Atlas Arteria (ASX:ALX) Receivables Turnover : 13.23 (As of Dec. 2023)

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What is Atlas Arteria 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 Arteria's Revenue for the six months ended in Dec. 2023 was A$70.1 Mil. Atlas Arteria's average Accounts Receivable for the six months ended in Dec. 2023 was A$5.3 Mil. Hence, Atlas Arteria's Receivables Turnover for the six months ended in Dec. 2023 was 13.23.

Atlas Arteria Receivables Turnover Historical Data

The historical data trend for Atlas Arteria'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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Atlas Arteria Receivables Turnover Chart

Atlas Arteria Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.32

1.41

19.26

21.87

25.70

Atlas Arteria 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															6.56	9.61	12.41	12.45	13.23

Competitive Comparison of Atlas Arteria's Receivables Turnover

For the Infrastructure Operations subindustry, Atlas Arteria'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 Arteria's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Atlas Arteria's Receivables Turnover distribution charts can be found below:

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

Atlas Arteria Receivables Turnover Calculation

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

Atlas Arteria's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	133.2	/ (	(5.067	+	5.3)	/	2 )
=	133.2	/	5.1835
=	25.70

Atlas Arteria'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 )
=	70.1	/ (	(0	+	5.3)	/	1 )
=	70.1	/	5.3
=	13.23

Atlas Arteria (ASX:ALX) 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 Arteria Receivables Turnover Related Terms

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Atlas Arteria (ASX:ALX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Atlas Arteria Ltd (ASX:ALX) » Definitions » Receivables Turnover

Traded in Other Exchanges

MAQAF:USA M82:Germany

Address

180 Flinders Street, Level 1, Melbourne, VIC, AUS, 3000

Website

https://www.atlasarteria.com

Atlas Arteria is a global toll-road investor created out of the reorganisation of Macquarie Infrastructure Group in 2010. The firm's main asset is a 31.1% stake in Autoroutes Paris-Rhin-Rhone, or APRR. APRR owns concessions to toll more than 2,300 kilometres of motorways in eastern France, most ending late 2035. The firm also wholly owns the Dulles Greenway and 66.7% of the Chicago Skyway, both in the U.S.