Domain Holdings Australia (Domain Holdings Australia) Receivables Turnover : 4.43 (As of Dec. 2023)

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What is Domain Holdings Australia 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. Domain Holdings Australia's Revenue for the six months ended in Dec. 2023 was $135.3 Mil. Domain Holdings Australia's average Accounts Receivable for the six months ended in Dec. 2023 was $30.5 Mil. Hence, Domain Holdings Australia's Receivables Turnover for the six months ended in Dec. 2023 was 4.43.

Domain Holdings Australia Receivables Turnover Historical Data

The historical data trend for Domain Holdings Australia'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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Domain Holdings Australia Receivables Turnover Chart

Domain Holdings Australia Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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6.24

7.54

8.46

7.37

7.30

Domain Holdings Australia Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial								3.75	3.60	3.52	3.38	4.43

Competitive Comparison of Domain Holdings Australia's Receivables Turnover

For the Internet Content & Information subindustry, Domain Holdings Australia'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.

Domain Holdings Australia's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Domain Holdings Australia's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Domain Holdings Australia's Receivables Turnover falls into.

Domain Holdings Australia Receivables Turnover Calculation

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

Domain Holdings Australia'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 )
=	231.854	/ (	(35.948	+	27.594)	/	2 )
=	231.854	/	31.771
=	7.30

Domain Holdings Australia'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 )
=	135.285	/ (	(27.594	+	33.414)	/	2 )
=	135.285	/	30.504
=	4.43

Domain Holdings Australia (OTCPK:DHGAF) 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.

Domain Holdings Australia Receivables Turnover Related Terms

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Domain Holdings Australia (Domain Holdings Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Domain Holdings Australia Ltd (OTCPK:DHGAF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DHG:Australia

Address

100 Harris Street, Level 5, Pyrmont, Sydney, NSW, AUS, 2009

Website

https://www.domain.com.au

Domain is a technology company operating in the Australian real estate sector. Domain's primary business is a digital listings platform for residential real estate, www.domain.com.au, which is the second-largest residential real estate listings platform in Australia, after www.realestate.com.au, which is owned by REA Group. Domain is majority-owned by media company Nine Entertainment, while REA is majority-owned by rival media company News Corp. Domain's other businesses include a digital listings platform for commercial real estate, solutions for developers and agents, and print advertising.