Redde (LSE:REDD) Receivables Turnover : 3.25 (As of Jun. 2019)

Redde Receivables Turnover Chart

Redde Annual Data
	Trend	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19
Receivables Turnover		Get a 7-Day Free Trial					3.83	4.46	4.34	8.06	33.76

Redde Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Receivables Turnover	Get a 7-Day Free Trial															2.22	2.08	3.76	3.21	3.25

Competitive Comparison of Redde's Receivables Turnover

For the Insurance - Property & Casualty subindustry, Redde'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.

Redde's Receivables Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Redde's Receivables Turnover distribution charts can be found below:

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

Redde Receivables Turnover Calculation

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

Redde's Receivables Turnover for the fiscal year that ended in Jun. 2019 is calculated as

Redde's Receivables Turnover for the quarter that ended in Jun. 2019 is calculated as

* 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.

Redde  (LSE:REDD) 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.

Redde Receivables Turnover Related Terms

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Redde (LSE:REDD) Business Description