Aferian (LSE:AFRN) Receivables Turnover : 1.50 (As of May. 2023)

Aferian Receivables Turnover Chart

Aferian Annual Data
	Trend	Nov13	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22
Receivables Turnover		Get a 7-Day Free Trial					5.32	4.70	6.29	5.92	5.45

Aferian Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Receivables Turnover	Get a 7-Day Free Trial															2.66	2.40	2.46	2.75	1.50

Competitive Comparison of Aferian's Receivables Turnover

For the Broadcasting subindustry, Aferian'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.

Aferian's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Aferian's Receivables Turnover distribution charts can be found below:

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

Aferian Receivables Turnover Calculation

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

Aferian's Receivables Turnover for the fiscal year that ended in Nov. 2022 is calculated as

Aferian's Receivables Turnover for the quarter that ended in May. 2023 is calculated as

* 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.

Aferian  (LSE:AFRN) 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.

Aferian Receivables Turnover Related Terms

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Aferian (LSE:AFRN) Business Description