Ascential (LSE:ASCL) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Ascential 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. Ascential's Revenue for the six months ended in Dec. 2023 was £-101.0 Mil. Ascential's average Accounts Receivable for the six months ended in Dec. 2023 was £54.1 Mil.

Ascential Receivables Turnover Historical Data

The historical data trend for Ascential'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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Ascential Receivables Turnover Chart

Ascential Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.49

3.18

4.32

1.88

2.91

Ascential Semi-Annual Data
	Dec13	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															1.59	2.72	-	3.22	-

Competitive Comparison of Ascential's Receivables Turnover

For the Advertising Agencies subindustry, Ascential'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.

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

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

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

Ascential Receivables Turnover Calculation

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

Ascential'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 )
=	206.4	/ (	(112.1	+	29.6)	/	2 )
=	206.4	/	70.85
=	2.91

Ascential'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 )
=	-101	/ (	(78.6	+	29.6)	/	2 )
=	-101	/	54.1
=	N/A

Ascential (LSE:ASCL) 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.

Ascential Receivables Turnover Related Terms

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Ascential (LSE:ASCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ascential PLC (LSE:ASCL) » Definitions » Receivables Turnover

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AIAPF:USA ASCLl:UK

Address

33 Kingsway, London, GBR, WC2B 6UF

Website

https://www.ascential.com

Ascential PLC is engaged in providing specialist information, analytics, events, and digital commerce optimization to consumer brands and their ecosystems. The company has four operating segments; Digital Commerce includes measurement, optimization, and execution for digital commerce growth, Product Design includes consumer product trend forecasting, data, and insight to create world-class products and experiences, Marketing includes events, services, and tools to measure and optimize marketing creativity, media, and platform effectiveness and efficiency, and Retail and Financial Services includes events, data, and tools to improve performance and drive innovation in retail and financial services. The company generates the majority of its revenue from the Digital Commerce segment.

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