Litigation Capital Management (LSE:LIT) Receivables Turnover : 3.90 (As of Dec. 2024)

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What is Litigation Capital Management 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. Litigation Capital Management's Revenue for the six months ended in Dec. 2024 was £12.92 Mil. Litigation Capital Management's average Accounts Receivable for the six months ended in Dec. 2024 was £3.31 Mil. Hence, Litigation Capital Management's Receivables Turnover for the six months ended in Dec. 2024 was 3.90.

Litigation Capital Management Receivables Turnover Historical Data

The historical data trend for Litigation Capital Management'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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Litigation Capital Management Receivables Turnover Chart

Litigation Capital Management Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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3.41

4.18

46.79

81.56

1.90

Litigation Capital Management Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial													1.63	14.30	26.80	-	3.90

Competitive Comparison of Litigation Capital Management's Receivables Turnover

For the Credit Services subindustry, Litigation Capital Management'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.

Litigation Capital Management's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Litigation Capital Management's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Litigation Capital Management's Receivables Turnover falls into.

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Litigation Capital Management Receivables Turnover Calculation

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

Litigation Capital Management's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	6.494	/ (	(1.097	+	5.734)	/	2 )
=	6.494	/	3.4155
=	1.90

Litigation Capital Management'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 )
=	12.919	/ (	(5.734	+	0.895)	/	2 )
=	12.919	/	3.3145
=	3.90

Litigation Capital Management (LSE:LIT) 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.

Litigation Capital Management Receivables Turnover Related Terms

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Litigation Capital Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Litigation Capital Management Ltd (LSE:LIT) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

2 Chifley Square, Level 12, The Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.lcmfinance.com

Litigation Capital Management Ltd is a litigation finance company providing financial and risk management services associated with the legal industry and particularly, disputes including litigation and arbitration. This includes single-case and portfolios; across class actions, commercial claims, claims arising out of insolvency, and international arbitration. Geographically, it derives a majority of revenue from Australia.