Aquila Services Group (LSE:AQSG) Receivables Turnover : 2.00 (As of Sep. 2023)

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What is Aquila Services 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. Aquila Services Group's Revenue for the six months ended in Sep. 2023 was £5.92 Mil. Aquila Services Group's average Accounts Receivable for the six months ended in Sep. 2023 was £2.97 Mil. Hence, Aquila Services Group's Receivables Turnover for the six months ended in Sep. 2023 was 2.00.

Aquila Services Group Receivables Turnover Historical Data

The historical data trend for Aquila Services 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.

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Aquila Services Group Receivables Turnover Chart

Aquila Services Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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4.15

4.05

3.89

4.93

4.94

Aquila Services Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial														2.44	2.42	2.44	2.41	2.00

Competitive Comparison of Aquila Services Group's Receivables Turnover

For the Consulting Services subindustry, Aquila Services 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.

Aquila Services Group's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aquila Services Group's Receivables Turnover distribution charts can be found below:

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

Aquila Services Group Receivables Turnover Calculation

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

Aquila Services Group's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	12.249	/ (	(2.24	+	2.715)	/	2 )
=	12.249	/	2.4775
=	4.94

Aquila Services Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	5.923	/ (	(2.715	+	3.221)	/	2 )
=	5.923	/	2.968
=	2.00

Aquila Services Group (LSE:AQSG) 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.

Aquila Services Group Receivables Turnover Related Terms

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Aquila Services Group (LSE:AQSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aquila Services Group PLC (LSE:AQSG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

29A Bermondsey Wall West, Tempus Wharf, London, GBR, SE16 4SA

Website

https://www.aquilaservicesgroup.co.uk

Aquila Services Group PLC is a holding company. The company is engaged in the provision of consultancy services. Its operating segment includes consultancy and treasury management services. The consultancy segment provides a range of services to support the business needs of a diverse range of organizations across the housing sector. The company generates maximum revenue from the Consultancy segment. Geographically, it derives a majority of revenue from the UK and also has a presence in the Europe and Rest of the World.

Aquila Services Group (LSE:AQSG) Headlines

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