Affinity Education Group (FRA:A0J) Receivables Turnover : 0.00 (As of Jun. 2015)

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What is Affinity Education Group 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. Affinity Education Group's Revenue for the six months ended in Jun. 2015 was €59.8 Mil. Affinity Education Group's average Accounts Receivable for the six months ended in Jun. 2015 was €0.0 Mil.

Affinity Education Group Receivables Turnover Historical Data

The historical data trend for Affinity Education Group'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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Affinity Education Group Receivables Turnover Chart

Affinity Education Group Annual Data

Trend

Dec14

Receivables Turnover

Affinity Education Group Semi-Annual Data
	Jun14	Dec14	Jun15
Receivables Turnover	-	-	-

Competitive Comparison of Affinity Education Group's Receivables Turnover

For the Personal Services subindustry, Affinity Education Group'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.

Affinity Education Group's Receivables Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Affinity Education Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Affinity Education Group's Receivables Turnover falls into.

Affinity Education Group Receivables Turnover Calculation

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

Affinity Education Group's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Receivables Turnover (A: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2014 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )
=	73.904	/ (	(	+	0)	/	1 )
=	73.904	/	0
=	N/A

Affinity Education Group's Receivables Turnover for the quarter that ended in Jun. 2015 is calculated as

	Receivables Turnover (Q: Jun. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2015 )	/ (	(Accounts Receivable (Q: Dec. 2014 )	+	Accounts Receivable (Q: Jun. 2015 ))	/	count )
=	59.839	/ (	(0	+	0)	/	1 )
=	59.839	/	0
=	N/A

Affinity Education Group (FRA:A0J) 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.

Affinity Education Group Receivables Turnover Related Terms

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Affinity Education Group (FRA:A0J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Affinity Education Group Ltd (FRA:A0J) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://investors.affinityeducation.com.au

Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

Affinity Education Group (FRA:A0J) Headlines

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