Autosports Group (ASX:ASG) Receivables Turnover : 12.96 (As of Dec. 2024)

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What is Autosports 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. Autosports Group's Revenue for the six months ended in Dec. 2024 was A$1,338 Mil. Autosports Group's average Accounts Receivable for the six months ended in Dec. 2024 was A$103 Mil. Hence, Autosports Group's Receivables Turnover for the six months ended in Dec. 2024 was 12.96.

Autosports Group Receivables Turnover Historical Data

The historical data trend for Autosports 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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Autosports Group Receivables Turnover Chart

Autosports Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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18.55

25.00

28.71

34.42

29.40

Autosports Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial										17.42	17.79	16.20	14.32	12.96

Competitive Comparison of Autosports Group's Receivables Turnover

For the Auto & Truck Dealerships subindustry, Autosports 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.

Autosports Group's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autosports Group's Receivables Turnover distribution charts can be found below:

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

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Autosports Group Receivables Turnover Calculation

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

Autosports Group's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	2581.945	/ (	(79.657	+	95.98)	/	2 )
=	2581.945	/	87.8185
=	29.40

Autosports Group's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	1337.562	/ (	(95.98	+	110.444)	/	2 )
=	1337.562	/	103.212
=	12.96

Autosports Group (ASX:ASG) 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.

Autosports Group Receivables Turnover Related Terms

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Autosports Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autosports Group Ltd (ASX:ASG) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

555 Parramatta Road, Leichhardt, Sydney, NSW, AUS, 2040

Website

https://www.autosportsgroup.com.au

Autosports Group Ltd operates in the retail automotive industry. The core business focuses on the sale of new and used motor vehicles, distribution of finance and insurance products on behalf of retail financiers and automotive insurers. In addition, the company is involved in the sale of aftermarket products and spare parts, motor vehicle servicing and collision repair services. It generates maximum revenue from New and demonstrator vehicles followed by Used vehicles and others. Geographically the group operates in Australia and New Zealand, where the majority revenue is generated from Australia.