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Bede (LSE:BED) Receivables Turnover : 6.71 (As of Sep. 2007)


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What is Bede 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. Bede's Revenue for the three months ended in Sep. 2007 was £2.23 Mil. Bede's average Accounts Receivable for the three months ended in Sep. 2007 was £0.33 Mil. Hence, Bede's Receivables Turnover for the three months ended in Sep. 2007 was 6.71.


Bede Receivables Turnover Historical Data

The historical data trend for Bede'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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Bede Receivables Turnover Chart

Bede Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 3.67 4.02 3.90 4.21

Bede Quarterly Data
Mar02 Sep03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 3.63 4.10 1.51 1.85 6.71

Competitive Comparison of Bede's Receivables Turnover

For the subindustry, Bede'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.


Bede's Receivables Turnover Distribution in the Industry

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

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



Bede Receivables Turnover Calculation

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

Bede's Receivables Turnover for the fiscal year that ended in Dec. 2006 is calculated as

Receivables Turnover (A: Dec. 2006 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2006 ) / ((Accounts Receivable (A: Dec. 2005 ) + Accounts Receivable (A: Dec. 2006 )) / count )
=5.96 / ((1.229 + 1.604) / 2 )
=5.96 / 1.4165
=4.21

Bede's Receivables Turnover for the quarter that ended in Sep. 2007 is calculated as

Receivables Turnover (Q: Sep. 2007 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2007 ) / ((Accounts Receivable (Q: Jun. 2007 ) + Accounts Receivable (Q: Sep. 2007 )) / count )
=2.226 / ((0.346 + 0.317) / 2 )
=2.226 / 0.3315
=6.71

* 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.


Bede  (LSE:BED) 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.


Bede Receivables Turnover Related Terms

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Bede (LSE:BED) Business Description

Industry
Traded in Other Exchanges
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Address
Bede PLC is engaged in designing, manufacturing, integration, sale and service of X-ray metrology tools for the semiconductor industry. The group comprises two business segments: Design, manufacture, integration and sale of X-ray metrology tools; and Service of X-ray metrology tools for the semiconductor industry.

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