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Australian Oilseeds Holdings (Australian Oilseeds Holdings) Receivables Turnover : 4.80 (As of Jun. 2023)


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What is Australian Oilseeds 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. Australian Oilseeds Holdings's Revenue for the six months ended in Jun. 2023 was $10.96 Mil. Australian Oilseeds Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was $2.28 Mil. Hence, Australian Oilseeds Holdings's Receivables Turnover for the six months ended in Jun. 2023 was 4.80.

Australian Oilseeds Holdings Receivables Turnover Historical Data

The historical data trend for Australian Oilseeds 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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Australian Oilseeds Holdings Receivables Turnover Chart

Australian Oilseeds Holdings Annual Data
Trend Jun21 Jun22
Receivables Turnover
18.32 12.19

Australian Oilseeds Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover - 14.20 4.39 4.46 4.80

Competitive Comparison of Australian Oilseeds Holdings's Receivables Turnover

For the Packaged Foods subindustry, Australian Oilseeds 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.

Australian Oilseeds Holdings's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Oilseeds Holdings's Receivables Turnover distribution charts can be found below:

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


Australian Oilseeds Holdings Receivables Turnover Calculation

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

Australian Oilseeds Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Receivables Turnover (A: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2022 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count )
=17.507 / ((0.513 + 2.359) / 2 )
=17.507 / 1.436
=12.19

Australian Oilseeds Holdings's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=10.963 / ((1.49 + 3.074) / 2 )
=10.963 / 2.282
=4.80

* 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.

Australian Oilseeds Holdings  (NAS:COOT) 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.

Australian Oilseeds Holdings Receivables Turnover Related Terms

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Australian Oilseeds Holdings (Australian Oilseeds Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Oilseeds Holdings Ltd (NAS:COOT) » Definitions » Receivables Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
126 – 142 Cowcumbla Street, PO Box 263, 52 Fuller Drive, Cootamundra, NSW, AUS, 2590
Website
Australian Oilseeds Holdings Ltd through its subsidiaries, is focused on the manufacture and sale of chemical-free, non-GMO, sustainable edible oils and products derived from oilseeds. The company believes that transitioning from a fossil fuel economy to a renewable and chemical-free economy is the solution to many health problems the world is facing presently.

Australian Oilseeds Holdings (Australian Oilseeds Holdings) Headlines

From GuruFocus

Australian Oilseeds, Largest APAC Producer of Non-Chemical, Non-GMO �Cold-Processing� Vegetable Oil, Enters into Contract with Woolworths and Costco Australia.

By Marketwired • 04-25-2024