Centum Investment Co (NAI:CTUM) Receivables Turnover : 9.17 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is Centum Investment Co 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. Centum Investment Co's Revenue for the six months ended in Sep. 2023 was KES5,453 Mil. Centum Investment Co's average Accounts Receivable for the six months ended in Sep. 2023 was KES595 Mil. Hence, Centum Investment Co's Receivables Turnover for the six months ended in Sep. 2023 was 9.17.

Centum Investment Co Receivables Turnover Historical Data

The historical data trend for Centum Investment Co'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.

* Premium members only.

Centum Investment Co Receivables Turnover Chart

Centum Investment Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

3.47

3.66

4.50

10.50

15.62

Centum Investment Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															-	13.96	5.53	10.94	9.17

Competitive Comparison of Centum Investment Co's Receivables Turnover

For the Capital Markets subindustry, Centum Investment Co'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.

Centum Investment Co's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Centum Investment Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Centum Investment Co's Receivables Turnover falls into.

Centum Investment Co Receivables Turnover Calculation

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

Centum Investment Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	11036.085	/ (	(818.656	+	594.854)	/	2 )
=	11036.085	/	706.755
=	15.62

Centum Investment Co's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	5453.483	/ (	(594.854	+	0)	/	1 )
=	5453.483	/	594.854
=	9.17

Centum Investment Co (NAI:CTUM) 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.

Centum Investment Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Centum Investment Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Centum Investment Co (NAI:CTUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Centum Investment Co Ltd (NAI:CTUM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Limuru Road, Two Rivers Office Towers, P.O. Box 10518, 9th Floor, South Tower, Nairobi, KEN, 00100

Website

https://www.centum.co.ke

Centum Investment Co Ltd is an investment company that provides access to a portfolio of inaccessible, quality, diversified investments to investors. Its objective is to consistently generate market-beating returns by building extraordinary enterprises throughout Africa. The company's operating segment include Private Equity; Real Estate and Marketable securities. The Private Equity segment includes publishing, financial services, and utility companies as well as also responsible for managing Development Portfolio. The Marketable securities segment includes dividend and interest income, real estate sales and proceeds from exits in the private equity and marketable securities portfolios and the Real Estate segment includes developments in East Africa.

Centum Investment Co (NAI:CTUM) Headlines

No Headlines