GDI Property Group (ASX:GDI) Receivables Turnover : 16.18 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is GDI Property 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. GDI Property Group's Revenue for the six months ended in Dec. 2023 was A$32.28 Mil. GDI Property Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$2.00 Mil. Hence, GDI Property Group's Receivables Turnover for the six months ended in Dec. 2023 was 16.18.

GDI Property Group Receivables Turnover Historical Data

The historical data trend for GDI Property 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.

* Premium members only.

GDI Property Group Receivables Turnover Chart

GDI Property Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

21.29

15.50

12.46

13.88

25.40

GDI Property Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial														6.24	3.50	10.67	12.13	16.18

Competitive Comparison of GDI Property Group's Receivables Turnover

For the Real Estate Services subindustry, GDI Property 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.

GDI Property Group's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GDI Property Group's Receivables Turnover distribution charts can be found below:

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

GDI Property Group Receivables Turnover Calculation

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

GDI Property Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	62.532	/ (	(2.938	+	1.986)	/	2 )
=	62.532	/	2.462
=	25.40

GDI Property Group'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 )
=	32.283	/ (	(1.986	+	2.005)	/	2 )
=	32.283	/	1.9955
=	16.18

GDI Property Group (ASX:GDI) 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.

GDI Property Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of GDI Property Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

GDI Property Group (ASX:GDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GDI Property Group (ASX:GDI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Pitt Street, Level 23, Sydney, NSW, AUS, 2000

Website

https://www.gdi.com.au

GDI Property Group is a property owner and fund manager. It is an integrated, internally managed property and funds management group with capabilities in ownership, management, refurbishment, leasing, and syndication of office and industrial properties. The Trust is internally managed and owns a portfolio of office properties across Australia. The Group has two operating segments, property investment and funds management. The Portfolio comprises three wholly-owned properties in CBD locations namely, Mill Green Complex; Goulburn Street; Cavill Avenue. The company owns an established funds business which, in addition to managing the Trust, manages unlisted and unregistered managed investment schemes.

GDI Property Group (ASX:GDI) Headlines

No Headlines