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Norman Broadbent (LSE:NBB) Receivables Turnover : 2.86 (As of Dec. 2024)


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What is Norman Broadbent 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. Norman Broadbent's Revenue for the six months ended in Dec. 2024 was £5.88 Mil. Norman Broadbent's average Accounts Receivable for the six months ended in Dec. 2024 was £2.06 Mil. Hence, Norman Broadbent's Receivables Turnover for the six months ended in Dec. 2024 was 2.86.


Norman Broadbent Receivables Turnover Historical Data

The historical data trend for Norman Broadbent'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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Norman Broadbent Receivables Turnover Chart

Norman Broadbent Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 4.12 4.50 5.27 5.04

Norman Broadbent Semi-Annual Data
Jun15 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.31 2.30 2.20 2.08 2.86

Competitive Comparison of Norman Broadbent's Receivables Turnover

For the Staffing & Employment Services subindustry, Norman Broadbent'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.


Norman Broadbent's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Norman Broadbent's Receivables Turnover distribution charts can be found below:

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


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Norman Broadbent Receivables Turnover Calculation

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

Norman Broadbent's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=10.919 / ((2.536 + 1.796) / 2 )
=10.919 / 2.166
=5.04

Norman Broadbent'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 )
=5.877 / ((2.315 + 1.796) / 2 )
=5.877 / 2.0555
=2.86

* 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.


Norman Broadbent  (LSE:NBB) 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.


Norman Broadbent Receivables Turnover Related Terms

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Norman Broadbent Business Description

Traded in Other Exchanges
N/A
Address
68 King William Street, London, GBR, EC4N 7HR
Norman Broadbent PLC is a UK-based company engaged in providing talent acquisition and advisory services. The company offers Board and Leadership/Executive Search, Senior Interim Management, Research and Insight, Leadership Consulting and Assessment, and executive-level Recruitment Solutions. Geographically, it derives a majority of its revenue from the United Kingdom and search segment.

Norman Broadbent Headlines