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Kaddy (ASX:KDY) Receivables Turnover : 2.53 (As of Dec. 2022)


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What is Kaddy 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. Kaddy's Revenue for the six months ended in Dec. 2022 was A$11.84 Mil. Kaddy's average Accounts Receivable for the six months ended in Dec. 2022 was A$4.68 Mil. Hence, Kaddy's Receivables Turnover for the six months ended in Dec. 2022 was 2.53.


Kaddy Receivables Turnover Historical Data

The historical data trend for Kaddy'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.

Kaddy Receivables Turnover Chart

Kaddy Annual Data
Trend Jun12 Jun13 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.49 7.25 9.41 -

Kaddy Semi-Annual Data
Dec12 Jun13 Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 2.97 3.55 2.59 2.53 -

Competitive Comparison of Kaddy's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Kaddy'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.


Kaddy's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kaddy's Receivables Turnover distribution charts can be found below:

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



Kaddy Receivables Turnover Calculation

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

Kaddy'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 )
=0 / ((3.275 + 0) / 1 )
=0 / 3.275
=N/A

Kaddy's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=11.835 / ((3.275 + 6.094) / 2 )
=11.835 / 4.6845
=2.53

* 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.


Kaddy  (ASX:KDY) 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.


Kaddy Receivables Turnover Related Terms

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Kaddy (ASX:KDY) Business Description

Traded in Other Exchanges
N/A
Address
Level 7, 61 York Street, Sydney, NSW, AUS, 2000
Kaddy Ltd is a technology platform that provides beverage suppliers with an end-to-end supply chain solution that allows them to connect with buyers, simplify operations, streamline payments and fulfill trade orders. It operates only in one reportable segment, namely beverage distribution in Australia.

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