SThree (LSE:STEM) Receivables Turnover : 2.99 (As of Nov. 2023)

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What is SThree 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. SThree's Revenue for the six months ended in Nov. 2023 was £838 Mil. SThree's average Accounts Receivable for the six months ended in Nov. 2023 was £281 Mil. Hence, SThree's Receivables Turnover for the six months ended in Nov. 2023 was 2.99.

SThree Receivables Turnover Historical Data

The historical data trend for SThree'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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SThree Receivables Turnover Chart

SThree Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Receivables Turnover

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6.86

6.69

7.17

7.24

6.82

SThree Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Receivables Turnover	Get a 7-Day Free Trial															3.22	2.84	2.92	2.87	2.99

Competitive Comparison of SThree's Receivables Turnover

For the Staffing & Employment Services subindustry, SThree'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.

SThree's Receivables Turnover Distribution in the Business Services Industry

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

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

SThree Receivables Turnover Calculation

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

SThree's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Receivables Turnover (A: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2023 )	/ (	(Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )
=	1663.167	/ (	(250.709	+	236.886)	/	2 )
=	1663.167	/	243.7975
=	6.82

SThree's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

	Receivables Turnover (Q: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2023 )	/ (	(Accounts Receivable (Q: May. 2023 )	+	Accounts Receivable (Q: Nov. 2023 ))	/	count )
=	837.956	/ (	(324.216	+	236.886)	/	2 )
=	837.956	/	280.551
=	2.99

SThree (LSE:STEM) 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.

SThree Receivables Turnover Related Terms

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SThree (LSE:STEM) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SThree PLC (LSE:STEM) » Definitions » Receivables Turnover

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STEMl:UK

Address

75 King William Street, 1st Floor, London, GBR, EC4N 7BE

Website

https://www.sthree.com

SThree PLC is involved in the staffing business. It provides contract and permanent recruitment services. The company operates in information and communication, engineering, energy, life sciences, banking, and finance sectors. It provides its service through various brands such as computer future, progressive, Huxley, real, orgtel, jpgray, Newington international and enterprise partners. The company operates in the UK, Ireland, Continental Europe, America, Asia Pacific and the Middle east.