MAAS Group Holdings (ASX:MGH) Receivables Turnover : 4.52 (As of Dec. 2024)

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What is MAAS Group Holdings 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. MAAS Group Holdings's Revenue for the six months ended in Dec. 2024 was A$467.8 Mil. MAAS Group Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was A$103.5 Mil. Hence, MAAS Group Holdings's Receivables Turnover for the six months ended in Dec. 2024 was 4.52.

MAAS Group Holdings Receivables Turnover Historical Data

The historical data trend for MAAS Group Holdings'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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MAAS Group Holdings Receivables Turnover Chart

MAAS Group Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

8.57

9.16

8.03

8.04

MAAS Group Holdings Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					4.43	4.28	4.35	4.24	4.52

Competitive Comparison of MAAS Group Holdings's Receivables Turnover

For the Engineering & Construction subindustry, MAAS Group Holdings'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.

MAAS Group Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, MAAS Group Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MAAS Group Holdings's Receivables Turnover falls into.

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MAAS Group Holdings Receivables Turnover Calculation

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

MAAS Group Holdings'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 )
=	895.063	/ (	(119.429	+	103.284)	/	2 )
=	895.063	/	111.3565
=	8.04

MAAS Group Holdings'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 )
=	467.796	/ (	(103.284	+	103.651)	/	2 )
=	467.796	/	103.4675
=	4.52

MAAS Group Holdings (ASX:MGH) 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.

MAAS Group Holdings Receivables Turnover Related Terms

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MAAS Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MAAS Group Holdings Ltd (ASX:MGH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

20L Sheraton Road, Dubbo, NSW, AUS, 2830

Website

https://www.maasgroup.com.au

MAAS Group Holdings Ltd is an industrial service and real estate business with exposure across the property, civil, infrastructure, renewable energy, and mining sectors. The company's operating segments include Construction Materials; Residential Real Estate; Civil, Construction and Hire; Commercial Real Estate; Manufacturing; and Others. It generates maximum revenue from the Construction Materials segment which provides various services like supply of quarry materials to construction projects, mobile crushing and screening for quarries, civil works and mining, geotechnical services, asphalt services, and quarry excavation services. Geographically, the company's customers are located across Australia, Vietnam, Indonesia, Mongolia, Papua New Guinea, and New Zealand.

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