Empresaria Group (LSE:EMR) Receivables Turnover : 4.00 (As of Dec. 2023)

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What is Empresaria 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. Empresaria Group's Revenue for the six months ended in Dec. 2023 was £124.6 Mil. Empresaria Group's average Accounts Receivable for the six months ended in Dec. 2023 was £31.2 Mil. Hence, Empresaria Group's Receivables Turnover for the six months ended in Dec. 2023 was 4.00.

Empresaria Group Receivables Turnover Historical Data

The historical data trend for Empresaria 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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Empresaria Group Receivables Turnover Chart

Empresaria Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.70

6.33

6.84

7.18

7.79

Empresaria Group Semi-Annual Data
	Jun14	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															3.18	3.48	3.85	3.89	4.00

Competitive Comparison of Empresaria Group's Receivables Turnover

For the Staffing & Employment Services subindustry, Empresaria 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.

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

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

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

Empresaria Group Receivables Turnover Calculation

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

Empresaria Group'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 )
=	250.3	/ (	(33.3	+	31)	/	2 )
=	250.3	/	32.15
=	7.79

Empresaria Group'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 )
=	124.6	/ (	(31.3	+	31)	/	2 )
=	124.6	/	31.15
=	4.00

Empresaria Group (LSE:EMR) 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.

Empresaria Group Receivables Turnover Related Terms

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Empresaria Group (LSE:EMR) Business Description

Industry

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

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Traded in Other Exchanges

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Address

Old Church House, Sandy Lane, Crawley Down, Crawley, West Sussex, GBR, RH10 4HS

Website

https://www.empresaria.com

Empresaria Group PLC is a UK-based international specialist staffing company. It has three main service lines, temporary and contract recruitment, permanent recruitment, and offshore recruitment services. It serves the Professional, IT, Healthcare, Property, Construction & Engineering, Commercial, and Offshore Recruitment Services sectors. Geographically it has its presence in the regions of the UK, Continental Europe, the Asia Pacific, and the Americas, and the majority of its revenue comes from UK & Europe.