Datatec (Datatec) Receivables Turnover : 1.82 (As of Aug. 2023)

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What is Datatec 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. Datatec's Revenue for the six months ended in Aug. 2023 was $2,763 Mil. Datatec's average Accounts Receivable for the six months ended in Aug. 2023 was $1,520 Mil. Hence, Datatec's Receivables Turnover for the six months ended in Aug. 2023 was 1.82.

Datatec Receivables Turnover Historical Data

The historical data trend for Datatec'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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Datatec Receivables Turnover Chart

Datatec Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Receivables Turnover

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3.54

3.56

3.70

3.90

3.76

Datatec Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Receivables Turnover	Get a 7-Day Free Trial															1.98	1.99	1.88	1.92	1.82

Competitive Comparison of Datatec's Receivables Turnover

For the Information Technology Services subindustry, Datatec'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.

Datatec's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Datatec's Receivables Turnover distribution charts can be found below:

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

Datatec Receivables Turnover Calculation

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

Datatec's Receivables Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Receivables Turnover (A: Feb. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2023 )	/ (	(Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )
=	5143.125	/ (	(1223.824	+	1508.47)	/	2 )
=	5143.125	/	1366.147
=	3.76

Datatec's Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

	Receivables Turnover (Q: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2023 )	/ (	(Accounts Receivable (Q: Feb. 2023 )	+	Accounts Receivable (Q: Aug. 2023 ))	/	count )
=	2762.666	/ (	(1508.47	+	1531.761)	/	2 )
=	2762.666	/	1520.1155
=	1.82

Datatec (OTCPK:DTTLY) 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.

Datatec Receivables Turnover Related Terms

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Datatec (Datatec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Datatec Ltd (OTCPK:DTTLY) » Definitions » Receivables Turnover

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Address

81 Maude Street, 3rd Floor, Sandown Chambers, Sandown Village Office Park, Sandown, Johannesburg, GT, ZAF, 2196

Website

https://www.datatec.co.za

Datatec Ltd is an international information and communications technology solutions company. The company's portfolio of businesses is split into three core divisions: Westcon International: Technology distribution of security and networking products, Logicalis International: ICT infrastructure solutions and services and Logicalis Latin America: ICT infrastructure solutions and services. Technology distribution, which offers services related to cyber security and network infrastructure, contributes the majority of the firm's revenue.

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