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Universal Modern Industries (AMM:UMIC) Receivables Turnover : 2.24 (As of Mar. 2025)


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What is Universal Modern Industries 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. Universal Modern Industries's Revenue for the three months ended in Mar. 2025 was JOD2.61 Mil. Universal Modern Industries's average Accounts Receivable for the three months ended in Mar. 2025 was JOD1.17 Mil. Hence, Universal Modern Industries's Receivables Turnover for the three months ended in Mar. 2025 was 2.24.


Universal Modern Industries Receivables Turnover Historical Data

The historical data trend for Universal Modern Industries'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.

Universal Modern Industries Receivables Turnover Chart

Universal Modern Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.37 7.41 8.84 6.35 7.35

Universal Modern Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.58 - - 2.98 2.24

Competitive Comparison of Universal Modern Industries's Receivables Turnover

For the Packaged Foods subindustry, Universal Modern Industries'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.


Universal Modern Industries's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Universal Modern Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Universal Modern Industries's Receivables Turnover falls into.


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Universal Modern Industries Receivables Turnover Calculation

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

Universal Modern Industries's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=11.144 / ((1.869 + 1.165) / 2 )
=11.144 / 1.517
=7.35

Universal Modern Industries's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=2.612 / ((1.165 + 0) / 1 )
=2.612 / 1.165
=2.24

* 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.


Universal Modern Industries  (AMM:UMIC) 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.


Universal Modern Industries Receivables Turnover Related Terms

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Universal Modern Industries Business Description

Traded in Other Exchanges
N/A
Address
Zarqa - Free Zone Area, P.O. Box: 927139, Amman, JOR, 11190
Universal Modern Industries is engaged in refining and filling of vegetable oil, which are used for food. The company products include Golden Corn, Golden Flower, Shahrazad, Sungold, Al-Kinz, Al-Balka, Sun Gold Shortening, and Sun Gold Margarine.

Universal Modern Industries Headlines

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