Live Ventures (FRA:UYXP) Receivables Turnover : 2.70 (As of Mar. 2024)

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What is Live Ventures 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. Live Ventures's Revenue for the three months ended in Mar. 2024 was €109.1 Mil. Live Ventures's average Accounts Receivable for the three months ended in Mar. 2024 was €40.4 Mil. Hence, Live Ventures's Receivables Turnover for the three months ended in Mar. 2024 was 2.70.

Live Ventures Receivables Turnover Historical Data

The historical data trend for Live Ventures'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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Live Ventures Receivables Turnover Chart

Live Ventures Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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15.81

11.67

13.11

13.10

10.32

Live Ventures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															3.61	3.19	3.04	2.79	2.70

Competitive Comparison of Live Ventures's Receivables Turnover

For the Home Improvement Retail subindustry, Live Ventures'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.

Live Ventures's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Live Ventures's Receivables Turnover distribution charts can be found below:

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

Live Ventures Receivables Turnover Calculation

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

Live Ventures's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	332.795	/ (	(25.922	+	38.599)	/	2 )
=	332.795	/	32.2605
=	10.32

Live Ventures's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	109.136	/ (	(38.835	+	41.869)	/	2 )
=	109.136	/	40.352
=	2.70

Live Ventures (FRA:UYXP) 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.

Live Ventures Receivables Turnover Related Terms

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Live Ventures (FRA:UYXP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Live Ventures Inc (FRA:UYXP) » Definitions » Receivables Turnover

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LIVE:USA

Address

325 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119

Website

https://www.liveventures.com

Live Ventures Inc is a holding company for diversified businesses. It is focused on acquiring and operating profitable companies in various industries. The company operates in the business segments of Retail, which includes direct sales of entertainment and appliance products and services, Flooring Manufacturing, Steel Manufacturing, which includes the sale of steel plates, ground flat stock, and drill rods, and Corporate and Other. It derives key revenue from the Flooring Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.

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