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Region Group (ASX:RGN) Receivables Turnover : 6.17 (As of Dec. 2023)


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What is Region 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. Region Group's Revenue for the six months ended in Dec. 2023 was A$184.4 Mil. Region Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$29.9 Mil. Hence, Region Group's Receivables Turnover for the six months ended in Dec. 2023 was 6.17.


Region Group Receivables Turnover Historical Data

The historical data trend for Region 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.

* Premium members only.

Region Group Receivables Turnover Chart

Region Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.40 21.30 16.40 25.01 31.48

Region Group 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 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 5.54 5.54 4.56 5.31 6.17

Competitive Comparison of Region Group's Receivables Turnover

For the REIT - Retail subindustry, Region 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.


Region Group's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Region Group's Receivables Turnover distribution charts can be found below:

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



Region Group Receivables Turnover Calculation

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

Region Group'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 )
=365.2 / ((14.3 + 8.9) / 2 )
=365.2 / 11.6
=31.48

Region Group'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 )
=184.4 / ((8.9 + 50.9) / 2 )
=184.4 / 29.9
=6.17

* 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.


Region Group  (ASX:RGN) 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.


Region Group Receivables Turnover Related Terms

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Region Group (ASX:RGN) Business Description

Industry
Traded in Other Exchanges
Address
50 Pitt Street, Level 6, Sydney, NSW, AUS, 2000
Region Group owns a portfolio of smaller shopping centres. About half of rental income comes from anchor tenants, typically Woolworths or Coles businesses, or in some cases discount department stores. The assets are mostly in regional or suburban areas of Australia, and the group divested its New Zealand assets in 2016. The portfolio assets are neighbourhood (about 75% by value) and subregional shopping centres (25%). It also has a small amount of income from funds management.

Region Group (ASX:RGN) Headlines

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