Booz Allen Hamilton Holding (LTS:0HOT) Receivables Turnover : 3.86 (As of Mar. 2024)

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What is Booz Allen Hamilton Holding 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. Booz Allen Hamilton Holding's Revenue for the three months ended in Mar. 2024 was $2,771 Mil. Booz Allen Hamilton Holding's average Accounts Receivable for the three months ended in Mar. 2024 was $719 Mil. Hence, Booz Allen Hamilton Holding's Receivables Turnover for the three months ended in Mar. 2024 was 3.86.

Booz Allen Hamilton Holding Receivables Turnover Historical Data

The historical data trend for Booz Allen Hamilton Holding'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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Booz Allen Hamilton Holding Receivables Turnover Chart

Booz Allen Hamilton Holding Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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15.40

18.49

19.90

18.21

17.04

Booz Allen Hamilton Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															4.14	4.09	3.74	3.63	3.86

Competitive Comparison of Booz Allen Hamilton Holding's Receivables Turnover

For the Consulting Services subindustry, Booz Allen Hamilton Holding'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.

Booz Allen Hamilton Holding's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Booz Allen Hamilton Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Booz Allen Hamilton Holding's Receivables Turnover falls into.

Booz Allen Hamilton Holding Receivables Turnover Calculation

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

Booz Allen Hamilton Holding's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	10661.896	/ (	(551.666	+	700.066)	/	2 )
=	10661.896	/	625.866
=	17.04

Booz Allen Hamilton Holding's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2771.327	/ (	(737.599	+	700.066)	/	2 )
=	2771.327	/	718.8325
=	3.86

Booz Allen Hamilton Holding (LTS:0HOT) 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.

Booz Allen Hamilton Holding Receivables Turnover Related Terms

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Booz Allen Hamilton Holding (LTS:0HOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Booz Allen Hamilton Holding Corp (LTS:0HOT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BAH:USA BAH:Mexico BZ9:Germany

Address

8283 Greensboro Drive, Hamilton Building, McLean, VA, USA, 22102

Website

https://www.boozallen.com

Booz Allen Hamilton Holding Corp is a provider of management consulting services to the U.S. government. Other services offered include technology, such as cloud computing and cybersecurity consulting, and engineering consulting. The consulting services are focused on defense, intelligence, and civil markets. In addition to the U.S. government, Booz Allen Hamilton provides its management and technology consulting services to large corporations, institutions, and nonprofit organizations. The company assists clients in long-term engagements around the globe.

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