Main Street Complex (MAL:MSC) Receivables Turnover : 3.01 (As of Dec. 2023)

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What is Main Street Complex 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. Main Street Complex's Revenue for the six months ended in Dec. 2023 was €0.42 Mil. Main Street Complex's average Accounts Receivable for the six months ended in Dec. 2023 was €0.14 Mil. Hence, Main Street Complex's Receivables Turnover for the six months ended in Dec. 2023 was 3.01.

Main Street Complex Receivables Turnover Historical Data

The historical data trend for Main Street Complex'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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Main Street Complex Receivables Turnover Chart

Main Street Complex Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.15

2.31

3.21

4.64

5.79

Main Street Complex Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial									2.41	2.19	3.32	3.03	3.01

Competitive Comparison of Main Street Complex's Receivables Turnover

For the Real Estate Services subindustry, Main Street Complex'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.

Main Street Complex's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Main Street Complex's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Main Street Complex's Receivables Turnover falls into.

Main Street Complex Receivables Turnover Calculation

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

Main Street Complex's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	0.81	/ (	(0.13	+	0.15)	/	2 )
=	0.81	/	0.14
=	5.79

Main Street Complex's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0.419	/ (	(0.128	+	0.15)	/	2 )
=	0.419	/	0.139
=	3.01

Main Street Complex (MAL:MSC) 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.

Main Street Complex Receivables Turnover Related Terms

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Main Street Complex (MAL:MSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Main Street Complex PLC (MAL:MSC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Antoine De Paule Square, Main Street Complex, Paola, MLT, PLA 1262

Website

https://www.mainstreetcomplex.com

Main Street Complex PLC is a shopping mall in Malta. It operates as a retail and entertainment complex. The mall has several shops all under one roof, all brands Debenhams, Pull & Bear, Pimkie, Peacocks, Accessorize, Sterling Jewellers, and many more. The group offers a computerized hall, cafe, bar and restaurant, car parking facilities, Wi-Fi, and other services.