AdvancedAdvT (LSE:ADVT) Receivables Turnover : 0.00 (As of Jun. 2023)

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What is AdvancedAdvT 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. AdvancedAdvT's Revenue for the six months ended in Jun. 2023 was £0.00 Mil. AdvancedAdvT's average Accounts Receivable for the six months ended in Jun. 2023 was £0.00 Mil.

AdvancedAdvT Receivables Turnover Historical Data

The historical data trend for AdvancedAdvT'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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AdvancedAdvT Receivables Turnover Chart

AdvancedAdvT Annual Data

Trend

Jun21

Jun22

Receivables Turnover

AdvancedAdvT Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of AdvancedAdvT's Receivables Turnover

For the Software - Application subindustry, AdvancedAdvT'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.

AdvancedAdvT's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, AdvancedAdvT's Receivables Turnover distribution charts can be found below:

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

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AdvancedAdvT Receivables Turnover Calculation

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

AdvancedAdvT's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

	Receivables Turnover (A: Jun. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2022 )	/ (	(Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

AdvancedAdvT's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

AdvancedAdvT (LSE:ADVT) 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.

AdvancedAdvT Receivables Turnover Related Terms

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AdvancedAdvT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AdvancedAdvT Ltd (LSE:ADVT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Buckingham Street, London, GBR, WC2N 6DF

Website

https://www.advancedadvt.com

AdvancedAdvT Ltd is a software solutions provider for the business solutions, healthcare compliance, and human capital management sectors. The software solutions allow organisations to achieve their financial and e-business strategies by driving transformational changes. It provides software solutions and platforms across two business transformational areas namely business solutions & healthcare compliance, and human capital management. The Group's operations are IBSS (financial management software), CHKS (AI-based healthcare intelligence compliance and accreditation software), Retain (global resource planning and talent management software) and WFM (workforce management software provider).

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