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Imperial Equities (TSXV:IEI) Receivables Turnover : 13.71 (As of Mar. 2024)


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What is Imperial Equities 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. Imperial Equities's Revenue for the three months ended in Mar. 2024 was C$4.85 Mil. Imperial Equities's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.35 Mil. Hence, Imperial Equities's Receivables Turnover for the three months ended in Mar. 2024 was 13.71.


Imperial Equities Receivables Turnover Historical Data

The historical data trend for Imperial Equities'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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Imperial Equities Receivables Turnover Chart

Imperial Equities Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.18 61.13 77.56 58.58 60.27

Imperial Equities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 17.68 22.06 21.91 21.71 13.71

Competitive Comparison of Imperial Equities's Receivables Turnover

For the Real Estate Services subindustry, Imperial Equities'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.


Imperial Equities's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Imperial Equities's Receivables Turnover distribution charts can be found below:

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



Imperial Equities Receivables Turnover Calculation

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

Imperial Equities's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=19.737 / ((0.432 + 0.223) / 2 )
=19.737 / 0.3275
=60.27

Imperial Equities'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: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=4.846 / ((0.233 + 0.474) / 2 )
=4.846 / 0.3535
=13.71

* 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.


Imperial Equities  (TSXV:IEI) 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.


Imperial Equities Receivables Turnover Related Terms

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Imperial Equities (TSXV:IEI) Business Description

Traded in Other Exchanges
N/A
Address
10060 Jasper Avenue, Suite 2151, Edmonton, AB, CAN, T5J 3R8
Imperial Equities Inc is engaged in the acquisition, development, and redevelopment of commercial and industrial properties primarily in Edmonton and throughout Alberta. The majority of the revenue is generated from Rental revenue from leases of commercial properties.
Executives
Chadi Land Company Inc. 10% Security Holder

Imperial Equities (TSXV:IEI) Headlines

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