A-Mark Precious Metals (STU:AND) Receivables Turnover : 81.86 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is A-Mark Precious Metals 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. A-Mark Precious Metals's Revenue for the three months ended in Mar. 2024 was €2,402 Mil. A-Mark Precious Metals's average Accounts Receivable for the three months ended in Mar. 2024 was €29 Mil. Hence, A-Mark Precious Metals's Receivables Turnover for the three months ended in Mar. 2024 was 81.86.

A-Mark Precious Metals Receivables Turnover Historical Data

The historical data trend for A-Mark Precious Metals'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.

* Premium members only.

A-Mark Precious Metals Receivables Turnover Chart

A-Mark Precious Metals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

173.33

280.84

269.48

134.76

172.59

A-Mark Precious Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															32.51	78.12	95.88	66.30	81.86

Competitive Comparison of A-Mark Precious Metals's Receivables Turnover

For the Capital Markets subindustry, A-Mark Precious Metals'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.

A-Mark Precious Metals's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, A-Mark Precious Metals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where A-Mark Precious Metals's Receivables Turnover falls into.

A-Mark Precious Metals Receivables Turnover Calculation

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

A-Mark Precious Metals'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 )
=	8571.496	/ (	(82.057	+	17.269)	/	2 )
=	8571.496	/	49.663
=	172.59

A-Mark Precious Metals's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2401.799	/ (	(26.205	+	32.474)	/	2 )
=	2401.799	/	29.3395
=	81.86

A-Mark Precious Metals (STU:AND) 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.

A-Mark Precious Metals Receivables Turnover Related Terms

Thank you for viewing the detailed overview of A-Mark Precious Metals's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

A-Mark Precious Metals (STU:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » A-Mark Precious Metals Inc (STU:AND) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AMRK:USA

Address

2121 Rosecrans Avenue, Suite 6300, El Segundo, CA, USA, 90245

Website

https://www.amark.com

A-Mark Precious Metals Inc is a precious metal trading company. It is principally engaged in the wholesale of gold, silver, platinum and palladium bullion and related products in the form of bars, wafers, coins, and grains. The company's operating segment includes Wholesale Trading and Ancillary Services; Secured Lending and Direct Sales. It generates maximum revenue from the Wholesale Trading and Ancillary Services segment. The Wholesale Trading and Ancillary Services segment comprises business units such as Industrial, Coin and Bar, Trading and Finance, Storage, Logistics, and Mint. Geographically, it derives a majority of its revenue from the United States.

A-Mark Precious Metals (STU:AND) Headlines

From GuruFocus

Wall Street Red on Wednesday as Fed Cuts Rates

By Omar Venerio Omar Venerio • 07-31-2019