Mad Paws Holdings (ASX:MPA) Receivables Turnover : 55.51 (As of Dec. 2023)

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What is Mad Paws Holdings 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. Mad Paws Holdings's Revenue for the six months ended in Dec. 2023 was A$13.93 Mil. Mad Paws Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.25 Mil. Hence, Mad Paws Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 55.51.

Mad Paws Holdings Receivables Turnover Historical Data

The historical data trend for Mad Paws Holdings'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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Mad Paws Holdings Receivables Turnover Chart

Mad Paws Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

104.69

198.15

Mad Paws Holdings Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			23.70	59.31	122.47	104.27	55.51

Competitive Comparison of Mad Paws Holdings's Receivables Turnover

For the Personal Services subindustry, Mad Paws Holdings'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.

Mad Paws Holdings's Receivables Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mad Paws Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mad Paws Holdings's Receivables Turnover falls into.

Mad Paws Holdings Receivables Turnover Calculation

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

Mad Paws Holdings'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 )
=	23.382	/ (	(0.096	+	0.14)	/	2 )
=	23.382	/	0.118
=	198.15

Mad Paws Holdings'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 )
=	13.933	/ (	(0.14	+	0.362)	/	2 )
=	13.933	/	0.251
=	55.51

Mad Paws Holdings (ASX:MPA) 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.

Mad Paws Holdings Receivables Turnover Related Terms

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Mad Paws Holdings (ASX:MPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mad Paws Holdings Ltd (ASX:MPA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.madpaws.com.au

Mad Paws Holdings Ltd is an Australian-based pet services business whose primary activity is the operation of a pet care services online marketplace. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, daycare, and grooming, with pet sitters, walkers, and other pet service providers registered on the marketplace. The company operates in two segments, marketplace, and E-commerce & subscription. The majority of revenue is derived from e-commerce & subscription segments.