Elixirr International (LSE:ELIX) Receivables Turnover : 3.19 (As of Dec. 2023)

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What is Elixirr International 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. Elixirr International's Revenue for the six months ended in Dec. 2023 was £44.75 Mil. Elixirr International's average Accounts Receivable for the six months ended in Dec. 2023 was £14.04 Mil. Hence, Elixirr International's Receivables Turnover for the six months ended in Dec. 2023 was 3.19.

Elixirr International Receivables Turnover Historical Data

The historical data trend for Elixirr International'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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Elixirr International Receivables Turnover Chart

Elixirr International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

3.03

7.48

9.92

8.55

6.70

Elixirr International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				3.80	3.67	3.48	3.56	3.19

Competitive Comparison of Elixirr International's Receivables Turnover

For the Consulting Services subindustry, Elixirr International'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.

Elixirr International's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Elixirr International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Elixirr International's Receivables Turnover falls into.

Elixirr International Receivables Turnover Calculation

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

Elixirr International's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	85.885	/ (	(10.347	+	15.295)	/	2 )
=	85.885	/	12.821
=	6.70

Elixirr International'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 )
=	44.746	/ (	(12.791	+	15.295)	/	2 )
=	44.746	/	14.043
=	3.19

Elixirr International (LSE:ELIX) 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.

Elixirr International Receivables Turnover Related Terms

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Elixirr International (LSE:ELIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Elixirr International PLC (LSE:ELIX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ELXXF:USA 54K:Germany

Address

100 Cheapside, London, GBR, EC2V 6DT

Website

https://www.elixirr.com

Elixirr International PLC is a provider of management consultancy services. The company is principally engaged in the provision of consulting services, delivering innovative and bespoke solutions to a globally-recognised client base, including creative, marketing and transformation services. These challenges include future proofing against technological disruption; development and roll-out of new products, services and businesses; navigating a more complex and multinational regulatory environment; and project management and implementation of change programmes. It has worked with over 150 clients across 25 countries spanning Europe, North America, Africa, Asia and Australia, with offices in the UK and permanent presence (and employees) in the US and South Africa.

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