Alloggio Group (ASX:ALO) Receivables Turnover : 6.57 (As of Dec. 2022)

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What is Alloggio Group 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. Alloggio Group's Revenue for the six months ended in Dec. 2022 was A$18.70 Mil. Alloggio Group's average Accounts Receivable for the six months ended in Dec. 2022 was A$2.85 Mil. Hence, Alloggio Group's Receivables Turnover for the six months ended in Dec. 2022 was 6.57.

Alloggio Group Receivables Turnover Historical Data

The historical data trend for Alloggio Group'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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Alloggio Group Receivables Turnover Chart

Alloggio Group Annual Data

Trend

Jun21

Jun22

Receivables Turnover

23.31

Alloggio Group Semi-Annual Data
	Dec21	Jun22	Dec22
Receivables Turnover	5.43	9.91	6.57

Competitive Comparison of Alloggio Group's Receivables Turnover

For the Lodging subindustry, Alloggio Group'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.

Alloggio Group's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Alloggio Group's Receivables Turnover falls into.

Alloggio Group Receivables Turnover Calculation

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

Alloggio Group's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

	Receivables Turnover (A: Jun. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2022 )	/ (	(Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )
=	27.809	/ (	(0.671	+	1.715)	/	2 )
=	27.809	/	1.193
=	23.31

Alloggio Group's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Jun. 2022 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	18.701	/ (	(1.715	+	3.976)	/	2 )
=	18.701	/	2.8455
=	6.57

Alloggio Group (ASX:ALO) 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.

Alloggio Group Receivables Turnover Related Terms

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Alloggio Group (ASX:ALO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alloggio Group Ltd (ASX:ALO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

840 Hunter Street, Newcastle, NSW, AUS, 2300

Website

https://www.alloggio.com.au

Alloggio Group Ltd is an operator of short-term rental accommodation on the east coast of Australia with a current portfolio of over 879 holiday properties and approx 13 mid-market hotels which comprise of aorund 428 rooms.