African Dawn Capital (JSE:ADW) Receivables Turnover : 0.81 (As of Aug. 2023)

African Dawn Capital Receivables Turnover Chart

African Dawn Capital Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Receivables Turnover		Get a 7-Day Free Trial					0.75	1.02	0.98	1.41	1.49

African Dawn Capital 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															0.64	0.63	0.69	0.73	0.81

Competitive Comparison of African Dawn Capital's Receivables Turnover

For the Credit Services subindustry, African Dawn Capital'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.

African Dawn Capital's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, African Dawn Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where African Dawn Capital's Receivables Turnover falls into.

African Dawn Capital Receivables Turnover Calculation

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

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

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

* 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.

African Dawn Capital  (JSE:ADW) 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.

African Dawn Capital Receivables Turnover Related Terms

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African Dawn Capital (JSE:ADW) Business Description