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QUILF (Quilter) Receivables Turnover : 4.21 (As of Dec. 2024)


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What is Quilter 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. Quilter's Revenue for the six months ended in Dec. 2024 was $2,590 Mil. Quilter's average Accounts Receivable for the six months ended in Dec. 2024 was $615 Mil. Hence, Quilter's Receivables Turnover for the six months ended in Dec. 2024 was 4.21.


Quilter Receivables Turnover Historical Data

The historical data trend for Quilter'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.

Quilter Receivables Turnover Chart

Quilter Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.97 16.38 - 12.53 12.58

Quilter Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.32 3.37 5.57 6.75 4.21

Competitive Comparison of Quilter's Receivables Turnover

For the Asset Management subindustry, Quilter'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.


Quilter's Receivables Turnover Distribution in the Asset Management Industry

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

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



Quilter Receivables Turnover Calculation

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

Quilter's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=6852.086 / ((564.557 + 524.652) / 2 )
=6852.086 / 544.6045
=12.58

Quilter'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: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=2590.392 / ((706.107 + 524.652) / 2 )
=2590.392 / 615.3795
=4.21

* 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.


Quilter  (OTCPK:QUILF) 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.


Quilter Receivables Turnover Related Terms

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Quilter Business Description

Traded in Other Exchanges
Address
85 Queen Victoria Street, Senator House, London, GBR, EC4V 4AB
Quilter PLC is a United Kingdom-based Asset Management Company engaged in the wealth management business, providing financial advice, investment solutions, and wealth management to customers in the UK and selected international markets. The group operating segments are High Net Worth, Affluent, and Head Office. The High Net Worth segment comprises Quilter Cheviot and Quilter Cheviot Financial Planning. The Affluent segment comprises Quilter Investment Platform, Quilter Investors, and Quilter Financial Planning. The Head Office segment comprises the investment return on centrally held assets, central support function expenses, central core structural borrowings, and certain tax balances. The company derives maximum revenue from the Affluent segment.