Duratec (ASX:DUR) Receivables Turnover : 4.70 (As of Dec. 2024)

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What is Duratec 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. Duratec's Revenue for the six months ended in Dec. 2024 was A$287.3 Mil. Duratec's average Accounts Receivable for the six months ended in Dec. 2024 was A$61.2 Mil. Hence, Duratec's Receivables Turnover for the six months ended in Dec. 2024 was 4.70.

Duratec Receivables Turnover Historical Data

The historical data trend for Duratec'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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Duratec Receivables Turnover Chart

Duratec Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

9.76

10.64

10.99

8.24

Duratec Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					7.04	5.53	5.86	4.58	4.70

Competitive Comparison of Duratec's Receivables Turnover

For the Engineering & Construction subindustry, Duratec'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.

Duratec's Receivables Turnover Distribution in the Construction Industry

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

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

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Duratec Receivables Turnover Calculation

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

Duratec'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 )
=	555.792	/ (	(59.922	+	75.042)	/	2 )
=	555.792	/	67.482
=	8.24

Duratec'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 )
=	287.256	/ (	(75.042	+	47.286)	/	2 )
=	287.256	/	61.164
=	4.70

Duratec (ASX:DUR) 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.

Duratec Receivables Turnover Related Terms

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Duratec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Duratec Ltd (ASX:DUR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DURCF:USA H2E:Germany

Address

108 Motivation Drive, Wangara, Perth, WA, AUS, 6065

Website

https://www.duratec.com.au

Duratec Ltd is an investment holding company. The company's operating segment includes Defence; Mining and Industrial; Building and Facades, Energy, and Others. It generates maximum revenue from the Defence segment. The company's services include Asset Protection; Building Refurbishment; Infrastructure Upgrades; Recladding; Durability Engineering; Specialist Access Systems; and Construction and Spatial Integration. The company operates in several sectors that have different business cycles and are geographically spread across all States and Territories in Australia.

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