Embelton (ASX:EMB) Receivables Turnover : 4.11 (As of Dec. 2023)

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What is Embelton 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. Embelton's Revenue for the six months ended in Dec. 2023 was A$40.53 Mil. Embelton's average Accounts Receivable for the six months ended in Dec. 2023 was A$9.87 Mil. Hence, Embelton's Receivables Turnover for the six months ended in Dec. 2023 was 4.11.

Embelton Receivables Turnover Historical Data

The historical data trend for Embelton'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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Embelton Receivables Turnover Chart

Embelton Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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6.27

7.00

6.32

7.44

7.96

Embelton 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															3.68	3.81	4.40	3.67	4.11

Competitive Comparison of Embelton's Receivables Turnover

For the Building Products & Equipment subindustry, Embelton'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.

Embelton's Receivables Turnover Distribution in the Construction Industry

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

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

Embelton Receivables Turnover Calculation

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

Embelton's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	74.308	/ (	(8.808	+	9.855)	/	2 )
=	74.308	/	9.3315
=	7.96

Embelton'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 )
=	40.533	/ (	(9.855	+	9.884)	/	2 )
=	40.533	/	9.8695
=	4.11

Embelton (ASX:EMB) 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.

Embelton Receivables Turnover Related Terms

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Embelton (ASX:EMB) Business Description

Industry

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

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Address

147-149 Bakers Road, Coburg, Melbourne, VIC, AUS, 3058

Website

https://www.embelton.com

Embelton Ltd is engaged in timber flooring, noise, and vibration isolation. Its products are Solid Timber Flooring, Bamboo Flooring, Metal Bending Services, Sports Floors, Metal Fabrication Services, and other related products. The company's projects are The Skyvue. Melbourne Recital Centre, Burswood Towers, Sandridge Bridge, and Seafarers Bridge. Its reportable segments comprise Merchandising, Commercial, and Manufacturing. The company generates a majority of its revenue from the Commercial segment that comprises the sale and installation of flooring and accessory products on commercial projects.