Marex Group (Marex Group) Receivables Turnover : 0.00 (As of Dec. 2022)

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What is Marex Group 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. Marex Group's Revenue for the three months ended in Dec. 2022 was $0 Mil. Marex Group's average Accounts Receivable for the three months ended in Dec. 2022 was $1,080 Mil.

Marex Group Receivables Turnover Historical Data

The historical data trend for Marex Group'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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Marex Group Receivables Turnover Chart

Marex Group Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

0.41

0.91

3.65

Marex Group Quarterly Data
	Dec21	Dec22	Dec23
Receivables Turnover	-	-	-

Competitive Comparison of Marex Group's Receivables Turnover

For the Capital Markets subindustry, Marex Group'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.

Marex Group's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marex Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Marex Group's Receivables Turnover falls into.

Marex Group Receivables Turnover Calculation

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

Marex Group's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1760.5	/ (	(141.1	+	823.8)	/	2 )
=	1760.5	/	482.45
=	3.65

Marex Group's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Dec. 2021 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	0	/ (	(2018.8	+	141.1)	/	2 )
=	0	/	1079.95
=	N/A

Marex Group (NAS:MRX) 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.

Marex Group Receivables Turnover Related Terms

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Marex Group (Marex Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marex Group PLC (NAS:MRX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 Bishopsgate, London, GBR, EC2M 3TQ

Website

https://www.marex.com

Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.

Marex Group (Marex Group) Headlines

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