Eumundi Group (ASX:EBG) Receivables Turnover : 65.74 (As of Dec. 2023)

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What is Eumundi Group 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. Eumundi Group's Revenue for the six months ended in Dec. 2023 was A$13.71 Mil. Eumundi Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.21 Mil. Hence, Eumundi Group's Receivables Turnover for the six months ended in Dec. 2023 was 65.74.

Eumundi Group Receivables Turnover Historical Data

The historical data trend for Eumundi Group'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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Eumundi Group Receivables Turnover Chart

Eumundi Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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251.71

61.34

108.78

169.15

168.60

Eumundi Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															70.75	85.22	44.45	55.48	65.74

Competitive Comparison of Eumundi Group's Receivables Turnover

For the Lodging subindustry, Eumundi Group'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.

Eumundi Group's Receivables Turnover Distribution in the Travel & Leisure Industry

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

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

Eumundi Group Receivables Turnover Calculation

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

Eumundi Group'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 )
=	29.673	/ (	(0.177	+	0.175)	/	2 )
=	29.673	/	0.176
=	168.60

Eumundi Group'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 )
=	13.706	/ (	(0.175	+	0.242)	/	2 )
=	13.706	/	0.2085
=	65.74

Eumundi Group (ASX:EBG) 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.

Eumundi Group Receivables Turnover Related Terms

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Eumundi Group (ASX:EBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Eumundi Group Ltd (ASX:EBG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

161 Cotlew Street, Ashmore Tavern, Ashmore, QLD, AUS, 4214

Website

https://www.eumundigroup.com.au

Eumundi Group Ltd operates public hotels with bar, bistro, and gaming facilities and conducts commercial and retail liquor sales. The company's operating segments include Hotel operations and Investment property operations. It generates a majority of its revenue from the Hotel operations segment. The hotel operations segment sells packaged alcoholic beverages through its retail outlets, sells food and alcoholic beverages on-premise through bars and restaurants, and operates licensed gaming venues. The investment segment owns and leases investment property assets to retail tenants.

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