Amaero International (Amaero International) Receivables Turnover : 1.06 (As of Dec. 2023)

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What is Amaero 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. Amaero International's Revenue for the six months ended in Dec. 2023 was $0.08 Mil. Amaero International's average Accounts Receivable for the six months ended in Dec. 2023 was $0.07 Mil. Hence, Amaero International's Receivables Turnover for the six months ended in Dec. 2023 was 1.06.

Amaero International Receivables Turnover Historical Data

The historical data trend for Amaero 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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Amaero International Receivables Turnover Chart

Amaero International Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

1.24

5.31

5.35

8.50

Amaero International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				0.34	0.57	0.58	0.37	1.06

Competitive Comparison of Amaero International's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Amaero 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.

Amaero International's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amaero International's Receivables Turnover distribution charts can be found below:

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

Amaero International Receivables Turnover Calculation

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

Amaero International's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	0.531	/ (	(0.068	+	0.057)	/	2 )
=	0.531	/	0.0625
=	8.50

Amaero 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 )
=	0.078	/ (	(0.057	+	0.09)	/	2 )
=	0.078	/	0.0735
=	1.06

Amaero International (OTCPK:AMROF) 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.

Amaero International Receivables Turnover Related Terms

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Amaero International (Amaero International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amaero International Ltd (OTCPK:AMROF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

3DA:Australia

Address

13 Normanby Road, Notting Hill, Melbourne, VIC, AUS, 3168

Website

https://www.amaero.com.au

Amaero International Ltd is an Australian based company. It is engaged in the manufacturing of format complex components in metal with laser-based additive manufacturing processes. The firm uses 3D printers to make components out of various metal alloys for its clients, mainly in the Aviation; Defence; Space sectors, and Tool and Die industries. It generates its revenue in the form of research and development, design and prototyping, and 3D printing equipment and consumables among others.

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