Universal Technical Institute (FRA:UTI) Receivables Turnover : 5.93 (As of Sep. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Universal Technical Institute 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. Universal Technical Institute's Revenue for the three months ended in Sep. 2024 was €176.9 Mil. Universal Technical Institute's average Accounts Receivable for the three months ended in Sep. 2024 was €29.8 Mil. Hence, Universal Technical Institute's Receivables Turnover for the three months ended in Sep. 2024 was 5.93.

Universal Technical Institute Receivables Turnover Historical Data

The historical data trend for Universal Technical Institute'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.

* Premium members only.

Universal Technical Institute Receivables Turnover Chart

Universal Technical Institute Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Receivables Turnover

Get a 7-Day Free Trial

16.62

16.84

25.68

24.29

22.17

Universal Technical Institute Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															6.26	6.59	7.85	6.56	5.93

Competitive Comparison of Universal Technical Institute's Receivables Turnover

For the Education & Training Services subindustry, Universal Technical Institute'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.

Universal Technical Institute's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Universal Technical Institute's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Universal Technical Institute's Receivables Turnover falls into.

Universal Technical Institute Receivables Turnover Calculation

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

Universal Technical Institute's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Receivables Turnover (A: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2024 )	/ (	(Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )
=	660.151	/ (	(27.75	+	31.796)	/	2 )
=	660.151	/	29.773
=	22.17

Universal Technical Institute'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: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	176.919	/ (	(27.892	+	31.796)	/	2 )
=	176.919	/	29.844
=	5.93

Universal Technical Institute (FRA:UTI) 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.

Universal Technical Institute Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Universal Technical Institute's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Universal Technical Institute Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Universal Technical Institute Inc (FRA:UTI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

UTI:USA

Address

4225 East Windrose Drive, Suite 200, Phoenix, AZ, USA, 85032

Website

https://www.uti.edu

Universal Technical Institute Inc is an educational institution. It provides undergraduate degree, as well as certificate programs for technicians in the automotive, diesel, collision repair, motorcycle and marine fields. The company's reportable segment includes Universal Technical Institute (UTI) and Concorde Career Colleges. Majority of the revenue is generated from UTI segment which provides different kinds of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute and others. It also provides dealer technician training or instructor staffing services to manufacturers.