Rotala (LSE:ROL) Receivables Turnover : 11.70 (As of May. 2023)

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What is Rotala 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. Rotala's Revenue for the six months ended in May. 2023 was £52.62 Mil. Rotala's average Accounts Receivable for the six months ended in May. 2023 was £4.50 Mil. Hence, Rotala's Receivables Turnover for the six months ended in May. 2023 was 11.70.

Rotala Receivables Turnover Historical Data

The historical data trend for Rotala'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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Rotala Receivables Turnover Chart

Rotala Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Receivables Turnover

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19.02

20.42

26.72

65.92

76.02

Rotala Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Receivables Turnover	Get a 7-Day Free Trial															4.18	4.61	7.16	8.00	11.70

Competitive Comparison of Rotala's Receivables Turnover

For the Railroads subindustry, Rotala'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.

Rotala's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Rotala's Receivables Turnover distribution charts can be found below:

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

Rotala Receivables Turnover Calculation

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

Rotala's Receivables Turnover for the fiscal year that ended in Nov. 2022 is calculated as

	Receivables Turnover (A: Nov. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2022 )	/ (	(Accounts Receivable (A: Nov. 2021 )	+	Accounts Receivable (A: Nov. 2022 ))	/	count )
=	84.871	/ (	(0.825	+	1.408)	/	2 )
=	84.871	/	1.1165
=	76.02

Rotala's Receivables Turnover for the quarter that ended in May. 2023 is calculated as

	Receivables Turnover (Q: May. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: May. 2023 )	/ (	(Accounts Receivable (Q: Nov. 2022 )	+	Accounts Receivable (Q: May. 2023 ))	/	count )
=	52.62	/ (	(1.408	+	7.589)	/	2 )
=	52.62	/	4.4985
=	11.70

Rotala (LSE:ROL) 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.

Rotala Receivables Turnover Related Terms

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Rotala (LSE:ROL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rotala PLC (LSE:ROL) » Definitions » Receivables Turnover

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Address

Hallbridge Way, Tipton Road, Cross Quays Business Park, Tividale, Oldbury, West Midlands, GBR, B69 3HW

Website

https://www.rotalaplc.com

Rotala PLC is a UK based company, operates commercial and subsidized bus routes for businesses, local authorities, the public, and private individuals. It operates its business through Contracted, Commercial and Charter segments. It has operations across the United Kingdom including, the North West, West Midlands, South West, and Heathrow and Gatwick airports. The Contracted and Charter Services are usually delivered against an agreed service level agreement and the Commercial segment is engaged in providing passenger loading services. The company derives majority of its revenue from the Commercial segment.