Stadio Holdings (JSE:SDO) Receivables Turnover : 3.39 (As of Dec. 2023)

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What is Stadio 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. Stadio Holdings's Revenue for the six months ended in Dec. 2023 was R700 Mil. Stadio Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was R207 Mil. Hence, Stadio Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 3.39.

Stadio Holdings Receivables Turnover Historical Data

The historical data trend for Stadio 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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Stadio Holdings Receivables Turnover Chart

Stadio Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.54

8.41

9.93

8.87

7.96

Stadio Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial												4.30	3.99	3.37	3.80	3.39

Competitive Comparison of Stadio Holdings's Receivables Turnover

For the Education & Training Services subindustry, Stadio 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.

Stadio Holdings's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Stadio Holdings's Receivables Turnover distribution charts can be found below:

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

Stadio Holdings Receivables Turnover Calculation

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

Stadio Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1413.65	/ (	(158.858	+	196.544)	/	2 )
=	1413.65	/	177.701
=	7.96

Stadio Holdings'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 )
=	700.108	/ (	(217.106	+	196.544)	/	2 )
=	700.108	/	206.825
=	3.39

Stadio Holdings (JSE:SDO) 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.

Stadio Holdings Receivables Turnover Related Terms

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Stadio Holdings (JSE:SDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Stadio Holdings Ltd (JSE:SDO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner of Oxford and Queen Streets, Office 101, The Village Square, Durbanville, Cape town, WC, ZAF, 7550

Website

https://www.stadio.co.za

Stadio Holdings Ltd is an investment holding company. It is focused on the acquisition of an investment in, growth, and development of higher education institutions. Some of the institutions are Embury Institute for Higher Education, LISOF Fashion Design School and Retail Education Institute, Milpark Education, and others. The company generates a majority of its revenue in the form of Registration and tuition fees.

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