OtherLevels Holdings (ASX:OLV) Receivables Turnover : 4.47 (As of Dec. 2019)

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What is OtherLevels 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. OtherLevels Holdings's Revenue for the six months ended in Dec. 2019 was A$2.58 Mil. OtherLevels Holdings's average Accounts Receivable for the six months ended in Dec. 2019 was A$0.58 Mil. Hence, OtherLevels Holdings's Receivables Turnover for the six months ended in Dec. 2019 was 4.47.

OtherLevels Holdings Receivables Turnover Historical Data

The historical data trend for OtherLevels 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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OtherLevels Holdings Receivables Turnover Chart

OtherLevels Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Receivables Turnover

3.08

6.91

11.51

17.63

9.53

OtherLevels Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Receivables Turnover	Get a 7-Day Free Trial					12.76	7.95	9.64	8.07	4.47

Competitive Comparison of OtherLevels Holdings's Receivables Turnover

For the Software - Infrastructure subindustry, OtherLevels 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.

OtherLevels Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, OtherLevels Holdings's Receivables Turnover distribution charts can be found below:

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

OtherLevels Holdings Receivables Turnover Calculation

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

OtherLevels Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2019 is calculated as

	Receivables Turnover (A: Jun. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2019 )	/ (	(Accounts Receivable (A: Jun. 2018 )	+	Accounts Receivable (A: Jun. 2019 ))	/	count )
=	5.378	/ (	(0.47	+	0.659)	/	2 )
=	5.378	/	0.5645
=	9.53

OtherLevels Holdings's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

	Receivables Turnover (Q: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2019 )	/ (	(Accounts Receivable (Q: Jun. 2019 )	+	Accounts Receivable (Q: Dec. 2019 ))	/	count )
=	2.584	/ (	(0.659	+	0.496)	/	2 )
=	2.584	/	0.5775
=	4.47

OtherLevels Holdings (ASX:OLV) 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.

OtherLevels Holdings Receivables Turnover Related Terms

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OtherLevels Holdings Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

235 Edward Street, Level 1, Brisbane, QLD, AUS, 4000

Website

http://www.otherlevels.com

OtherLevels Holdings Ltd provides mobile marketing solutions. It operates a digital marketing Software-as-a-Service business that enables enterprises to communicate with its users on mobile and smart devices. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Australia and the United States. The company generates revenue from Licences; Managed Services; Professional Services and Other income. It provides platforms such as Web and App Messaging, Location Messaging, Event Messaging, Intelligent Messaging, and In-Play Messaging.

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