GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » City Lodge Hotels Ltd (JSE:CLH) » Definitions » Receivables Turnover

City Lodge Hotels (JSE:CLH) Receivables Turnover : 15.35 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is City Lodge Hotels 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. City Lodge Hotels's Revenue for the six months ended in Dec. 2023 was R1,003 Mil. City Lodge Hotels's average Accounts Receivable for the six months ended in Dec. 2023 was R65 Mil. Hence, City Lodge Hotels's Receivables Turnover for the six months ended in Dec. 2023 was 15.35.


City Lodge Hotels Receivables Turnover Historical Data

The historical data trend for City Lodge Hotels'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.

City Lodge Hotels Receivables Turnover Chart

City Lodge Hotels Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.78 24.09 27.85 34.10 30.36

City Lodge Hotels 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 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 17.75 16.97 14.08 12.47 15.35

Competitive Comparison of City Lodge Hotels's Receivables Turnover

For the Lodging subindustry, City Lodge Hotels'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.


City Lodge Hotels's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, City Lodge Hotels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where City Lodge Hotels's Receivables Turnover falls into.



City Lodge Hotels Receivables Turnover Calculation

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

City Lodge Hotels's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=1714.729 / ((47.164 + 65.783) / 2 )
=1714.729 / 56.4735
=30.36

City Lodge Hotels'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 )
=1002.532 / ((65.783 + 64.853) / 2 )
=1002.532 / 65.318
=15.35

* 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.


City Lodge Hotels  (JSE:CLH) 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.


City Lodge Hotels Receivables Turnover Related Terms

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


City Lodge Hotels (JSE:CLH) Business Description

Traded in Other Exchanges
Address
Corner Homestead Avenue and Main Road, The Lodge, Bryanston Gate Office Park, Bryanston, Johannesburg, GT, ZAF, 2191
City Lodge Hotels Ltd is a provider of lodging facilities in South Africa. The company's operating segment includes City Lodge; Town Lodge; Road Lodge; Courtyard Hotel; Central Office and the rest of Africa. It generates maximum revenue from the City Lodge segment.