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. Corporate Travel Management's Revenue for the
six
months ended in Dec. 2024 was $208.4 Mil. Corporate Travel Management's average Accounts Receivable for the
six
months ended in Dec. 2024 was $256.2 Mil.
Hence, Corporate Travel Management's Receivables Turnover for the
six
months ended in Dec. 2024 was 0.81.
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.
Corporate Travel Management Receivables Turnover Related Terms
Corporate Travel Management Receivables Turnover Historical Data
* 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.
CTMLF vs TRIP, PRSU, LIND: Receivables Turnover Comparison
For the Travel Services subindustry, Corporate Travel 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.
Corporate Travel Management Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Corporate Travel Management's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Corporate Travel Management's Receivables Turnover falls into.
* 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.
Corporate Travel Management (CTMLF) has a Receivables Turnover of 0.81 as of Dec. 2024. The accounts 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. View historical data on Corporate Travel Management and its competitors.
Is Corporate Travel Management's Receivables Turnover too high?
Corporate Travel Management's current Receivables Turnover is 0.81. The Travel & Leisure industry median Receivables Turnover is 13.91. Corporate Travel Management's value of 0.81 is 94.2% below this industry median. Overall, Corporate Travel Management has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Corporate Travel Management's Receivables Turnover compare to TRIP and PRSU?
Corporate Travel Management's Receivables Turnover of 0.81 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 13.91. Corporate Travel Management's value of 0.81 is 94.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 13.91, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corporate Travel Management's current Receivables Turnover of 0.81 is 94.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Corporate Travel Management and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 13.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporate Travel Management's current Receivables Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Travel Management stock overvalued right now?
Corporate Travel Management (CTMLF) has a current Receivables Turnover of 0.81. The current Receivables Turnover is 0.81 and 94.2% below the Travel & Leisure industry median of 13.91. Corporate Travel Management's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Corporate Travel Management (CTMLF), the current Receivables Turnover is 0.81 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Corporate Travel Management provides travel services for businesses and governments across the Americas, Australia and New Zealand, Europe, and Asia. The group has built scale and breadth through both organic growth and acquisitions. Corporate Travel is currently a top-five corporate travel management company globally based total transaction volumes, but it is a relative minnow in the highly fragmented USD 1 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.
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