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Raptis Group (ASX:RPG) Receivables Turnover : 0.86 (As of Dec. 2023)


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What is Raptis 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. Raptis Group's Revenue for the six months ended in Dec. 2023 was A$0.03 Mil. Raptis Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.03 Mil. Hence, Raptis Group's Receivables Turnover for the six months ended in Dec. 2023 was 0.86.

Raptis Group Receivables Turnover Historical Data

The historical data trend for Raptis 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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Raptis Group Receivables Turnover Chart

Raptis Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.54 2.20 10.73 25.10

Raptis Group Semi-Annual Data
Dec11 Dec12 Dec14 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 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 Premium Member Only - - 0.23 3.91 0.86

Competitive Comparison of Raptis Group's Receivables Turnover

For the Real Estate - Diversified subindustry, Raptis 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.

Raptis Group's Receivables Turnover Distribution in the Real Estate Industry

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

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


Raptis Group Receivables Turnover Calculation

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

Raptis 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 )
=0.502 / ((0.011 + 0.029) / 2 )
=0.502 / 0.02
=25.10

Raptis 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 )
=0.027 / ((0.029 + 0.034) / 2 )
=0.027 / 0.0315
=0.86

* 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.

Raptis Group  (ASX:RPG) 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.

Raptis Group Receivables Turnover Related Terms

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Raptis Group (ASX:RPG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Raptis Group Ltd (ASX:RPG) » Definitions » Receivables Turnover
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ASX:ALK ASX:VKA ASX:BCN ASX:WCN ASX:KZR ASX:AWJ ASX:GMN ASX:KSN ASX:GNM ASX:HAV ASX:GMG TSE:8801 TSE:8802 HKSE:00012 PHS:SMPH BOM:533274 OSTO:BALD B BKK:CPN XSWX:SPSN BOM:503100
Traded in Other Exchanges
N/A
Address
25 Elkhorn Avenue, Level 3, Brisbane, QLD, AUS, 4217
Website
http://www.raptisgroup.com.au
Raptis Group Ltd engages in property development and investment activities in Australia. It is involved in developing residential, commercial, and retail projects. Some of the projects of the company include La Grande Residences, La Fontaine, The Forum, Le Boulevard, and Southport Central. The current ongoing project is Pearl Main Beach.