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ZCCM Investments Holdings (LSE:ZCC) Receivables Turnover : 12.87 (As of Dec. 2022)


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What is ZCCM Investments Holdings 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. ZCCM Investments Holdings's Revenue for the six months ended in Dec. 2022 was $174.1 Mil. ZCCM Investments Holdings's average Accounts Receivable for the six months ended in Dec. 2022 was $13.5 Mil. Hence, ZCCM Investments Holdings's Receivables Turnover for the six months ended in Dec. 2022 was 12.87.


ZCCM Investments Holdings Receivables Turnover Historical Data

The historical data trend for ZCCM Investments Holdings'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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ZCCM Investments Holdings Receivables Turnover Chart

ZCCM Investments Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 7.42 13.83 34.50 20.63

ZCCM Investments Holdings Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 7.42 260.34 7.73 9.18 12.87

Competitive Comparison of ZCCM Investments Holdings's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, ZCCM Investments Holdings'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.


ZCCM Investments Holdings's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ZCCM Investments Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ZCCM Investments Holdings's Receivables Turnover falls into.



ZCCM Investments Holdings Receivables Turnover Calculation

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

ZCCM Investments Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=453.531 / ((30.435 + 13.523) / 2 )
=453.531 / 21.979
=20.63

ZCCM Investments Holdings's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=174.055 / ((0 + 13.523) / 1 )
=174.055 / 13.523
=12.87

* 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.


ZCCM Investments Holdings  (LSE:ZCC) 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.


ZCCM Investments Holdings Receivables Turnover Related Terms

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ZCCM Investments Holdings (LSE:ZCC) Business Description

Traded in Other Exchanges
Address
Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101
ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

ZCCM Investments Holdings (LSE:ZCC) Headlines

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