Aristocrat Leisure (ASX:ALL) Receivables Turnover : 3.24 (As of Mar. 2024)

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What is Aristocrat Leisure 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. Aristocrat Leisure's Revenue for the six months ended in Mar. 2024 was A$3,270 Mil. Aristocrat Leisure's average Accounts Receivable for the six months ended in Mar. 2024 was A$1,009 Mil. Hence, Aristocrat Leisure's Receivables Turnover for the six months ended in Mar. 2024 was 3.24.

Aristocrat Leisure Receivables Turnover Historical Data

The historical data trend for Aristocrat Leisure'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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Aristocrat Leisure Receivables Turnover Chart

Aristocrat Leisure Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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6.16

5.88

7.69

7.94

7.54

Aristocrat Leisure Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															3.91	3.69	3.49	3.38	3.24

Competitive Comparison of Aristocrat Leisure's Receivables Turnover

For the Gambling subindustry, Aristocrat Leisure'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.

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

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

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

Aristocrat Leisure Receivables Turnover Calculation

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

Aristocrat Leisure's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	6295.7	/ (	(765.5	+	904.8)	/	2 )
=	6295.7	/	835.15
=	7.54

Aristocrat Leisure's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	3269.6	/ (	(904.8	+	1113.5)	/	2 )
=	3269.6	/	1009.15
=	3.24

Aristocrat Leisure (ASX:ALL) 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.

Aristocrat Leisure Receivables Turnover Related Terms

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Aristocrat Leisure (ASX:ALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aristocrat Leisure Ltd (ASX:ALL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ARLUF:USA AC8:Germany

Address

85 Epping Road, Building A, Pinnacle Office Park, North Ryde, Sydney, NSW, AUS, 2113

Website

https://www.aristocrat.com

Aristocrat Leisure is an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in all Australian states and territories, North American jurisdictions, and essentially every major country. Aristocrat is one of the top three largest players in the space along with International Game Technology and Scientific Games. Through acquisitions of Plarium and more recently Big Fish, Aristocrat now derives a significant proportion of earnings from the faster growing mobile gaming business.