RMA Global (ASX:RMY) Receivables Turnover : 36.27 (As of Dec. 2023)

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What is RMA Global 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. RMA Global's Revenue for the six months ended in Dec. 2023 was A$9.25 Mil. RMA Global's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.26 Mil. Hence, RMA Global's Receivables Turnover for the six months ended in Dec. 2023 was 36.27.

RMA Global Receivables Turnover Historical Data

The historical data trend for RMA Global'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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RMA Global Receivables Turnover Chart

RMA Global Annual Data

Trend

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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80.36

48.21

43.00

47.28

50.88

RMA Global Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial						38.14	44.20	41.34	39.60	36.27

Competitive Comparison of RMA Global's Receivables Turnover

For the Internet Content & Information subindustry, RMA Global'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.

RMA Global's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RMA Global's Receivables Turnover distribution charts can be found below:

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

RMA Global Receivables Turnover Calculation

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

RMA Global'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 )
=	17.325	/ (	(0.321	+	0.36)	/	2 )
=	17.325	/	0.3405
=	50.88

RMA Global'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 )
=	9.249	/ (	(0.36	+	0.15)	/	2 )
=	9.249	/	0.255
=	36.27

RMA Global (ASX:RMY) 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.

RMA Global Receivables Turnover Related Terms

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RMA Global (ASX:RMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » RMA Global Ltd (ASX:RMY) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

112?114 Balmain Street, Cremorne, Melbourne, VIC, AUS, 3121

Website

https://www.rma-global.com

RMA Global Ltd is an Australia based company. The company is engaged in the online digital marketing business. It provides data on a residential property sale. The company generates revenue from Subscription and Promoter. Geographically, it has a presence in the USA, Australia, and New Zealand. It derives a majority of revenue from Australia.

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