Catalyst Media Group (LSE:CMX) Receivables Turnover : 0.14 (As of Dec. 2023)

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What is Catalyst Media 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. Catalyst Media Group's Revenue for the six months ended in Dec. 2023 was £0.01 Mil. Catalyst Media Group's average Accounts Receivable for the six months ended in Dec. 2023 was £0.09 Mil. Hence, Catalyst Media Group's Receivables Turnover for the six months ended in Dec. 2023 was 0.14.

Catalyst Media Group Receivables Turnover Historical Data

The historical data trend for Catalyst Media 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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Catalyst Media Group Receivables Turnover Chart

Catalyst Media Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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0.44

0.37

Catalyst Media Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.32	0.27	0.24	0.20	0.14

Competitive Comparison of Catalyst Media Group's Receivables Turnover

For the Gambling subindustry, Catalyst Media 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.

Catalyst Media Group's Receivables Turnover Distribution in the Travel & Leisure Industry

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

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

Catalyst Media Group Receivables Turnover Calculation

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

Catalyst Media Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	0.025	/ (	(0.057	+	0.079)	/	2 )
=	0.025	/	0.068
=	0.37

Catalyst Media Group'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 )
=	0.013	/ (	(0.079	+	0.101)	/	2 )
=	0.013	/	0.09
=	0.14

Catalyst Media Group (LSE:CMX) 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.

Catalyst Media Group Receivables Turnover Related Terms

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Catalyst Media Group (LSE:CMX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Catalyst Media Group PLC (LSE:CMX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Quadrant House, Floor 6, 4 Thomas More Square, London, GBR, E1W 1YW

Website

https://www.cmg-plc.com

Catalyst Media Group PLC is primarily engaged in the business of administrative services. Business administrative services focus on managing the strategic investment in SIS. The company provides betting operators with an end-to-end solution of live pictures, data on-screen graphics with betting triggers, and a wide range of markets and prices to drive betting revenues. Its operations include SIS Betting - UK and Ireland Retail, and SIS Betting - International & Online. It provides a core service based on content from Racecourse Media Group horseracing, SIS British Greyhound Service, Irish Horseracing, Chelmsford City Horseracing, 49s, and International Horseracing on mid and long-term agreements to almost the entire UK and Irish retail market.

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