HealthCo Healthcare and Wellness REIT (ASX:HCW) Receivables Turnover : 7.62 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is HealthCo Healthcare and Wellness REIT 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. HealthCo Healthcare and Wellness REIT's Revenue for the six months ended in Dec. 2023 was A$39.60 Mil. HealthCo Healthcare and Wellness REIT's average Accounts Receivable for the six months ended in Dec. 2023 was A$5.20 Mil. Hence, HealthCo Healthcare and Wellness REIT's Receivables Turnover for the six months ended in Dec. 2023 was 7.62.

HealthCo Healthcare and Wellness REIT Receivables Turnover Historical Data

The historical data trend for HealthCo Healthcare and Wellness REIT'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.

* Premium members only.

HealthCo Healthcare and Wellness REIT Receivables Turnover Chart

HealthCo Healthcare and Wellness REIT Annual Data

Trend

Jun22

Jun23

Receivables Turnover

75.50

34.60

HealthCo Healthcare and Wellness REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	3.75	9.74	9.29	7.75	7.62

Competitive Comparison of HealthCo Healthcare and Wellness REIT's Receivables Turnover

For the REIT - Healthcare Facilities subindustry, HealthCo Healthcare and Wellness REIT'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.

HealthCo Healthcare and Wellness REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, HealthCo Healthcare and Wellness REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HealthCo Healthcare and Wellness REIT's Receivables Turnover falls into.

HealthCo Healthcare and Wellness REIT Receivables Turnover Calculation

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

HealthCo Healthcare and Wellness REIT'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 )
=	40.2	/ (	(0.324	+	2)	/	2 )
=	40.2	/	1.162
=	34.60

HealthCo Healthcare and Wellness REIT'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 )
=	39.6	/ (	(2	+	8.4)	/	2 )
=	39.6	/	5.2
=	7.62

HealthCo Healthcare and Wellness REIT (ASX:HCW) 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.

HealthCo Healthcare and Wellness REIT Receivables Turnover Related Terms

Thank you for viewing the detailed overview of HealthCo Healthcare and Wellness REIT's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

HealthCo Healthcare and Wellness REIT (ASX:HCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HealthCo Healthcare and Wellness REIT (ASX:HCW) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000

Website

https://www.home-co.com.au

HealthCo Healthcare and Wellness REIT are owning and managing a portfolio of commercial health and wellness real estate assets.

HealthCo Healthcare and Wellness REIT (ASX:HCW) Headlines

No Headlines