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Alviva Holdings (JSE:AVV) Receivables Turnover : 3.34 (As of Jun. 2022)


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What is Alviva Holdings 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. Alviva Holdings's Revenue for the six months ended in Jun. 2022 was R11,947 Mil. Alviva Holdings's average Accounts Receivable for the six months ended in Jun. 2022 was R3,580 Mil. Hence, Alviva Holdings's Receivables Turnover for the six months ended in Jun. 2022 was 3.34.


Alviva Holdings Receivables Turnover Historical Data

The historical data trend for Alviva Holdings'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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Alviva Holdings Receivables Turnover Chart

Alviva Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 5.78 5.09 6.00 8.13

Alviva Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 2.97 3.21 3.91 3.34

Competitive Comparison of Alviva Holdings's Receivables Turnover

For the Information Technology Services subindustry, Alviva Holdings'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.


Alviva Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Alviva Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alviva Holdings's Receivables Turnover falls into.



Alviva Holdings Receivables Turnover Calculation

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

Alviva Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Receivables Turnover (A: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2022 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count )
=23429.202 / ((2237.643 + 3525.05) / 2 )
=23429.202 / 2881.3465
=8.13

Alviva Holdings's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=11947.385 / ((3634.728 + 3525.05) / 2 )
=11947.385 / 3579.889
=3.34

* 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.


Alviva Holdings  (JSE:AVV) 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.


Alviva Holdings Receivables Turnover Related Terms

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Alviva Holdings (JSE:AVV) Business Description

Traded in Other Exchanges
N/A
Address
Corner of New Road and 6th Street, International business Gateway Park, P.O. Box 483, Halfway House, Midrand, Johannesburg, GT, ZAF, 1685
Alviva Holdings Ltd provides information technology and communication technology. The company's operating segment includes Information and Communication Technology (ICT) Distribution; Services and Solutions; Financial Services and Central Group Services. It generates maximum revenue from the ICT Distribution segment. ICT Distribution segment which imports ICT hardware and software and sells it into the sub-Saharan African markets. Geographically, it derives a majority of revenue from South Africa.

Alviva Holdings (JSE:AVV) Headlines

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