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Braveheart Investment Group (LSE:BRH) Receivables Turnover : 0.77 (As of Sep. 2023)


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What is Braveheart Investment 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. Braveheart Investment Group's Revenue for the six months ended in Sep. 2023 was £0.05 Mil. Braveheart Investment Group's average Accounts Receivable for the six months ended in Sep. 2023 was £0.06 Mil. Hence, Braveheart Investment Group's Receivables Turnover for the six months ended in Sep. 2023 was 0.77.


Braveheart Investment Group Receivables Turnover Historical Data

The historical data trend for Braveheart Investment 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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Braveheart Investment Group Receivables Turnover Chart

Braveheart Investment Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.02 4.85 1.11 0.49 0.98

Braveheart Investment Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.45 - 0.27 0.33 0.77

Competitive Comparison of Braveheart Investment Group's Receivables Turnover

For the Asset Management subindustry, Braveheart Investment 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.


Braveheart Investment Group's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Braveheart Investment Group's Receivables Turnover distribution charts can be found below:

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



Braveheart Investment Group Receivables Turnover Calculation

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

Braveheart Investment Group's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=0.051 / ((0.073 + 0.031) / 2 )
=0.051 / 0.052
=0.98

Braveheart Investment Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0.046 / ((0.031 + 0.089) / 2 )
=0.046 / 0.06
=0.77

* 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.


Braveheart Investment Group  (LSE:BRH) 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.


Braveheart Investment Group Receivables Turnover Related Terms

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Braveheart Investment Group (LSE:BRH) Business Description

Traded in Other Exchanges
N/A
Address
1 George Square, Glasgow, GBR, G2 1AL
Braveheart Investment Group PLC is a private equity and venture capital firm. The company provides a loan, mezzanine funding, debt/equity, and advisory services to Small and medium-sized enterprises. It derives revenue from services such as Investment management; Consultancy; Royalties; Paraytec sales and other income.

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