Kooth (STU:KO0) Receivables Turnover : 6.00 (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Kooth 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. Kooth's Revenue for the six months ended in Jun. 2024 was €38.41 Mil. Kooth's average Accounts Receivable for the six months ended in Jun. 2024 was €6.40 Mil. Hence, Kooth's Receivables Turnover for the six months ended in Jun. 2024 was 6.00.

Kooth Receivables Turnover Historical Data

The historical data trend for Kooth'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.

Kooth Receivables Turnover Chart

Kooth Annual Data

Trend

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

9.53

8.89

11.30

14.60

9.66

Kooth Semi-Annual Data
	Dec17	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial							4.24	5.88	8.15	5.72	6.00

Competitive Comparison of Kooth's Receivables Turnover

For the Health Information Services subindustry, Kooth'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.

Kooth's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kooth's Receivables Turnover distribution charts can be found below:

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

Kooth Receivables Turnover Calculation

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

Kooth's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	38.696	/ (	(1.276	+	6.734)	/	2 )
=	38.696	/	4.005
=	9.66

Kooth's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	38.406	/ (	(6.734	+	6.061)	/	2 )
=	38.406	/	6.3975
=	6.00

Kooth (STU:KO0) 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.

Kooth Receivables Turnover Related Terms

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

Kooth Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kooth PLC (STU:KO0) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KOO:UK

Address

5 Merchant Square, London, GBR, W2 1AY

Website

https://www.koothplc.com

Kooth PLC is a digital mental health provider to the NHS for children and young people by providing a broad range of therapeutic tools and interventions. The company's online platform provides Self-help tools and content, Community for Peer-to-Peer Support and Professional Counselling. It provides individuals with free access to mental health support, funded by healthcare systems, insurers, businesses or charities. The company's operations take place in the UK and the United States.

Kooth Headlines

No Headlines