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NRW Holdings (NRW Holdings) Receivables Turnover : 5.86 (As of Dec. 2023)


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What is NRW Holdings 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. NRW Holdings's Revenue for the six months ended in Dec. 2023 was $955 Mil. NRW Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $163 Mil. Hence, NRW Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 5.86.


NRW Holdings Receivables Turnover Historical Data

The historical data trend for NRW Holdings'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.

NRW Holdings Receivables Turnover Chart

NRW Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.96 17.41 13.87 14.61 22.00

NRW Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.11 5.22 5.24 5.50 5.86

Competitive Comparison of NRW Holdings's Receivables Turnover

For the Engineering & Construction subindustry, NRW Holdings'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.


NRW Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, NRW Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NRW Holdings's Receivables Turnover falls into.



NRW Holdings Receivables Turnover Calculation

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

NRW Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=1789.976 / ((89.953 + 72.767) / 2 )
=1789.976 / 81.36
=22.00

NRW Holdings'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 )
=954.879 / ((72.767 + 253.143) / 2 )
=954.879 / 162.955
=5.86

* 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.


NRW Holdings  (OTCPK:NRWWF) 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.


NRW Holdings Receivables Turnover Related Terms

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NRW Holdings (NRW Holdings) Business Description

Traded in Other Exchanges
Address
181 Great Eastern Highway, Belmont, Perth, WA, AUS, 6104
NRW Holdings Ltd is a provider of diversified contract services to the resources and infrastructure sectors. The company's operating segment includes Civil; Mining and Minerals, Energy and Technologies. It generates maximum revenue from the Mining segment. The Mining business specialises in mine management, contract mining, load and haul, dragline operations, drill and blast, coal handling prep plants, maintenance services and the fabrication of water and service vehicles.

NRW Holdings (NRW Holdings) Headlines

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