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Savor (NZSE:SVR) Receivables Turnover : 60.26 (As of Mar. 2024)


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What is Savor 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. Savor's Revenue for the six months ended in Mar. 2024 was NZ$32.78 Mil. Savor's average Accounts Receivable for the six months ended in Mar. 2024 was NZ$0.54 Mil. Hence, Savor's Receivables Turnover for the six months ended in Mar. 2024 was 60.26.


Savor Receivables Turnover Historical Data

The historical data trend for Savor'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.

Savor Receivables Turnover Chart

Savor Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.11 14.08 138.06 150.73 222.11

Savor Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 Premium Member Only 36.14 38.13 48.32 40.08 60.26

Competitive Comparison of Savor's Receivables Turnover

For the Restaurants subindustry, Savor'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.


Savor's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Savor's Receivables Turnover distribution charts can be found below:

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



Savor Receivables Turnover Calculation

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

Savor's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=61.858 / ((0.46 + 0.097) / 2 )
=61.858 / 0.2785
=222.11

Savor's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=32.783 / ((0.991 + 0.097) / 2 )
=32.783 / 0.544
=60.26

* 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.


Savor  (NZSE:SVR) 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.


Savor Receivables Turnover Related Terms

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Savor (NZSE:SVR) Business Description

Traded in Other Exchanges
N/A
Address
114 Quay Street, Level 4, Seafarers Building, Auckland, NTL, NZL, 1010
Savor Ltd operates in the hospitality sector, operating several restaurants and bars. Its operating segments include Hospitality and Corporate.

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