Saunders International (ASX:SND) Receivables Turnover : 5.80 (As of Jun. 2024)

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What is Saunders International 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. Saunders International's Revenue for the six months ended in Jun. 2024 was A$111.7 Mil. Saunders International's average Accounts Receivable for the six months ended in Jun. 2024 was A$19.2 Mil. Hence, Saunders International's Receivables Turnover for the six months ended in Jun. 2024 was 5.80.

Saunders International Receivables Turnover Historical Data

The historical data trend for Saunders International'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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Saunders International Receivables Turnover Chart

Saunders International Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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6.10

8.60

6.63

7.71

8.85

Saunders International Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial															4.91	4.28	5.73	5.80	5.80

Competitive Comparison of Saunders International's Receivables Turnover

For the Engineering & Construction subindustry, Saunders International'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.

Saunders International's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Saunders International's Receivables Turnover distribution charts can be found below:

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

Saunders International Receivables Turnover Calculation

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

Saunders International'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 )
=	216.079	/ (	(23.191	+	25.624)	/	2 )
=	216.079	/	24.4075
=	8.85

Saunders International's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	111.652	/ (	(12.846	+	25.624)	/	2 )
=	111.652	/	19.235
=	5.80

Saunders International (ASX:SND) 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.

Saunders International Receivables Turnover Related Terms

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Saunders International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Saunders International Ltd (ASX:SND) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Rider Boulevard, Suite 101, Level 1, Rhodes, Sydney, NSW, AUS, 2138

Website

https://www.saundersint.com

Saunders International Ltd is an engineering and construction company. It is engaged in providing design, fabrication, construction, shutdown, maintenance, piping, and industrial automation services to organizations across Australia and the Pacific Region. The company's customers belong to different markets such as Defence and Government, Energy, Water, Resources, and Industrials. The services provided by the firm include tank construction and maintenance, electric instrumentation and automation control design, civil engineering, and others.