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Skyline Investments (XTAE:SKLN) Receivables Turnover : 3.31 (As of Dec. 2024)


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What is Skyline 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. Skyline Investments's Revenue for the three months ended in Dec. 2024 was ₪63.1 Mil. Skyline Investments's average Accounts Receivable for the three months ended in Dec. 2024 was ₪19.0 Mil. Hence, Skyline Investments's Receivables Turnover for the three months ended in Dec. 2024 was 3.31.


Skyline Investments Receivables Turnover Historical Data

The historical data trend for Skyline 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.

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Skyline Investments Receivables Turnover Chart

Skyline Investments 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 16.74 29.54 21.64 19.09 17.68

Skyline Investments Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.53 1.99 2.92 4.41 3.31

Competitive Comparison of Skyline Investments's Receivables Turnover

For the Lodging subindustry, Skyline 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.


Skyline Investments's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Skyline Investments's Receivables Turnover distribution charts can be found below:

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


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Skyline Investments Receivables Turnover Calculation

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

Skyline Investments'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 )
=301.722 / ((18.434 + 15.691) / 2 )
=301.722 / 17.0625
=17.68

Skyline Investments'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 )
=63.105 / ((22.39 + 15.691) / 2 )
=63.105 / 19.0405
=3.31

* 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.


Skyline Investments  (XTAE:SKLN) 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.


Skyline Investments Receivables Turnover Related Terms

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Skyline Investments Business Description

Traded in Other Exchanges
N/A
Address
41-43 Colborne Street, Suite 300, Toronto, ON, CAN, M5E 1E3
Skyline Investments Inc is a Canada-based company that operates in hospitality real estate investments in the United States and Canada. The company and its subsidiaries are involved in the acquisition, ownership, and development of hospitality and destination communities in Ontario and the United States. Its business segment comprises US hotels and resorts, Canadian hotels and resorts, and Development. It generates maximum revenue from the US hotels and resorts segment.

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