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Character Group (The) (LSE:CCT) Receivables Turnover : 3.22 (As of Feb. 2024)


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What is Character Group (The) 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. Character Group (The)'s Revenue for the six months ended in Feb. 2024 was £57.6 Mil. Character Group (The)'s average Accounts Receivable for the six months ended in Feb. 2024 was £17.9 Mil. Hence, Character Group (The)'s Receivables Turnover for the six months ended in Feb. 2024 was 3.22.

Character Group (The) Receivables Turnover Historical Data

The historical data trend for Character Group (The)'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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Character Group (The) Receivables Turnover Chart

Character Group (The) Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.63 4.38 6.62 8.35 5.79

Character Group (The) Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 4.91 4.90 3.60 3.76 3.22

Competitive Comparison of Character Group (The)'s Receivables Turnover

For the Leisure subindustry, Character Group (The)'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.

Character Group (The)'s Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Character Group (The)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Character Group (The)'s Receivables Turnover falls into.


Character Group (The) Receivables Turnover Calculation

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

Character Group (The)'s Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=122.591 / ((20.053 + 22.309) / 2 )
=122.591 / 21.181
=5.79

Character Group (The)'s Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Aug. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=57.615 / ((22.309 + 13.445) / 2 )
=57.615 / 17.877
=3.22

* 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.

Character Group (The)  (LSE:CCT) 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.

Character Group (The) Receivables Turnover Related Terms

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Character Group (The) (LSE:CCT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Character Group (The) PLC (LSE:CCT) » Definitions » Receivables Turnover
Comparable Companies
LSE:HRN LSE:XPF LSE:TND LSE:GFIN LSE:GYM LSE:TUNE TSE:4661 HKSE:02020 LSE:CCL TSE:7309 TSE:7832 HAS AS HKSE:02331 MAT HKSE:09992 PLNT LSE:GAW GOLF SZSE:300144
Traded in Other Exchanges
CCT.GB:UK
Address
86-88 Coombe Road, 2nd Floor, New Malden, Surrey, GBR, KT3 4QS
Website
http://www.thecharacter.com
Character Group (The) PLC designs, manufactures, and distributes various games, and gifts based on television and cartoon characters. The company operates in the United Kingdom and other parts of the World under the brand name Peppa Pig, Bluey, Pokemon, My Little Pony, and others. Its geographical segments include the United Kingdom, the Far East, and Scandinavia. The company earns maximu revenue from Far East.