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Intelligent Monitoring Group (ASX:IMB) Receivables Turnover : 3.92 (As of Dec. 2024)


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What is Intelligent Monitoring 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. Intelligent Monitoring Group's Revenue for the six months ended in Dec. 2024 was A$80.8 Mil. Intelligent Monitoring Group's average Accounts Receivable for the six months ended in Dec. 2024 was A$20.6 Mil. Hence, Intelligent Monitoring Group's Receivables Turnover for the six months ended in Dec. 2024 was 3.92.


Intelligent Monitoring Group Receivables Turnover Historical Data

The historical data trend for Intelligent Monitoring 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.

* Premium members only.

Intelligent Monitoring Group Receivables Turnover Chart

Intelligent Monitoring 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 9.61 9.27 8.74 8.79 10.37

Intelligent Monitoring Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 4.94 4.36 4.75 3.47 3.92

Competitive Comparison of Intelligent Monitoring Group's Receivables Turnover

For the Security & Protection Services subindustry, Intelligent Monitoring 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.


Intelligent Monitoring Group's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Intelligent Monitoring Group's Receivables Turnover distribution charts can be found below:

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


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Intelligent Monitoring Group Receivables Turnover Calculation

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

Intelligent Monitoring 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 )
=121.796 / ((4.424 + 19.066) / 2 )
=121.796 / 11.745
=10.37

Intelligent Monitoring 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 )
=80.842 / ((19.066 + 22.203) / 2 )
=80.842 / 20.6345
=3.92

* 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.


Intelligent Monitoring Group  (ASX:IMB) 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.


Intelligent Monitoring Group Receivables Turnover Related Terms

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Intelligent Monitoring Group Business Description

Traded in Other Exchanges
N/A
Address
1 Tully Road, Suite 2, East Perth, Perth, WA, AUS, 6004
Intelligent Monitoring Group Ltd is engaged in the provision of security, monitoring and risk management services in Australia. The company provides security services such as security alarm monitoring and installations and security guarding services across Australia. The segments of the company include Monitoring, Protective Services, and Services. The company derives majority of revenue from Monitoring services. Geographically, it generates revenue from Australia.

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