Next 15 Group (LSE:NFG) Receivables Turnover : 2.42 (As of Jan. 2024)

Next 15 Group Receivables Turnover Chart

Next 15 Group Annual Data
	Trend	Jul13	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23	Jan24
Receivables Turnover		Get a 7-Day Free Trial					5.95	5.78	6.13	6.39	5.56

Next 15 Group Semi-Annual Data
	Jul13	Jan14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															2.49	2.45	2.40	2.40	2.42

Competitive Comparison of Next 15 Group's Receivables Turnover

For the Advertising Agencies subindustry, Next 15 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.

Next 15 Group's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Next 15 Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Next 15 Group's Receivables Turnover falls into.

Next 15 Group Receivables Turnover Calculation

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

Next 15 Group's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Next 15 Group's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

* 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.

Next 15 Group  (LSE:NFG) 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.

Next 15 Group Receivables Turnover Related Terms

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Next 15 Group (LSE:NFG) Business Description