Jupiter Fund Management (Jupiter Fund Management) Receivables Turnover : 1.39 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Jupiter Fund Management 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. Jupiter Fund Management's Revenue for the six months ended in Dec. 2023 was $260.0 Mil. Jupiter Fund Management's average Accounts Receivable for the six months ended in Dec. 2023 was $186.5 Mil. Hence, Jupiter Fund Management's Receivables Turnover for the six months ended in Dec. 2023 was 1.39.

Jupiter Fund Management Receivables Turnover Historical Data

The historical data trend for Jupiter Fund Management'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.

Jupiter Fund Management Receivables Turnover Chart

Jupiter Fund Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.87

4.38

5.92

6.95

5.21

Jupiter Fund Management 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															3.77	1.28	1.18	1.47	1.39

Competitive Comparison of Jupiter Fund Management's Receivables Turnover

For the Asset Management subindustry, Jupiter Fund 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.

Jupiter Fund Management's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jupiter Fund Management's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jupiter Fund Management's Receivables Turnover falls into.

Jupiter Fund Management Receivables Turnover Calculation

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

Jupiter Fund Management's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	513.418	/ (	(83.922	+	113.291)	/	2 )
=	513.418	/	98.6065
=	5.21

Jupiter Fund Management'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 )
=	260	/ (	(259.722	+	113.291)	/	2 )
=	260	/	186.5065
=	1.39

Jupiter Fund Management (OTCPK:JFHHF) 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.

Jupiter Fund Management Receivables Turnover Related Terms

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

Jupiter Fund Management (Jupiter Fund Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Jupiter Fund Management PLC (OTCPK:JFHHF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

JUPl:UK JUP:UK 4JF:Germany

Address

70 Victoria Street, The Zig Zag Building, London, GBR, SW1E 6SQ

Website

https://www.jupiteram.com

Jupiter Fund Management PLC is a provider of mutual funds with operations mostly in the United Kingdom. Jupiter also distributes its products through financial centers in Europe and Asia, either in house or through agency relationships. The group has increasingly focused on offering high-performance, outcome-oriented active strategies to drive organic growth. The company measures performance by monitoring its percentage of assets under management above the median over three years. The Group operates principally in the United Kingdom with international operating subsidiaries in Ireland, Hong Kong, Singapore, the United States, Switzerland and Luxembourg, which has branches across Europe.

Jupiter Fund Management (Jupiter Fund Management) Headlines

From GuruFocus

Jupiter Expands in US Institutional Market and Globally With Key Hires

By Business Wire Business Wire • 08-18-2021

Jupiter Further Expands US Commitment; Opens NYC Hub to Strengthen Research and Distribution

By Business Wire Business Wire • 09-27-2021