Livestock Improvement (NZSE:LIC) Receivables Turnover : 1.98 (As of Nov. 2023)

Livestock Improvement Receivables Turnover Chart

Livestock Improvement Annual Data
	Trend	May13	May14	May15	May16	May17	May18	May19	May20	May21	May22
Receivables Turnover		Get a 7-Day Free Trial					6.12	5.51	5.87	5.91	5.77

Livestock Improvement Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	Nov23
Receivables Turnover	Get a 7-Day Free Trial															1.22	2.63	1.40	2.62	1.98

Competitive Comparison of Livestock Improvement's Receivables Turnover

For the Farm Products subindustry, Livestock Improvement'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.

Livestock Improvement's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Livestock Improvement's Receivables Turnover distribution charts can be found below:

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

Livestock Improvement Receivables Turnover Calculation

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

Livestock Improvement's Receivables Turnover for the fiscal year that ended in May. 2022 is calculated as

Livestock Improvement's Receivables Turnover for the quarter that ended in Nov. 2023 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.

Livestock Improvement  (NZSE:LIC) 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.

Livestock Improvement Receivables Turnover Related Terms

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Livestock Improvement (NZSE:LIC) Business Description