Vox Valor Capital (LSE:VOX) Receivables Turnover : 3.29 (As of Dec. 2023)

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What is Vox Valor Capital 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. Vox Valor Capital's Revenue for the six months ended in Dec. 2023 was £2.98 Mil. Vox Valor Capital's average Accounts Receivable for the six months ended in Dec. 2023 was £0.91 Mil. Hence, Vox Valor Capital's Receivables Turnover for the six months ended in Dec. 2023 was 3.29.

Vox Valor Capital Receivables Turnover Historical Data

The historical data trend for Vox Valor Capital'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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Vox Valor Capital Receivables Turnover Chart

Vox Valor Capital Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

2.68

Vox Valor Capital Semi-Annual Data
	Dec20	Dec21	Jun22	Jun23	Dec23
Receivables Turnover	-	-	-	1.55	3.29

Competitive Comparison of Vox Valor Capital's Receivables Turnover

For the Asset Management subindustry, Vox Valor Capital'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.

Vox Valor Capital's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vox Valor Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vox Valor Capital's Receivables Turnover falls into.

Vox Valor Capital Receivables Turnover Calculation

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

Vox Valor Capital'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 )
=	4.403	/ (	(2.396	+	0.89)	/	2 )
=	4.403	/	1.643
=	2.68

Vox Valor Capital'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 )
=	2.978	/ (	(0.922	+	0.89)	/	2 )
=	2.978	/	0.906
=	3.29

Vox Valor Capital (LSE:VOX) 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.

Vox Valor Capital Receivables Turnover Related Terms

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Vox Valor Capital (LSE:VOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vox Valor Capital Ltd (LSE:VOX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Forbes Hare Trust Company Limited, 10 Market Street, Suite 716, Cassia Court, Camana Bay, Grand Cayman, CYM, KY1-9006

Website

https://www.voxvalor.com

Vox Valor Capital Ltd is the holding company for Vox Capital Limited and its subsidiary companies. It has a focus on making acquisitions of majority stakes in the financial services sector, fund management businesses, niche investment banks, trustee and custodian services businesses, and financial planning businesses.