Move Logistics Group (NZSE:MOV) Receivables Turnover : 3.30 (As of Dec. 2023)

Move Logistics Group Receivables Turnover Chart

Move Logistics Group Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Receivables Turnover		Get a 7-Day Free Trial					7.46	7.12	7.75	6.63	6.42

Move Logistics Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.33	2.78	2.97	3.30	3.30

Competitive Comparison of Move Logistics Group's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Move Logistics 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.

Move Logistics Group's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Move Logistics Group's Receivables Turnover distribution charts can be found below:

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

Move Logistics Group Receivables Turnover Calculation

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

Move Logistics Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Move Logistics Group's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

Move Logistics Group  (NZSE:MOV) 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.

Move Logistics Group Receivables Turnover Related Terms

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Move Logistics Group (NZSE:MOV) Business Description