Circle Property (LSE:CRC) Receivables Turnover : 1.80 (As of Sep. 2022)

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What is Circle Property 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. Circle Property's Revenue for the six months ended in Sep. 2022 was £2.42 Mil. Circle Property's average Accounts Receivable for the six months ended in Sep. 2022 was £1.34 Mil. Hence, Circle Property's Receivables Turnover for the six months ended in Sep. 2022 was 1.80.

Circle Property Receivables Turnover Historical Data

The historical data trend for Circle Property'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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Circle Property Receivables Turnover Chart

Circle Property Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Receivables Turnover

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44.21

34.05

12.87

5.92

4.78

Circle Property Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Receivables Turnover	Get a 7-Day Free Trial								3.89	2.65	2.10	3.01	1.80

Competitive Comparison of Circle Property's Receivables Turnover

For the Real Estate Services subindustry, Circle Property'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.

Circle Property's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Circle Property's Receivables Turnover distribution charts can be found below:

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

Circle Property Receivables Turnover Calculation

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

Circle Property's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Receivables Turnover (A: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2022 )	/ (	(Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )
=	7.458	/ (	(1.696	+	1.427)	/	2 )
=	7.458	/	1.5615
=	4.78

Circle Property's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

	Receivables Turnover (Q: Sep. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2022 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Sep. 2022 ))	/	count )
=	2.417	/ (	(1.427	+	1.258)	/	2 )
=	2.417	/	1.3425
=	1.80

Circle Property (LSE:CRC) 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.

Circle Property Receivables Turnover Related Terms

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Circle Property (LSE:CRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Circle Property PLC (LSE:CRC) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

c/o Oak Group (Jersey) Ltd, Castle Street, 3rd Floor, IFC5, St Helier, JEY, JE2 3BY

Website

https://www.circleproperty.co.uk

Circle Property PLC is a property investment company. The company acquires provincial office properties where it can add value by undertaking lease renewals, rent reviews, lettings, and refurbishments. It generates revenue from Rental income. Some of the company's portfolio include Kents Hill Park, Somerset House, One Castlepark, 36 Great Charles Street, Aztec West Business Park, Northampton Business Park, and others. Geographically, it operates only in the United Kingdom.