Jumbo Interactive (ASX:JIN) Receivables Turnover : 9.74 (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Jumbo Interactive 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. Jumbo Interactive's Revenue for the six months ended in Dec. 2023 was A$73.9 Mil. Jumbo Interactive's average Accounts Receivable for the six months ended in Dec. 2023 was A$7.6 Mil. Hence, Jumbo Interactive's Receivables Turnover for the six months ended in Dec. 2023 was 9.74.

Jumbo Interactive Receivables Turnover Historical Data

The historical data trend for Jumbo Interactive'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.

Jumbo Interactive Receivables Turnover Chart

Jumbo Interactive Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

538.94

284.10

144.15

95.82

38.44

Jumbo Interactive 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															26.53	23.01	12.23	8.21	9.74

Competitive Comparison of Jumbo Interactive's Receivables Turnover

For the Gambling subindustry, Jumbo Interactive'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.

Jumbo Interactive's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Jumbo Interactive's Receivables Turnover falls into.

Jumbo Interactive Receivables Turnover Calculation

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

Jumbo Interactive'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 )
=	118.712	/ (	(1.331	+	4.846)	/	2 )
=	118.712	/	3.0885
=	38.44

Jumbo Interactive'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 )
=	73.884	/ (	(4.846	+	10.326)	/	2 )
=	73.884	/	7.586
=	9.74

Jumbo Interactive (ASX:JIN) 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.

Jumbo Interactive Receivables Turnover Related Terms

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

Jumbo Interactive (ASX:JIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jumbo Interactive Ltd (ASX:JIN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

JUB:Germany

Address

601 Coronation Drive, Level 1, Toowong, Brisbane, QLD, AUS, 4066

Website

https://www.jumbointeractive.com

Jumbo Interactive is a digital reseller of government and charity lottery tickets through its Oz Lotteries platform. Jumbo's main reselling agreement is with The Lottery Corporation, Australia's exclusive operator of licensed lotteries in all states except Western Australia. Jumbo also licenses its lottery software platform to government and charity clients in Australia, the U.K., and Canada, as well as offering additional lottery and raffle management services.

Jumbo Interactive (ASX:JIN) Headlines

No Headlines