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Exemplar REITail (JSE:EXP) Receivables Turnover : 10.28 (As of Aug. 2024)


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What is Exemplar REITail 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. Exemplar REITail's Revenue for the six months ended in Aug. 2024 was R638 Mil. Exemplar REITail's average Accounts Receivable for the six months ended in Aug. 2024 was R62 Mil. Hence, Exemplar REITail's Receivables Turnover for the six months ended in Aug. 2024 was 10.28.


Exemplar REITail Receivables Turnover Historical Data

The historical data trend for Exemplar REITail'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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Exemplar REITail Receivables Turnover Chart

Exemplar REITail Annual Data
Trend Feb15 Feb16 Feb17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 39.70 35.34 37.62 34.45 30.79

Exemplar REITail Semi-Annual Data
Feb15 Feb16 Feb17 Aug17 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 11.44 10.04 9.39 10.64 10.28

Competitive Comparison of Exemplar REITail's Receivables Turnover

For the REIT - Retail subindustry, Exemplar REITail'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.


Exemplar REITail's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Exemplar REITail's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Exemplar REITail's Receivables Turnover falls into.


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Exemplar REITail Receivables Turnover Calculation

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

Exemplar REITail's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=1219.692 / ((41.573 + 37.66) / 2 )
=1219.692 / 39.6165
=30.79

Exemplar REITail's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

Receivables Turnover (Q: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Aug. 2024 ) / ((Accounts Receivable (Q: Feb. 2024 ) + Accounts Receivable (Q: Aug. 2024 )) / count )
=638.471 / ((37.66 + 86.552) / 2 )
=638.471 / 62.106
=10.28

* 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.


Exemplar REITail  (JSE:EXP) 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.


Exemplar REITail Receivables Turnover Related Terms

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Exemplar REITail Business Description

Traded in Other Exchanges
N/A
Address
204 Von Willich Avenue, Clubview, Centurion, Gauteng, ZAF, 0157
Exemplar REITail Ltd is a real estate investment trust which develops, owns, and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders a unique investment opportunity.