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Vysarn (ASX:VYS) Receivables Turnover : 2.93 (As of Jun. 2024)


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What is Vysarn 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. Vysarn's Revenue for the six months ended in Jun. 2024 was A$37.00 Mil. Vysarn's average Accounts Receivable for the six months ended in Jun. 2024 was A$12.63 Mil. Hence, Vysarn's Receivables Turnover for the six months ended in Jun. 2024 was 2.93.


Vysarn Receivables Turnover Historical Data

The historical data trend for Vysarn'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.

Vysarn Receivables Turnover Chart

Vysarn Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 6.67 8.44 7.93 5.62

Vysarn 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 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 5.14 4.41 4.08 4.08 2.93

Competitive Comparison of Vysarn's Receivables Turnover

For the Engineering & Construction subindustry, Vysarn'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.


Vysarn's Receivables Turnover Distribution in the Construction Industry

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

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



Vysarn Receivables Turnover Calculation

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

Vysarn'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 )
=75.885 / ((10.396 + 16.586) / 2 )
=75.885 / 13.491
=5.62

Vysarn'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 )
=37.002 / ((8.672 + 16.586) / 2 )
=37.002 / 12.629
=2.93

* 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.


Vysarn  (ASX:VYS) 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.


Vysarn Receivables Turnover Related Terms

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Vysarn Business Description

Traded in Other Exchanges
N/A
Address
Level 1, 640 Murray Street, West Perth, Perth, WA, AUS, 6005
Vysarn Ltd provides water and environmental services in Western Australia. The company's segments are Pentium Hydro, Project Engineering, Pentium Test Pumping, Pentium Water, and Others. The company generates revenue from Drilling services, Engineering Services, Dry-hire, Test Pumping Services and Consultancy Services. The company focuses on resources, construction, and utility industries.

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