Associated Commercial Co (XMAU:ACC) Receivables Turnover : 0.00 (As of Dec. 2023)

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

What is Associated Commercial Co 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. Associated Commercial Co's Revenue for the three months ended in Dec. 2023 was MUR109.3 Mil. Associated Commercial Co's average Accounts Receivable for the three months ended in Dec. 2023 was MUR0.0 Mil.

Associated Commercial Co Receivables Turnover Historical Data

The historical data trend for Associated Commercial Co'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.

Associated Commercial Co Receivables Turnover Chart

Associated Commercial Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

6.11

6.96

11.87

7.22

Associated Commercial Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial									2.47	-	1.87	1.14	-

Competitive Comparison of Associated Commercial Co's Receivables Turnover

For the Auto Parts subindustry, Associated Commercial Co'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.

Associated Commercial Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Associated Commercial Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Associated Commercial Co's Receivables Turnover falls into.

Associated Commercial Co Receivables Turnover Calculation

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

Associated Commercial Co's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	485.602	/ (	(41.553	+	92.903)	/	2 )
=	485.602	/	67.228
=	7.22

Associated Commercial Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	109.338	/ (	(0	+	0)	/	1 )
=	109.338	/	0
=	N/A

Associated Commercial Co (XMAU:ACC) 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.

Associated Commercial Co Receivables Turnover Related Terms

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

Associated Commercial Co (XMAU:ACC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Associated Commercial Co Ltd (XMAU:ACC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o United Bus Service Ltd., Les Cassis, Port Louis, MUS

Website

https://www.accgroup.mu/acc

Associated Commercial Co Ltd is a dealer of motor vehicles, spare parts, new tyres and accessories. The principal activity of the company is the import and distribution tyres, tubes, flaps and spare parts for commercial vehicles. The company's reportable segments are Vehicles, Batteries and Lubricants, Spare Parts and Tyres. The company generates majority of its revenue from Tyres segment.