AVGPF (Avesco Group) Receivables Turnover : 2.47 (As of Mar. 2016)

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What is Avesco Group 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. Avesco Group's Revenue for the six months ended in Mar. 2016 was $103.94 Mil. Avesco Group's average Accounts Receivable for the six months ended in Mar. 2016 was $42.10 Mil. Hence, Avesco Group's Receivables Turnover for the six months ended in Mar. 2016 was 2.47.

Avesco Group Receivables Turnover Historical Data

The historical data trend for Avesco Group'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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Avesco Group Receivables Turnover Chart

Avesco Group Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Receivables Turnover

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8.31

7.85

6.89

8.27

6.32

Avesco Group Semi-Annual Data
	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16
Receivables Turnover	Get a 7-Day Free Trial															2.95	2.67	2.80	2.45	2.47

Competitive Comparison of Avesco Group's Receivables Turnover

For the Broadcasting subindustry, Avesco Group'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.

Avesco Group's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Avesco Group's Receivables Turnover distribution charts can be found below:

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

Avesco Group Receivables Turnover Calculation

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

Avesco Group's Receivables Turnover for the fiscal year that ended in Sep. 2015 is calculated as

	Receivables Turnover (A: Sep. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2015 )	/ (	(Accounts Receivable (A: Sep. 2014 )	+	Accounts Receivable (A: Sep. 2015 ))	/	count )
=	205.021	/ (	(25.249	+	39.663)	/	2 )
=	205.021	/	32.456
=	6.32

Avesco Group's Receivables Turnover for the quarter that ended in Mar. 2016 is calculated as

	Receivables Turnover (Q: Mar. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2016 )	/ (	(Accounts Receivable (Q: Sep. 2015 )	+	Accounts Receivable (Q: Mar. 2016 ))	/	count )
=	103.942	/ (	(39.663	+	44.534)	/	2 )
=	103.942	/	42.0985
=	2.47

Avesco Group (OTCPK:AVGPF) 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.

Avesco Group Receivables Turnover Related Terms

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Avesco Group Business Description

Industry

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Address

Website

http://www.avesco.com

Avesco Group PLC was incorporated on February 2, 1984. The Company provides services to the corporate presentation, entertainment and broadcast markets. Its operating business segments are Creative Technology, Full Service and Broadcast Services. The creative technology provides specialist AV services and equipment to the live events, broadcast and entertainment markets. The full service segment provides full technical support for conferences, sports, music, corporate and television programs. The broadcast services segment provides broadcast equipment, systems and services to the broadcast industry. The Company has operations in the United Kingdom, Mainland Europe, United States of America, and other part of the World.

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