Hollywood Bowl Group (LSE:BOWL) Receivables Turnover : 54.40 (As of Sep. 2023)

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What is Hollywood Bowl 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. Hollywood Bowl Group's Revenue for the six months ended in Sep. 2023 was £104.8 Mil. Hollywood Bowl Group's average Accounts Receivable for the six months ended in Sep. 2023 was £1.9 Mil. Hence, Hollywood Bowl Group's Receivables Turnover for the six months ended in Sep. 2023 was 54.40.

Hollywood Bowl Group Receivables Turnover Historical Data

The historical data trend for Hollywood Bowl 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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Hollywood Bowl Group Receivables Turnover Chart

Hollywood Bowl Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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240.99

181.24

190.66

267.78

134.76

Hollywood Bowl Group Semi-Annual Data
	Sep13	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial														41.94	168.64	132.44	94.47	54.40

Competitive Comparison of Hollywood Bowl Group's Receivables Turnover

For the Leisure subindustry, Hollywood Bowl 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.

Hollywood Bowl Group's Receivables Turnover Distribution in the Travel & Leisure Industry

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

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

Hollywood Bowl Group Receivables Turnover Calculation

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

Hollywood Bowl Group's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	215.082	/ (	(0.836	+	2.356)	/	2 )
=	215.082	/	1.596
=	134.76

Hollywood Bowl Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	104.838	/ (	(1.498	+	2.356)	/	2 )
=	104.838	/	1.927
=	54.40

Hollywood Bowl Group (LSE:BOWL) 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.

Hollywood Bowl Group Receivables Turnover Related Terms

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Hollywood Bowl Group (LSE:BOWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hollywood Bowl Group PLC (LSE:BOWL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BOWLl:UK 2H4:Germany

Address

Cleveland Road, Focus 31, West Wing, Hemel Hempstead Industrial Estate, Hemel Hempstead, Hertfordshire, GBR, HP2 7BW

Website

https://www.hollywoodbowlgroup.com

Hollywood Bowl Group PLC is a ten-pin bowling operator across the United Kingdom under the Hollywood Bowl, Splitsville and Puttstars brands. The company specializes in operating bowling centres, located on out of town multi-use leisure parks and large retail parks with all of the centres occupied by the company on a leasehold basis. The centres are designed to offer a complete family entertainment experience with each centre offering bowling lanes, on-site dining, licensed bars, and family games arcades. The company has two reporting segments, being the provision of ten-pin bowling and mini-golf centres in the United Kingdom which generates the majority of the revenue, and the provision of ten-pin bowling and mini-golf centres and the installation of bowling equipment in Canada.