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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. African Dawn Capital's Revenue for the
six
months ended in Aug. 2024 was R6.28 Mil. African Dawn Capital's average Accounts Receivable for the
six
months ended in Aug. 2024 was R7.65 Mil.
Hence, African Dawn Capital's Receivables Turnover for the
six
months ended in Aug. 2024 was 0.82.
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
African Dawn Capital Receivables Turnover Historical Data
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The historical data trend for African Dawn Capital'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.
JSE:ADW vs V, MA, AXP: Receivables Turnover Comparison
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 Receivables Turnover vs 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.
* 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) has a Receivables Turnover of 0.82 as of Aug. 2024. The accounts 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. View historical data on African Dawn Capital and its competitors.
Is African Dawn Capital's Receivables Turnover too high?
African Dawn Capital's current Receivables Turnover is 0.82. The Credit Services industry median Receivables Turnover is 8.81. African Dawn Capital's value of 0.82 is 90.7% below this industry median. Overall, African Dawn Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does African Dawn Capital's Receivables Turnover compare to V and MA?
African Dawn Capital's Receivables Turnover of 0.82 can be compared against companies in the Credit Services industry. The industry median Receivables Turnover is 8.81. African Dawn Capital's value of 0.82 is 90.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Credit Services company?
The median Receivables Turnover among Credit Services companies is 8.81, based on 297 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. African Dawn Capital's current Receivables Turnover of 0.82 is 90.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on African Dawn Capital and its competitors. For the Credit Services industry, the median Receivables Turnover is 8.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Dawn Capital's current Receivables Turnover is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Dawn Capital stock overvalued right now?
African Dawn Capital (JSE:ADW) has a current Receivables Turnover of 0.82. The current Receivables Turnover is 0.82 and 90.7% below the Credit Services industry median of 8.81. African Dawn Capital's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For African Dawn Capital (JSE:ADW), the current Receivables Turnover is 0.82 as of Aug. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management, Microfinance, and Head Office segment. It generates maximum revenue from the Microfinance segment. Geographically, the company operates only in South Africa.
11GF Score
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