Soaltee Hotel (XNEP:SHL) Receivables Turnover : 1.79 (As of Dec. 2023)

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What is Soaltee Hotel 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. Soaltee Hotel's Revenue for the three months ended in Dec. 2023 was NPR651 Mil. Soaltee Hotel's average Accounts Receivable for the three months ended in Dec. 2023 was NPR293 Mil. Hence, Soaltee Hotel's Receivables Turnover for the three months ended in Dec. 2023 was 2.22.

Soaltee Hotel Receivables Turnover Historical Data

The historical data trend for Soaltee Hotel'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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Soaltee Hotel Receivables Turnover Chart

Soaltee Hotel Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Receivables Turnover

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7.93

5.70

2.53

7.65

10.00

Soaltee Hotel Quarterly Data
	Jul17	Dec17	Mar18	Jul18	Dec18	Mar19	Jul19	Dec19	Mar20	Jul20	Dec20	Mar21	Jul21	Dec21	Mar22	Jul22	Dec22	Mar23	Jul23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															-	1.65	1.66	-	1.79

Competitive Comparison of Soaltee Hotel's Receivables Turnover

For the Lodging subindustry, Soaltee Hotel'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.

Soaltee Hotel's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Soaltee Hotel's Receivables Turnover distribution charts can be found below:

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

Soaltee Hotel Receivables Turnover Calculation

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

Soaltee Hotel's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Receivables Turnover (A: Jul. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2023 )	/ (	(Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )
=	2156.217	/ (	(209.151	+	222.16)	/	2 )
=	2156.217	/	215.6555
=	10.00

Soaltee Hotel'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: Jul. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	651.123	/ (	(222.16	+	364.21)	/	2 )
=	651.123	/	293.185
=	2.22

Soaltee Hotel (XNEP:SHL) 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.

Soaltee Hotel Receivables Turnover Related Terms

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Soaltee Hotel (XNEP:SHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Soaltee Hotel Ltd (XNEP:SHL) » Definitions » Receivables Turnover

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Address

Tahachal, Post Box 3800, Kathmandu, NPL

Website

http://www.soalteehotel.com

Soaltee Hotel Ltd is a five-star hotel in Nepal. It is engaged in the tourism industry with its contribution of luxurious properties and hospitality across the region. The company operates hotels, a building block, a separate flight kitchen unit building, and seven presidential-regal suites for VVIPs. Its operating segment includes Core Hotel Business, Horizon Lounge, and Flight Catering, and the majority of its revenue is generated from the Hotel business.

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