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Atlas Pearls (Atlas Pearls) Receivables Turnover : 58.73 (As of Dec. 2023)


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What is Atlas Pearls 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. Atlas Pearls's Revenue for the six months ended in Dec. 2023 was $17.97 Mil. Atlas Pearls's average Accounts Receivable for the six months ended in Dec. 2023 was $0.31 Mil. Hence, Atlas Pearls's Receivables Turnover for the six months ended in Dec. 2023 was 58.73.


Atlas Pearls Receivables Turnover Historical Data

The historical data trend for Atlas Pearls'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.

Atlas Pearls Receivables Turnover Chart

Atlas Pearls Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.24 65.85 57.16 52.94 98.41

Atlas Pearls 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 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 14.96 13.55 30.88 33.98 58.73

Competitive Comparison of Atlas Pearls's Receivables Turnover

For the Luxury Goods subindustry, Atlas Pearls'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.


Atlas Pearls's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Atlas Pearls's Receivables Turnover distribution charts can be found below:

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



Atlas Pearls Receivables Turnover Calculation

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

Atlas Pearls'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 )
=18.255 / ((0.169 + 0.202) / 2 )
=18.255 / 0.1855
=98.41

Atlas Pearls'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 )
=17.972 / ((0.202 + 0.41) / 2 )
=17.972 / 0.306
=58.73

* 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.


Atlas Pearls  (OTCPK:APCFF) 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.


Atlas Pearls Receivables Turnover Related Terms

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Atlas Pearls (Atlas Pearls) Business Description

Traded in Other Exchanges
Address
26 Railway Road, Subiaco, Perth, WA, AUS, 6008
Atlas Pearls Ltd is engaged in producing south sea pearls, with farming operations throughout Indonesia, and retail stores in Perth and Bali. The operating segments of the company are Loose pearls in Australia and Indonesia. The company derives a majority of its revenue from Loose pearls in Australia.

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