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. B/E Aerospace's Revenue for the
three
months ended in Dec. 2016 was $730 Mil. B/E Aerospace's average Accounts Receivable for the
three
months ended in Dec. 2016 was $393 Mil.
Hence, B/E Aerospace's Receivables Turnover for the
three
months ended in Dec. 2016 was 1.86.
B/E Aerospace Receivables Turnover Historical Data
The historical data trend for B/E Aerospace'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.
Competitive Comparison of B/E Aerospace's Receivables Turnover
For the Aerospace & Defense subindustry, B/E Aerospace'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.
B/E Aerospace's Receivables Turnover Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, B/E Aerospace's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where B/E Aerospace's Receivables Turnover falls into.
B/E Aerospace Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
B/E Aerospace's Receivables Turnover for the fiscal year that ended in Dec. 2016 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.
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.
B/E Aerospace Receivables Turnover Related Terms
Thank you for viewing the detailed overview of B/E Aerospace's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
B/E Aerospace (B/E Aerospace) Business Description
B/E Aerospace Inc is a Delaware corporation incorporated in 1987. The Company manufactures aircraft cabin interior products. It designs, develops and manufactures products for both commercial aircrafts and business jets. It offers products including aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. It also provides cabin interior reconfiguration, program management and certification services. In addition, it also designs, engineers and manufactures customized and fully integrated thermal and power management solutions. The Company sells and supports its products through its direct sales and product support organization. The Company's operations are subject to changing federal, state and foreign laws and regulations establishing health and environmental quality standards, including those governing discharges of pollutants into the air and water and the management and disposal of hazardous substances and wastes.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BEAV has been successfully added to your 