Piling Foundation Testing, Driven Piling, and others. The firm generates a majority of its revenue from the General Piling Segment.

Van Elle Holdings (LSE:VANL) Headlines

No Headlines