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Liontrust Asset Management (CHIX:LIOL) Receivables Turnover : 0.45 (As of Sep. 2024)


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What is Liontrust Asset Management 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. Liontrust Asset Management's Revenue for the six months ended in Sep. 2024 was £87.0 Mil. Liontrust Asset Management's average Accounts Receivable for the six months ended in Sep. 2024 was £191.8 Mil. Hence, Liontrust Asset Management's Receivables Turnover for the six months ended in Sep. 2024 was 0.45.


Liontrust Asset Management Receivables Turnover Historical Data

The historical data trend for Liontrust Asset Management'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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Liontrust Asset Management Receivables Turnover Chart

Liontrust Asset Management Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.76 0.95 1.05 0.87

Liontrust Asset Management Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.53 0.57 0.50 0.46 0.45

Competitive Comparison of Liontrust Asset Management's Receivables Turnover

For the Asset Management subindustry, Liontrust Asset Management'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.


Liontrust Asset Management's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Liontrust Asset Management's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Liontrust Asset Management's Receivables Turnover falls into.


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Liontrust Asset Management Receivables Turnover Calculation

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

Liontrust Asset Management's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=197.889 / ((232.733 + 221.213) / 2 )
=197.889 / 226.973
=0.87

Liontrust Asset Management's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=87.039 / ((221.213 + 162.425) / 2 )
=87.039 / 191.819
=0.45

* 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.


Liontrust Asset Management  (CHIX:LIOl) 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.


Liontrust Asset Management Receivables Turnover Related Terms

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Liontrust Asset Management Business Description

Traded in Other Exchanges
Address
2 Savoy Court, London, GBR, WC2R 0EZ
Liontrust Asset Management PLC operates as an investment management company. It offers products such as Unit Trusts, Offshore funds, Segregated Mandates, and Discretionary Portfolio Management Services. It markets its fund internationally to institutional investors, wealth managers, financial advisers, private investors, and wholesale markets such as family offices, private banks, wealth managers, and multi-managers. The company's geographical segments are the United Kingdom, Europe (excluding the UK), Canada, and Australia.

Liontrust Asset Management Headlines

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