Argentex Group (LSE:AGFX) Receivables Turnover : 0.00 (As of Dec. 2024)

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What is Argentex Group 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. Argentex Group's Revenue for the six months ended in Dec. 2024 was £26.40 Mil. Argentex Group's average Accounts Receivable for the six months ended in Dec. 2024 was £0.00 Mil.

Argentex Group Receivables Turnover Historical Data

The historical data trend for Argentex Group'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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Argentex Group Receivables Turnover Chart

Argentex Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Dec24

Receivables Turnover

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96.67

93.67

Argentex Group Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Argentex Group's Receivables Turnover

For the Capital Markets subindustry, Argentex Group'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.

Argentex Group's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argentex Group's Receivables Turnover distribution charts can be found below:

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

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Argentex Group Receivables Turnover Calculation

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

Argentex Group's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	50.3	/ (	(0	+	0)	/	1 )
=	50.3	/	0
=	N/A

Argentex Group's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	26.4	/ (	(0	+	0)	/	1 )
=	26.4	/	0
=	N/A

Argentex Group (LSE:AGFX) 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.

Argentex Group Receivables Turnover Related Terms

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Argentex Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Argentex Group PLC (LSE:AGFX) » Definitions » Receivables Turnover

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Address

25 Argyll Street, London, GBR, W1F 7TU

Website

https://www.argentex.com

Argentex Group PLC is a United Kingdom-based foreign exchange service provider. It operates as a Riskless Principal broker for non-speculative, spot, and forward foreign exchange and structured financial derivative contracts. The company's client base includes institutions and corporates in a range of industries.

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