Peel Hunt (LSE:PEEL) Receivables Turnover : 4.65 (As of Sep. 2023)

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What is Peel Hunt 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. Peel Hunt's Revenue for the six months ended in Sep. 2023 was £42.68 Mil. Peel Hunt's average Accounts Receivable for the six months ended in Sep. 2023 was £9.19 Mil. Hence, Peel Hunt's Receivables Turnover for the six months ended in Sep. 2023 was 4.65.

Peel Hunt Receivables Turnover Historical Data

The historical data trend for Peel Hunt'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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Peel Hunt Receivables Turnover Chart

Peel Hunt Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

17.91

29.49

92.82

54.31

28.60

Peel Hunt Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial				14.60	10.45	4.83	5.06	4.65

Competitive Comparison of Peel Hunt's Receivables Turnover

For the Capital Markets subindustry, Peel Hunt'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.

Peel Hunt's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Peel Hunt's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Peel Hunt's Receivables Turnover falls into.

Peel Hunt Receivables Turnover Calculation

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

Peel Hunt's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	82.337	/ (	(3.235	+	2.522)	/	2 )
=	82.337	/	2.8785
=	28.60

Peel Hunt'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 )
=	42.677	/ (	(2.522	+	15.853)	/	2 )
=	42.677	/	9.1875
=	4.65

Peel Hunt (LSE:PEEL) 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.

Peel Hunt Receivables Turnover Related Terms

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Peel Hunt (LSE:PEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Peel Hunt Ltd (LSE:PEEL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Liverpool Street, London, GBR, EC2M 2AT

Website

https://www.peelhunt.com

Peel Hunt Ltd provides investment banking services to mid and small-cap companies in the UK, with a consistent track record of investment and growth across. The company's operations are supported by differentiated proprietary technology and each of its three divisions, investment banking, research and distribution, and execution and trading. The company earns maximum revenue from Execution Services.

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