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Gumtree Australia Markets (ASX:GUM) Receivables Turnover : 8.11 (As of Dec. 2024)


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What is Gumtree Australia Markets 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. Gumtree Australia Markets's Revenue for the six months ended in Dec. 2024 was A$42.56 Mil. Gumtree Australia Markets's average Accounts Receivable for the six months ended in Dec. 2024 was A$5.25 Mil. Hence, Gumtree Australia Markets's Receivables Turnover for the six months ended in Dec. 2024 was 8.11.


Gumtree Australia Markets Receivables Turnover Historical Data

The historical data trend for Gumtree Australia Markets'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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Gumtree Australia Markets Receivables Turnover Chart

Gumtree Australia Markets Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial 9.67 10.67 12.60 22.00 15.53

Gumtree Australia Markets Semi-Annual Data
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 3.47 4.27 8.40 7.08 8.11

Competitive Comparison of Gumtree Australia Markets's Receivables Turnover

For the Internet Content & Information subindustry, Gumtree Australia Markets'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.


Gumtree Australia Markets's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gumtree Australia Markets's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gumtree Australia Markets's Receivables Turnover falls into.


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Gumtree Australia Markets Receivables Turnover Calculation

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

Gumtree Australia Markets'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 )
=91.466 / ((5.208 + 6.575) / 2 )
=91.466 / 5.8915
=15.53

Gumtree Australia Markets'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 )
=42.558 / ((6.575 + 3.922) / 2 )
=42.558 / 5.2485
=8.11

* 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.


Gumtree Australia Markets  (ASX:GUM) 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.


Gumtree Australia Markets Receivables Turnover Related Terms

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Gumtree Australia Markets Business Description

Traded in Other Exchanges
N/A
Address
28 The Esplanade, Level 11, BGC Building, Perth, WA, AUS, 6000
Gumtree Australia Markets Ltd Market Ltd is engaged in online classifieds, car sales, and Capital market forums.

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