Camplify Holdings (ASX:CHL) Receivables Turnover : 0.67 (As of Dec. 2023)

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What is Camplify Holdings 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. Camplify Holdings's Revenue for the six months ended in Dec. 2023 was A$14.41 Mil. Camplify Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$21.38 Mil. Hence, Camplify Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 0.67.

Camplify Holdings Receivables Turnover Historical Data

The historical data trend for Camplify Holdings'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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Camplify Holdings Receivables Turnover Chart

Camplify Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Receivables Turnover

1.09

1.13

1.38

Camplify Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			0.69	0.79	0.42	0.70	0.67

Competitive Comparison of Camplify Holdings's Receivables Turnover

For the Internet Content & Information subindustry, Camplify Holdings'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.

Camplify Holdings's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Camplify Holdings's Receivables Turnover distribution charts can be found below:

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

Camplify Holdings Receivables Turnover Calculation

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

Camplify Holdings'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 )
=	24.237	/ (	(11.132	+	23.931)	/	2 )
=	24.237	/	17.5315
=	1.38

Camplify Holdings'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	14.41	/ (	(23.931	+	18.833)	/	2 )
=	14.41	/	21.382
=	0.67

Camplify Holdings (ASX:CHL) 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.

Camplify Holdings Receivables Turnover Related Terms

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Camplify Holdings (ASX:CHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Camplify Holdings Ltd (ASX:CHL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 Union Street, Wickham, New Castle, NSW, AUS, 2300

Website

https://www.camplify.com.au

Camplify Holdings Ltd is a peer-to-peer digital marketplace platform connecting recreational vehicle owners to Hirers. The company has built a platform that connects RV owners and SMEs with a fleet of recreational vehicles. Its geographical segments are Australia, New Zealand, United Kingdom & Europe.