StepStone Group (MEX:STEP) Receivables Turnover : 5.30 (As of Dec. 2024)

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What is StepStone Group 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. StepStone Group's Revenue for the three months ended in Dec. 2024 was MXN7,071 Mil. StepStone Group's average Accounts Receivable for the three months ended in Dec. 2024 was MXN1,333 Mil. Hence, StepStone Group's Receivables Turnover for the three months ended in Dec. 2024 was 5.30.

StepStone Group Receivables Turnover Historical Data

The historical data trend for StepStone Group'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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StepStone Group Receivables Turnover Chart

StepStone Group Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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19.76

25.86

40.71

13.55

StepStone Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															-	6.14	3.40	4.44	5.30

Competitive Comparison of StepStone Group's Receivables Turnover

For the Asset Management subindustry, StepStone Group'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.

StepStone Group's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, StepStone Group's Receivables Turnover distribution charts can be found below:

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

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StepStone Group Receivables Turnover Calculation

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

StepStone Group'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 )
=	11810.41	/ (	(801.211	+	942.153)	/	2 )
=	11810.41	/	871.682
=	13.55

StepStone Group'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: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	7070.562	/ (	(1340.969	+	1324.775)	/	2 )
=	7070.562	/	1332.872
=	5.30

StepStone Group (MEX:STEP) 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.

StepStone Group Receivables Turnover Related Terms

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StepStone Group Business Description

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STEP:USA

Address

277 Park Avenue, 45th Floor, New York, NY, USA, 10172

Website

https://www.stepstonegroup.com

StepStone Group Inc operates as a fully integrated private markets solution provider. The company provides customized investment solutions and advisory and data services. It provides investment solutions in the areas of private equity, real estate, private debt, and infrastructure and real assets. The company consists of a single operating segment and a single reportable segment for accounting and financial reporting purposes.