Arsagera Management Co JSC (MIC:ARSA) Receivables Turnover: 2.69 (As of Sep. 2023)

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MIC:ARSA Arsagera Management Co JSC MIC:ARSA
17 GF Score
Price ₽5.84
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What is Arsagera Management Co JSC Receivables Turnover?

Arsagera Management Co JSC MIC:ARSA -0.17% 17 Receivables Turnover is 2.69 as of Sep. 2023. GuruFocus rates MIC:ARSA with a GF Score™ of 17/100.

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. Arsagera Management Co JSC's Revenue for the three months ended in Sep. 2023 was ₽20.11 Mil. Arsagera Management Co JSC's average Accounts Receivable for the three months ended in Sep. 2023 was ₽7.49 Mil. Hence, Arsagera Management Co JSC's Receivables Turnover for the three months ended in Sep. 2023 was 2.69.


Arsagera Management Co JSC  (MIC:ARSA) 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.


Arsagera Management Co JSC Receivables Turnover Related Terms


Arsagera Management Co JSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Arsagera Management Co JSC'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.

Arsagera Management Co JSC Receivables Turnover Chart

Arsagera Management Co JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 7.67 5.00 7.87 9.61

Arsagera Management Co JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.19 2.75 2.39 2.52 2.69

MIC:ARSA vs BLK, BX, KKR: Receivables Turnover Comparison

For the Asset Management subindustry, Arsagera Management Co JSC'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.


Arsagera Management Co JSC Receivables Turnover vs Asset Management Industry

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

* The bar in red indicates where Arsagera Management Co JSC's Receivables Turnover falls into.


MIC:ARSA
17GF Score
Arsagera Management Co JSC MIC:ARSA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Arsagera Management Co JSC Receivables Turnover Calculation

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

Arsagera Management Co JSC's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=38.083 / ((4.457 + 3.47) / 2 )
=38.083 / 3.9635
=9.61

Arsagera Management Co JSC's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=20.114 / ((5.91 + 9.07) / 2 )
=20.114 / 7.49
=2.69

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.69 mean?
Arsagera Management Co JSC (MIC:ARSA) has a Receivables Turnover of 2.69 as of Sep. 2023. The accounts 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. View historical data on Arsagera Management Co JSC and its competitors.
Is Arsagera Management Co JSC's Receivables Turnover too high?
Arsagera Management Co JSC's current Receivables Turnover is 2.69. The Asset Management industry median Receivables Turnover is 7.98. Arsagera Management Co JSC's value of 2.69 is 66.3% below this industry median. Overall, Arsagera Management Co JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Arsagera Management Co JSC's Receivables Turnover compare to BLK and BX?
Arsagera Management Co JSC's Receivables Turnover of 2.69 can be compared against companies in the Asset Management industry. The industry median Receivables Turnover is 7.98. Arsagera Management Co JSC's value of 2.69 is 66.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.98, based on 528 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arsagera Management Co JSC's current Receivables Turnover of 2.69 is 66.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Arsagera Management Co JSC and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arsagera Management Co JSC's current Receivables Turnover is 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arsagera Management Co JSC stock overvalued right now?
Arsagera Management Co JSC (MIC:ARSA) has a current Receivables Turnover of 2.69. The current Receivables Turnover is 2.69 and 66.3% below the Asset Management industry median of 7.98. Arsagera Management Co JSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Arsagera Management Co JSC (MIC:ARSA), the current Receivables Turnover is 2.69 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arsagera Management Co JSC Business Description

Address 8 th floor Renaissance, business center, ul. Chatelain, Building 26A, St. Petersburg, RUS, 194021
Arsagera Management Co JSC is a Russian asset management company. It manages three open-ended funds, two intervals and one closed-end mutual investment fund. The company also provides individual trust management services.
17GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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