Amicorp FS (UK) (LSE:AMIF) Receivables Turnover : 2.83 (As of Dec. 2023)

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What is Amicorp FS (UK) 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. Amicorp FS (UK)'s Revenue for the six months ended in Dec. 2023 was $5.73 Mil. Amicorp FS (UK)'s average Accounts Receivable for the six months ended in Dec. 2023 was $2.02 Mil. Hence, Amicorp FS (UK)'s Receivables Turnover for the six months ended in Dec. 2023 was 2.83.

Amicorp FS (UK) Receivables Turnover Historical Data

The historical data trend for Amicorp FS (UK)'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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Amicorp FS (UK) Receivables Turnover Chart

Amicorp FS (UK) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

7.83

5.85

Amicorp FS (UK) Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			-	-	3.31	5.24	2.83

Competitive Comparison of Amicorp FS (UK)'s Receivables Turnover

For the Asset Management subindustry, Amicorp FS (UK)'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.

Amicorp FS (UK)'s Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Amicorp FS (UK)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Amicorp FS (UK)'s Receivables Turnover falls into.

Amicorp FS (UK) Receivables Turnover Calculation

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

Amicorp FS (UK)'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 )
=	12.814	/ (	(1.521	+	2.86)	/	2 )
=	12.814	/	2.1905
=	5.85

Amicorp FS (UK)'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 )
=	5.727	/ (	(1.186	+	2.86)	/	2 )
=	5.727	/	2.023
=	2.83

Amicorp FS (UK) (LSE:AMIF) 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.

Amicorp FS (UK) Receivables Turnover Related Terms

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Amicorp FS (UK) (LSE:AMIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Amicorp FS (UK) Plc (LSE:AMIF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Lloyd's Avenue, London, GBR, EC3N 3AE

Website

Amicorp FS (UK) Plc is an international specialist fund services group that works with a broad mix of clients including institutional investors, fund managers (private equity, venture capital and real estate) as well as family offices to provide a suite of specialists services across global markets. AMIF operates at a significant scale, providing local and global expertise to over 440 active funds. It provides a comprehensive and tailored range of services which are all underpinned by market-leading technology solutions that support clients across the value chain, from a single point of contact.

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