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Lordos Hotel Or (CYS:LHH) Receivables Turnover : 14.18 (As of Dec. 2022)


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What is Lordos Hotel Or 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. Lordos Hotel Or's Revenue for the six months ended in Dec. 2022 was €13.51 Mil. Lordos Hotel Or's average Accounts Receivable for the six months ended in Dec. 2022 was €0.95 Mil. Hence, Lordos Hotel Or's Receivables Turnover for the six months ended in Dec. 2022 was 14.18.


Lordos Hotel Or Receivables Turnover Historical Data

The historical data trend for Lordos Hotel Or'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.

Lordos Hotel Or Receivables Turnover Chart

Lordos Hotel Or Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.78 9.36 23.52 36.00 41.76

Lordos Hotel Or Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 4.23 16.13 7.05 14.18 -

Competitive Comparison of Lordos Hotel Or's Receivables Turnover

For the Resorts & Casinos subindustry, Lordos Hotel Or'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.


Lordos Hotel Or's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Lordos Hotel Or's Receivables Turnover falls into.



Lordos Hotel Or Receivables Turnover Calculation

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

Lordos Hotel Or'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 )
=25.244 / ((0.534 + 0.675) / 2 )
=25.244 / 0.6045
=41.76

Lordos Hotel Or's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=13.509 / ((1.372 + 0.534) / 2 )
=13.509 / 0.953
=14.18

* 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.


Lordos Hotel Or  (CYS:LHH) 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.


Lordos Hotel Or Receivables Turnover Related Terms

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Lordos Hotel Or (CYS:LHH) Business Description

Traded in Other Exchanges
N/A
Address
Mesogeiou, Lordos Forest Beach, Block 1, Office 1, 2 & 3, Voroklini, Larnaca, CYP, 7041
Lordos Hotel Or is a Cyprus-based hotel operator. The company owns and manages the Golden Bay Beach Hotel, a five-star hotel that is situated at Larnaca Bay and Lordos Beach Hotel, a four-star hotel that is also situated at Larnaca Bay.

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