Sun International (Sun International) Receivables Turnover : 10.66 (As of Dec. 2023)

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What is Sun International 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. Sun International's Revenue for the six months ended in Dec. 2023 was $338.38 Mil. Sun International's average Accounts Receivable for the six months ended in Dec. 2023 was $31.73 Mil. Hence, Sun International's Receivables Turnover for the six months ended in Dec. 2023 was 10.66.

Sun International Receivables Turnover Historical Data

The historical data trend for Sun International'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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Sun International Receivables Turnover Chart

Sun International Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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26.20

8.20

11.31

29.52

26.49

Sun International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															4.33	6.91	6.96	9.40	10.66

Competitive Comparison of Sun International's Receivables Turnover

For the Resorts & Casinos subindustry, Sun International'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.

Sun International's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sun International's Receivables Turnover distribution charts can be found below:

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

Sun International Receivables Turnover Calculation

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

Sun International'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 )
=	648.748	/ (	(25.579	+	23.4)	/	2 )
=	648.748	/	24.4895
=	26.49

Sun International's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	338.382	/ (	(40.064	+	23.4)	/	2 )
=	338.382	/	31.732
=	10.66

Sun International (OTCPK:SVUVY) 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.

Sun International Receivables Turnover Related Terms

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Sun International (Sun International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sun International Ltd (OTCPK:SVUVY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SUI:South Africa RY1B:Germany

Address

6 Sandown Valley Crescent, Sandton, PO Box 782121, Gauteng, Johannesburg, ZAF, 2196

Website

https://www.suninternational.com

Sun International Ltd is a resorts and casinos company. The business operates or has an interest in numerous resorts, luxury hotels, and casinos. Sun International has numerous business segments as it breaks out its revenue by resort. These segments include, but are not limited to, GrandWest, Sun City, Sibaya, Carnival City, Boardwalk, Wild Coast, Monticello, Meropa, Flamingo, and Golden Valley. The company has global operations with resorts primarily in Africa, and it earns the vast majority of its revenue in South Africa.

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