Janison Education Group (ASX:JAN) Receivables Turnover : 6.22 (As of Dec. 2024)

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What is Janison Education 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. Janison Education Group's Revenue for the six months ended in Dec. 2024 was A$22.69 Mil. Janison Education Group's average Accounts Receivable for the six months ended in Dec. 2024 was A$3.65 Mil. Hence, Janison Education Group's Receivables Turnover for the six months ended in Dec. 2024 was 6.22.

Janison Education Group Receivables Turnover Historical Data

The historical data trend for Janison Education 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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Janison Education Group Receivables Turnover Chart

Janison Education Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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6.06

8.83

8.75

10.70

10.55

Janison Education 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															3.30	3.09	5.79	4.56	6.22

Competitive Comparison of Janison Education Group's Receivables Turnover

For the Software - Application subindustry, Janison Education 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.

Janison Education Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Janison Education Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Janison Education Group's Receivables Turnover falls into.

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Janison Education Group Receivables Turnover Calculation

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

Janison Education 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 )
=	43.06	/ (	(3.305	+	4.858)	/	2 )
=	43.06	/	4.0815
=	10.55

Janison Education 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 )
=	22.694	/ (	(4.858	+	2.442)	/	2 )
=	22.694	/	3.65
=	6.22

Janison Education Group (ASX:JAN) 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.

Janison Education Group Receivables Turnover Related Terms

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Janison Education Group Business Description

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Address

126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.janison.com

Janison Education Group Ltd operates in the education technology sector. Its primary activities include software development and the provision of Software-as-a-Service. The company operates in two segments including Assessment and Solutions. It generates maximum revenue from the Solutions segment, which operates exam enterprise-grade assessment platform technology and event management services for large organizations, national education authorities, and accreditation bodies. The Assessments segment provides exam products, exam items, and associated exam services which are sold to schools, parents, and teachers. Geographically, it derives a majority of its revenue from Australia and New Zealand and also has a presence in Asia and the Rest of the World.

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