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Dockwise (Dockwise) Receivables Turnover : 2.04 (As of Dec. 2012)


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What is Dockwise 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. Dockwise's Revenue for the three months ended in Dec. 2012 was $157.3 Mil. Dockwise's average Accounts Receivable for the three months ended in Dec. 2012 was $77.3 Mil. Hence, Dockwise's Receivables Turnover for the three months ended in Dec. 2012 was 2.04.


Dockwise Receivables Turnover Historical Data

The historical data trend for Dockwise'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.

Dockwise Receivables Turnover Chart

Dockwise Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 5.94 6.72 8.02 8.78

Dockwise Quarterly Data
Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.92 2.78 - 1.72 2.04

Competitive Comparison of Dockwise's Receivables Turnover

For the Marine Shipping subindustry, Dockwise'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.


Dockwise's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dockwise's Receivables Turnover distribution charts can be found below:

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



Dockwise Receivables Turnover Calculation

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

Dockwise's Receivables Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Receivables Turnover (A: Dec. 2012 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2012 ) / ((Accounts Receivable (A: Dec. 2011 ) + Accounts Receivable (A: Dec. 2012 )) / count )
=509.403 / ((40.677 + 75.421) / 2 )
=509.403 / 58.049
=8.78

Dockwise's Receivables Turnover for the quarter that ended in Dec. 2012 is calculated as

Receivables Turnover (Q: Dec. 2012 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2012 ) / ((Accounts Receivable (Q: Sep. 2012 ) + Accounts Receivable (Q: Dec. 2012 )) / count )
=157.313 / ((79.102 + 75.421) / 2 )
=157.313 / 77.2615
=2.04

* 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.


Dockwise  (GREY:DOCKF) 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.


Dockwise Receivables Turnover Related Terms

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Dockwise (Dockwise) Business Description

Traded in Other Exchanges
N/A
Address
Lage Mosten 21, P.O. Box 3208, Breda, NLD, 4800
Dockwise Ltd provides transportation services to the offshore, onshore, and yachting industries; and installation services for heavy offshore platforms worldwide.