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Beacon Lighting Group (ASX:BLX) Receivables Turnover : 14.66 (As of Jun. 2024)


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What is Beacon Lighting 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. Beacon Lighting Group's Revenue for the six months ended in Jun. 2024 was A$158.2 Mil. Beacon Lighting Group's average Accounts Receivable for the six months ended in Jun. 2024 was A$10.8 Mil. Hence, Beacon Lighting Group's Receivables Turnover for the six months ended in Jun. 2024 was 14.66.


Beacon Lighting Group Receivables Turnover Historical Data

The historical data trend for Beacon Lighting 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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Beacon Lighting Group Receivables Turnover Chart

Beacon Lighting Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.05 35.58 38.79 34.33 34.10

Beacon Lighting Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 18.38 18.66 15.37 14.77 14.66

Competitive Comparison of Beacon Lighting Group's Receivables Turnover

For the Specialty Retail subindustry, Beacon Lighting 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.


Beacon Lighting Group's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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



Beacon Lighting Group Receivables Turnover Calculation

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

Beacon Lighting 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 )
=323.063 / ((9.842 + 9.106) / 2 )
=323.063 / 9.474
=34.10

Beacon Lighting Group's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=158.206 / ((12.482 + 9.106) / 2 )
=158.206 / 10.794
=14.66

* 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.


Beacon Lighting Group  (ASX:BLX) 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.


Beacon Lighting Group Receivables Turnover Related Terms

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Beacon Lighting Group Business Description

Traded in Other Exchanges
N/A
Address
295 Whitehorse Road, Level 1, Nunawading, Melbourne, VIC, AUS
Beacon Lighting Group Ltd engages in the sale of lighting. It designs, develops, imports, distributes, merchandises, and sells light fittings, ceiling fans, light globes, and energy products.