GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 1834 Investments Ltd (XJAM:1834) » Definitions » Receivables Turnover

1834 Investments (XJAM:1834) Receivables Turnover : 0.22 (As of Sep. 2022)


View and export this data going back to 1969. Start your Free Trial

What is 1834 Investments 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. 1834 Investments's Revenue for the three months ended in Sep. 2022 was JMD5.86 Mil. 1834 Investments's average Accounts Receivable for the three months ended in Sep. 2022 was JMD27.08 Mil. Hence, 1834 Investments's Receivables Turnover for the three months ended in Sep. 2022 was 0.22.


1834 Investments Receivables Turnover Historical Data

The historical data trend for 1834 Investments'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.

1834 Investments Receivables Turnover Chart

1834 Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.05 4.58 4.87 3.75 4.41

1834 Investments Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.24 0.33 0.35 0.31 0.22

Competitive Comparison of 1834 Investments's Receivables Turnover

For the Asset Management subindustry, 1834 Investments'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.


1834 Investments's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 1834 Investments's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 1834 Investments's Receivables Turnover falls into.



1834 Investments Receivables Turnover Calculation

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

1834 Investments's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Receivables Turnover (A: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2022 ) / ((Accounts Receivable (A: Mar. 2021 ) + Accounts Receivable (A: Mar. 2022 )) / count )
=24.34 / ((5.545 + 5.491) / 2 )
=24.34 / 5.518
=4.41

1834 Investments's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=5.864 / ((35.743 + 18.418) / 2 )
=5.864 / 27.0805
=0.22

* 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.


1834 Investments  (XJAM:1834) 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.


1834 Investments Receivables Turnover Related Terms

Thank you for viewing the detailed overview of 1834 Investments's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


1834 Investments (XJAM:1834) Business Description

Traded in Other Exchanges
N/A
Address
7 North Street, P.O. Box 40, Kingston, JAM
1834 Investments Ltd is a Jamaica-based investment management company. The company's main activity is the management of its income-generating real estate, bond, and equity investments. Also, its activities include the management of its joint venture and subsidiary companies. Its equity portfolio comprises a diversified mix of the stocks of local and overseas companies in North America, the United Kingdom, Europe, and Asia.

1834 Investments (XJAM:1834) Headlines

No Headlines