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Motorpoint Group (LSE:MOTR) Receivables Turnover : 62.28 (As of Sep. 2023)


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What is Motorpoint 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. Motorpoint Group's Revenue for the six months ended in Sep. 2023 was £607 Mil. Motorpoint Group's average Accounts Receivable for the six months ended in Sep. 2023 was £10 Mil. Hence, Motorpoint Group's Receivables Turnover for the six months ended in Sep. 2023 was 62.28.


Motorpoint Group Receivables Turnover Historical Data

The historical data trend for Motorpoint 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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Motorpoint Group Receivables Turnover Chart

Motorpoint Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.80 175.52 282.90 220.38 145.47

Motorpoint Group Semi-Annual Data
Mar14 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 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 123.51 81.49 60.75 50.46 62.28

Competitive Comparison of Motorpoint Group's Receivables Turnover

For the Auto & Truck Dealerships subindustry, Motorpoint 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.


Motorpoint Group's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Motorpoint Group's Receivables Turnover distribution charts can be found below:

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



Motorpoint Group Receivables Turnover Calculation

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

Motorpoint 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 )
=1440.2 / ((9.9 + 9.9) / 2 )
=1440.2 / 9.9
=145.47

Motorpoint 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 )
=607.2 / ((9.9 + 9.6) / 2 )
=607.2 / 9.75
=62.28

* 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.


Motorpoint Group  (LSE:MOTR) 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.


Motorpoint Group Receivables Turnover Related Terms

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Motorpoint Group (LSE:MOTR) Business Description

Traded in Other Exchanges
Address
Stephensons Way, Champion House, Chaddesden, Derby, GBR, DE21 6LY
Motorpoint Group PLC operates as a vehicle retailer in the United Kingdom. The brands of the company include Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi, BMW, and Mercedes Benz. The reportable segment of the company is Retail and Wholesale. The company generates revenue from the Retail segments.

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