Mandarin Oriental International (SGX:M04) Receivables Turnover : 3.61 (As of Dec. 2023)

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What is Mandarin Oriental International 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. Mandarin Oriental International's Revenue for the six months ended in Dec. 2023 was $297.4 Mil. Mandarin Oriental International's average Accounts Receivable for the six months ended in Dec. 2023 was $82.3 Mil. Hence, Mandarin Oriental International's Receivables Turnover for the six months ended in Dec. 2023 was 3.61.

Mandarin Oriental International Receivables Turnover Historical Data

The historical data trend for Mandarin Oriental International'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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Mandarin Oriental International Receivables Turnover Chart

Mandarin Oriental International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.87

2.18

4.51

5.70

6.54

Mandarin Oriental International 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															2.56	2.98	3.30	2.98	3.61

Competitive Comparison of Mandarin Oriental International's Receivables Turnover

For the Lodging subindustry, Mandarin Oriental International'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.

Mandarin Oriental International's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Mandarin Oriental International's Receivables Turnover falls into.

Mandarin Oriental International Receivables Turnover Calculation

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

Mandarin Oriental International's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	558.1	/ (	(90.5	+	80.3)	/	2 )
=	558.1	/	85.4
=	6.54

Mandarin Oriental International'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 )
=	297.4	/ (	(84.3	+	80.3)	/	2 )
=	297.4	/	82.3
=	3.61

Mandarin Oriental International (SGX:M04) 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.

Mandarin Oriental International Receivables Turnover Related Terms

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Mandarin Oriental International (SGX:M04) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mandarin Oriental International Ltd (SGX:M04) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MNOIY:USA MAORF:USA 1C4:Germany

Address

18 Westlands Road, 8th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.mandarinoriental.com

Mandarin Oriental International Ltd is an owner and operator of hotels, domiciled in Hong Kong. The company principally operates luxury hotels across the globe. Mandarin Oriental International reports operations across three regions: Asia, The Americas, and Europe, Middle East and Africa (EMEA). Asia constitutes the most significant contribution to revenue, followed by EMEA. Rooms, food, and beverage operations constitute the vast majority of revenue, with more than half the revenue attributable to letting rooms.

Mandarin Oriental International (SGX:M04) Headlines

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