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Unisync (TSX:UNI) Receivables Turnover : 1.83 (As of Dec. 2024)


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What is Unisync 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. Unisync's Revenue for the three months ended in Dec. 2024 was C$21.36 Mil. Unisync's average Accounts Receivable for the three months ended in Dec. 2024 was C$11.65 Mil. Hence, Unisync's Receivables Turnover for the three months ended in Dec. 2024 was 1.83.


Unisync Receivables Turnover Historical Data

The historical data trend for Unisync'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.

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Unisync Receivables Turnover Chart

Unisync Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.36 8.47 7.70 7.87 7.18

Unisync Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only 1.70 1.78 1.38 1.44 1.83

Competitive Comparison of Unisync's Receivables Turnover

For the Apparel Manufacturing subindustry, Unisync'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.


Unisync's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Unisync's Receivables Turnover distribution charts can be found below:

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


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Unisync Receivables Turnover Calculation

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

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

Receivables Turnover (A: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2024 ) / ((Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Sep. 2024 )) / count )
=89.836 / ((13.051 + 11.976) / 2 )
=89.836 / 12.5135
=7.18

Unisync'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: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=21.358 / ((11.976 + 11.329) / 2 )
=21.358 / 11.6525
=1.83

* 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.


Unisync  (TSX:UNI) 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.


Unisync Receivables Turnover Related Terms

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Unisync Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 1328, Vancouver, BC, CAN, V6C 3E8
Unisync Corp is a provider of corporate apparel and protective garments in the uniform industry. It operates in two main business segments. The Peerless segment manufactures harsh weather outerwear for the Canadian military and other government agencies. The UGL segment is involved in the design, manufacture, and distribution of direct sale uniforms, workwear, image apparel, and related solutions. The company earns maximum revenue from UGL segment. It operates distribution centers in Guelph and Carleton Place, Ontario, Vancouver, British Columbia, Saint-Laurent, Quebec, Farmingdale, New Jersey and Henderson, Nevada.
Executives
Michael James Smith Senior Officer
Renting Gu Director
Charles Michael O'brian Director
Bruce William Aunger Director, Senior Officer
Douglas Francis Good Good Director, Senior Officer

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