Trainline (LSE:TRN) Receivables Turnover : 3.54 (As of Feb. 2024)

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What is Trainline 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. Trainline's Revenue for the six months ended in Feb. 2024 was £199.8 Mil. Trainline's average Accounts Receivable for the six months ended in Feb. 2024 was £56.5 Mil. Hence, Trainline's Receivables Turnover for the six months ended in Feb. 2024 was 3.54.

Trainline Receivables Turnover Historical Data

The historical data trend for Trainline'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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Trainline Receivables Turnover Chart

Trainline Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Receivables Turnover

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7.12

2.57

8.09

8.65

8.16

Trainline Semi-Annual Data
	Feb17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Receivables Turnover	Get a 7-Day Free Trial									2.97	3.79	3.70	4.29	3.54

Competitive Comparison of Trainline's Receivables Turnover

For the Travel Services subindustry, Trainline'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.

Trainline's Receivables Turnover Distribution in the Travel & Leisure Industry

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

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

Trainline Receivables Turnover Calculation

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

Trainline's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Receivables Turnover (A: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2024 )	/ (	(Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )
=	396.718	/ (	(38.031	+	59.17)	/	2 )
=	396.718	/	48.6005
=	8.16

Trainline's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Aug. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	199.786	/ (	(53.828	+	59.17)	/	2 )
=	199.786	/	56.499
=	3.54

Trainline (LSE:TRN) 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.

Trainline Receivables Turnover Related Terms

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Trainline (LSE:TRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trainline PLC (LSE:TRN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TNLIF:USA TRNl:UK 2T9A:Germany

Address

120 Holborn, 3rd Floor, London, GBR, EC1N 2TD

Website

https://www.thetrainline.com

Trainline PLC is an independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its website and mobile app. The company's segment includes UK Consumer; International Consumer and Trainline Solutions. It generates maximum revenue from the UK Consumer segment.