GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ALE Property Group (ASX:LEP) » Definitions » Receivables Turnover

ALE Property Group (ASX:LEP) Receivables Turnover : 94.88 (As of Jun. 2021)


View and export this data going back to 2003. Start your Free Trial

What is ALE Property 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. ALE Property Group's Revenue for the six months ended in Jun. 2021 was A$31.12 Mil. ALE Property Group's average Accounts Receivable for the six months ended in Jun. 2021 was A$0.33 Mil. Hence, ALE Property Group's Receivables Turnover for the six months ended in Jun. 2021 was 94.88.

ALE Property Group Receivables Turnover Historical Data

The historical data trend for ALE Property 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.

ALE Property Group Receivables Turnover Chart

ALE Property Group Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 212.71 215.17 262.97 479.75 349.01

ALE Property Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 168.28 172.90 237.21 136.91 94.88

Competitive Comparison of ALE Property Group's Receivables Turnover

For the REIT - Hotel & Motel subindustry, ALE Property 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.

ALE Property Group's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ALE Property Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ALE Property Group's Receivables Turnover falls into.


ALE Property Group Receivables Turnover Calculation

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

ALE Property Group's Receivables Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Receivables Turnover (A: Jun. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2021 ) / ((Accounts Receivable (A: Jun. 2020 ) + Accounts Receivable (A: Jun. 2021 )) / count )
=62.473 / ((0.08 + 0.278) / 2 )
=62.473 / 0.179
=349.01

ALE Property Group's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

Receivables Turnover (Q: Jun. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Jun. 2021 )) / count )
=31.12 / ((0.378 + 0.278) / 2 )
=31.12 / 0.328
=94.88

* 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.

ALE Property Group  (ASX:LEP) 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.

ALE Property Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of ALE Property Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

ALE Property Group (ASX:LEP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ALE Property Group (ASX:LEP) » Definitions » Receivables Turnover
Comparable Companies
HST PK XPAR:COVH APLE SHO RHP PEB RLJ TSE:8985 FCPT DRH SVC XHR TSE:3287 INN HKSE:01881 TSE:3478 XKLS:5109 CLDT CPLG
Traded in Other Exchanges
N/A
Address
264 George Street, Level 28:02 Australia Square Tower, Sydney, NSW, AUS, 2000
Website
http://www.alegroup.com.au
ALE Property Group is an internally managed Australian real estate investment trust with a portfolio of 86 freehold pubs across Australia. It is a stapled entity comprising one trust and a company that acts as responsible entity. The portfolio is valued at more than AUD 1 billion: 48% in Victoria, 31% in Queensland, 14% in New South Wales, and small exposures to South Australia and Western Australia. All properties are leased to Australia's largest pub operator, Endeavour Group.

ALE Property Group (ASX:LEP) Headlines

No Headlines