Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) Receivables Turnover : 9.50 (As of Dec. 2018)

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What is Mensa Sinai Ticari Mali Yatirimlar A.S. 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. Mensa Sinai Ticari Mali Yatirimlar A.S.'s Revenue for the six months ended in Dec. 2018 was ₺0.10 Mil. Mensa Sinai Ticari Mali Yatirimlar A.S.'s average Accounts Receivable for the six months ended in Dec. 2018 was ₺0.01 Mil. Hence, Mensa Sinai Ticari Mali Yatirimlar A.S.'s Receivables Turnover for the six months ended in Dec. 2018 was 9.50.

Mensa Sinai Ticari Mali Yatirimlar A.S. Receivables Turnover Historical Data

The historical data trend for Mensa Sinai Ticari Mali Yatirimlar A.S.'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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Mensa Sinai Ticari Mali Yatirimlar A.S. Receivables Turnover Chart

Mensa Sinai Ticari Mali Yatirimlar A.S. Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec17

Dec18

Receivables Turnover

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0.08

0.29

0.10

9.50

Mensa Sinai Ticari Mali Yatirimlar A.S. Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec17	Dec18
Receivables Turnover	Get a 7-Day Free Trial			0.08	0.29	0.10	-	9.50

Competitive Comparison of Mensa Sinai Ticari Mali Yatirimlar A.S.'s Receivables Turnover

For the Textile Manufacturing subindustry, Mensa Sinai Ticari Mali Yatirimlar A.S.'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.

Mensa Sinai Ticari Mali Yatirimlar A.S.'s Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mensa Sinai Ticari Mali Yatirimlar A.S.'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mensa Sinai Ticari Mali Yatirimlar A.S.'s Receivables Turnover falls into.

Mensa Sinai Ticari Mali Yatirimlar A.S. Receivables Turnover Calculation

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

Mensa Sinai Ticari Mali Yatirimlar A.S.'s Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Receivables Turnover (A: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2018 )	/ (	(Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )
=	0.095	/ (	(0.01	+	0)	/	1 )
=	0.095	/	0.01
=	9.50

Mensa Sinai Ticari Mali Yatirimlar A.S.'s Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

	Receivables Turnover (Q: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2018 )	/ (	(Accounts Receivable (Q: Dec. 2017 )	+	Accounts Receivable (Q: Dec. 2018 ))	/	count )
=	0.095	/ (	(0.01	+	0)	/	1 )
=	0.095	/	0.01
=	9.50

Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) 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.

Mensa Sinai Ticari Mali Yatirimlar A.S. Receivables Turnover Related Terms

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Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Mehmet Ozmen Nesih Precious Quarter Street No: 27, Ors Business Centre Floor: 1 Apartment 4 / B Merter, Gungoren, Istanbul, TUR, 01323

Website

http://www.mensa.com.tr

Mensa Sinai Ticari Mali Yatirimlar AS produces cotton, polyester, linen, viscose fabrics and other textile products. The company sells in Turkey and exports to various retail chain stores.

Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) Headlines

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