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Mailbox REIT (IPSX:MBOX) Receivables Turnover : 10.41 (As of Jun. 2023)


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What is Mailbox REIT 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. Mailbox REIT's Revenue for the six months ended in Jun. 2023 was £8.53 Mil. Mailbox REIT's average Accounts Receivable for the six months ended in Jun. 2023 was £0.82 Mil. Hence, Mailbox REIT's Receivables Turnover for the six months ended in Jun. 2023 was 10.41.

Mailbox REIT Receivables Turnover Historical Data

The historical data trend for Mailbox REIT'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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Mailbox REIT Receivables Turnover Chart

Mailbox REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
- 5.80 8.12 17.00

Mailbox REIT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial 2.92 3.92 8.25 8.00 10.41

Competitive Comparison of Mailbox REIT's Receivables Turnover

For the REIT - Diversified subindustry, Mailbox REIT'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.

Mailbox REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mailbox REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mailbox REIT's Receivables Turnover falls into.


Mailbox REIT Receivables Turnover Calculation

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

Mailbox REIT's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=15.758 / ((1.012 + 0.842) / 2 )
=15.758 / 0.927
=17.00

Mailbox REIT's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=8.528 / ((0.842 + 0.796) / 2 )
=8.528 / 0.819
=10.41

* 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.

Mailbox REIT  (IPSX:MBOX) 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.

Mailbox REIT Receivables Turnover Related Terms

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Mailbox REIT (IPSX:MBOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mailbox REIT PLC (IPSX:MBOX) » Definitions » Receivables Turnover
Comparable Companies
LSE:TOWN LSE:AIRE LSE:PCA LSE:RLE LSE:HCFT LSE:GRIO LSE:EPIC LSE:AEWU LSE:API LSE:SREI VICI ASX:MGR WPC FUNO11 ASX:SGP SRC LSE:LAND LSE:UTG ASX:GPT XPAR:COV
Traded in Other Exchanges
N/A
Address
30 Saint Mary Axe, 10th floor, London, GBR, EC3A 8BF
Website
https://www.themailboxreit.com
Mailbox REIT PLC is a single-asset real estate investment trust located in Birmingham. It provides shareholders income together with capital growth by investing in the Property. The company owns the Mailbox Property. The property provides office space, a leisure area, and retail and car parking space.