Southern Sun (JSE:SSU) Receivables Turnover : 6.76 (As of Sep. 2024)

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What is Southern Sun 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. Southern Sun's Revenue for the six months ended in Sep. 2024 was R2,966 Mil. Southern Sun's average Accounts Receivable for the six months ended in Sep. 2024 was R439 Mil. Hence, Southern Sun's Receivables Turnover for the six months ended in Sep. 2024 was 6.76.

Southern Sun Receivables Turnover Historical Data

The historical data trend for Southern Sun'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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Southern Sun Receivables Turnover Chart

Southern Sun Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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15.38

6.29

15.88

22.63

25.09

Southern Sun Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial										7.41	8.18	6.83	8.32	6.76

Competitive Comparison of Southern Sun's Receivables Turnover

For the Lodging subindustry, Southern Sun'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.

Southern Sun's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Southern Sun's Receivables Turnover falls into.

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Southern Sun Receivables Turnover Calculation

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

Southern Sun's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	6047	/ (	(258	+	224)	/	2 )
=	6047	/	241
=	25.09

Southern Sun's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	2966	/ (	(224	+	653)	/	2 )
=	2966	/	438.5
=	6.76

Southern Sun (JSE:SSU) 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.

Southern Sun Receivables Turnover Related Terms

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Southern Sun Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Southern Sun Ltd (JSE:SSU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nelson Mandela Square, Maude Streets, 4th Floor, South Tower, Cnr 5th, Sandton, GT, ZAF, 2196

Website

https://www.southernsun.com

Southern Sun Ltd is a South Africa-based company engaged in the hospitality industry. The company's segment includes Manco; Investment properties; Sandton Consortium; SA Portfolio and Offshore. It generates maximum revenue from the SA Portfolio segment. The SA Portfolio consists of the South African hotel operations which are owned within the group and are managed and reported on based on the geographical area in which the hotel is located.

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