RPMGlobal Holdings (FRA:4Q3) Receivables Turnover : 2.10 (As of Dec. 2023)

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What is RPMGlobal 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. RPMGlobal Holdings's Revenue for the six months ended in Dec. 2023 was €32.39 Mil. RPMGlobal Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was €15.46 Mil. Hence, RPMGlobal Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.10.

RPMGlobal Holdings Receivables Turnover Historical Data

The historical data trend for RPMGlobal 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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RPMGlobal Holdings Receivables Turnover Chart

RPMGlobal Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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3.47

4.11

4.44

4.52

4.02

RPMGlobal Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.46	2.12	2.15	2.35	2.10

Competitive Comparison of RPMGlobal Holdings's Receivables Turnover

For the Software - Application subindustry, RPMGlobal 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.

RPMGlobal Holdings's Receivables Turnover Distribution in the Software Industry

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

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

RPMGlobal Holdings Receivables Turnover Calculation

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

RPMGlobal Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	60.318	/ (	(14.879	+	15.112)	/	2 )
=	60.318	/	14.9955
=	4.02

RPMGlobal Holdings's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	32.387	/ (	(15.112	+	15.801)	/	2 )
=	32.387	/	15.4565
=	2.10

RPMGlobal Holdings (FRA:4Q3) 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.

RPMGlobal Holdings Receivables Turnover Related Terms

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RPMGlobal Holdings (FRA:4Q3) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » RPMGlobal Holdings Ltd (FRA:4Q3) » Definitions » Receivables Turnover

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RPGHF:USA RUL:Australia

Address

310 Ann Street, Level 14, Brisbane, QLD, AUS, 4000

Website

https://www.rpmglobal.com

RPMGlobal Holdings Ltd engages in the provision of advisory consulting, technology, and professional development solutions to the mining industry. Its segments include Software Division and Advisory Division Software Division which accounts for majority revenue provides software offerings, including maintenance, training and implementation services to mining companies. Advisory Division provides consulting and advisory services, which cover technical and economic analysis, and assessment of mining activities and resources on behalf of mining companies, to mining companies and projects.

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