AOTI (LSE:AOTI) Receivables Turnover : 4.07 (As of Jun. 2024)

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What is AOTI 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. AOTI's Revenue for the six months ended in Jun. 2024 was £20.70 Mil. AOTI's average Accounts Receivable for the six months ended in Jun. 2024 was £5.09 Mil. Hence, AOTI's Receivables Turnover for the six months ended in Jun. 2024 was 4.07.

AOTI Receivables Turnover Historical Data

The historical data trend for AOTI'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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AOTI Receivables Turnover Chart

AOTI Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

9.50

10.80

9.37

AOTI Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	-	-	5.03	4.42	4.07

Competitive Comparison of AOTI's Receivables Turnover

For the Medical Devices subindustry, AOTI'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.

AOTI's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AOTI's Receivables Turnover distribution charts can be found below:

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

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AOTI Receivables Turnover Calculation

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

AOTI'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 )
=	34.695	/ (	(3.279	+	4.125)	/	2 )
=	34.695	/	3.702
=	9.37

AOTI's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	20.702	/ (	(4.125	+	6.058)	/	2 )
=	20.702	/	5.0915
=	4.07

AOTI (LSE:AOTI) 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.

AOTI Receivables Turnover Related Terms

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AOTI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AOTI Inc (LSE:AOTI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

3512 Seagate Way, Suite 100, Oceanside, CA, USA, 92056

Website

https://www.aotinc.net

AOTI Inc produces, rents, and sells medical devices to help resolve severe acute and chronic wounds for customers globally. The company provides efficacious topical wound oxygen solutions for use in both the institutional and the home care setting to improve the health, well-being, and independence of patients. Its products include TWO2 Extremity Chamber, TWO2 Multi-Patch.

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