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Experian (LSE:EXPN) Receivables Turnover : 2.24 (As of Mar. 2024)


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What is Experian 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. Experian's Revenue for the six months ended in Mar. 2024 was £2,891 Mil. Experian's average Accounts Receivable for the six months ended in Mar. 2024 was £1,293 Mil. Hence, Experian's Receivables Turnover for the six months ended in Mar. 2024 was 2.24.


Experian Receivables Turnover Historical Data

The historical data trend for Experian'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.

Experian Receivables Turnover Chart

Experian Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 4.47 4.94 4.70 4.37

Experian Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.48 2.51 2.26 2.19 2.24

Competitive Comparison of Experian's Receivables Turnover

For the Consulting Services subindustry, Experian'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.


Experian's Receivables Turnover Distribution in the Business Services Industry

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

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



Experian Receivables Turnover Calculation

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

Experian's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=5585.339 / ((1251.656 + 1306.42) / 2 )
=5585.339 / 1279.038
=4.37

Experian's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2890.651 / ((1279.872 + 1306.42) / 2 )
=2890.651 / 1293.146
=2.24

* 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.


Experian  (LSE:EXPN) 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.


Experian Receivables Turnover Related Terms

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Experian (LSE:EXPN) Business Description

Traded in Other Exchanges
Address
Fenian Street, 2 Cumberland Place, Dublin, IRL, D02 HY05
Experian is one of the leading credit bureaus in North America and the United Kingdom, providing the consumer information that is the basis for granting credit. The company also provides decision analytics, marketing data, and direct-to-consumer credit products and services. About one quarter of the company's revenue is generated outside North America and the United Kingdom, primarily in Latin America and Asia.

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