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Solution Dynamics (NZSE:SDL) Receivables Turnover : 5.99 (As of Dec. 2023)


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What is Solution Dynamics 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. Solution Dynamics's Revenue for the six months ended in Dec. 2023 was NZ$22.43 Mil. Solution Dynamics's average Accounts Receivable for the six months ended in Dec. 2023 was NZ$3.74 Mil. Hence, Solution Dynamics's Receivables Turnover for the six months ended in Dec. 2023 was 5.99.


Solution Dynamics Receivables Turnover Historical Data

The historical data trend for Solution Dynamics'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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Solution Dynamics Receivables Turnover Chart

Solution Dynamics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.54 9.60 7.69 8.60 9.48

Solution Dynamics Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.09 4.97 6.86 4.75 5.99

Competitive Comparison of Solution Dynamics's Receivables Turnover

For the Software - Application subindustry, Solution Dynamics'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.


Solution Dynamics's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Solution Dynamics's Receivables Turnover distribution charts can be found below:

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



Solution Dynamics Receivables Turnover Calculation

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

Solution Dynamics's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=40.473 / ((4.091 + 4.445) / 2 )
=40.473 / 4.268
=9.48

Solution Dynamics's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=22.432 / ((4.445 + 3.043) / 2 )
=22.432 / 3.744
=5.99

* 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.


Solution Dynamics  (NZSE:SDL) 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.


Solution Dynamics Receivables Turnover Related Terms

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Solution Dynamics (NZSE:SDL) Business Description

Traded in Other Exchanges
N/A
Address
18 Canaveral Drive, PO Box 301248, Albany, Auckland, NZL, 0752
Solution Dynamics Ltd is a company engaged in providing customer communications solutions. Its products and services are represented by revenue streams: Digital Printing & Document Handling Services; and Software and Technology, Outsourced services. Services include digital print and mail house processing for mail items like invoices, statements, and promotional material. Software and Technology develop and markets its software products related to multi-channel marketing communications including digital asset management, communication templates, campaign management, document archiving, document composition, and desktop mail solutions among others. Its outsourced services elements are the post, freight, paper, and envelopes.

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