New Frontier Properties (JSE:NFP) Receivables Turnover : 0.62 (As of May. 2020)

View and export this data going back to 2015. Start your Free Trial

What is New Frontier Properties 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. New Frontier Properties's Revenue for the three months ended in May. 2020 was R38.0 Mil. New Frontier Properties's average Accounts Receivable for the three months ended in May. 2020 was R61.5 Mil. Hence, New Frontier Properties's Receivables Turnover for the three months ended in May. 2020 was 0.62.

New Frontier Properties Receivables Turnover Historical Data

The historical data trend for New Frontier Properties'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.

New Frontier Properties Receivables Turnover Chart

New Frontier Properties Annual Data

Trend

Dec14

Aug16

Aug17

Aug18

Aug19

Receivables Turnover

6.99

5.50

24.18

36.93

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Receivables Turnover	Get a 7-Day Free Trial															0.68	1.12	2.11	0.63	0.62

Competitive Comparison of New Frontier Properties's Receivables Turnover

For the REIT - Retail subindustry, New Frontier Properties'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.

New Frontier Properties's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where New Frontier Properties's Receivables Turnover falls into.

New Frontier Properties Receivables Turnover Calculation

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

New Frontier Properties's Receivables Turnover for the fiscal year that ended in Aug. 2019 is calculated as

	Receivables Turnover (A: Aug. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2019 )	/ (	(Accounts Receivable (A: Aug. 2018 )	+	Accounts Receivable (A: Aug. 2019 ))	/	count )
=	271.727	/ (	(11.008	+	3.706)	/	2 )
=	271.727	/	7.357
=	36.93

New Frontier Properties's Receivables Turnover for the quarter that ended in May. 2020 is calculated as

	Receivables Turnover (Q: May. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: May. 2020 )	/ (	(Accounts Receivable (Q: Feb. 2020 )	+	Accounts Receivable (Q: May. 2020 ))	/	count )
=	37.978	/ (	(79.52	+	43.413)	/	2 )
=	37.978	/	61.4665
=	0.62

New Frontier Properties (JSE:NFP) 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.

New Frontier Properties Receivables Turnover Related Terms

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

New Frontier Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS

Website

http://newfrontierprop.com

New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

New Frontier Properties Headlines

No Headlines