BNN Technology (LSE:BNN) Receivables Turnover : 43.24 (As of Jun. 2017)

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What is BNN Technology 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. BNN Technology's Revenue for the six months ended in Jun. 2017 was £4.63 Mil. BNN Technology's average Accounts Receivable for the six months ended in Jun. 2017 was £0.11 Mil. Hence, BNN Technology's Receivables Turnover for the six months ended in Jun. 2017 was 43.24.

BNN Technology Receivables Turnover Historical Data

The historical data trend for BNN Technology'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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BNN Technology Receivables Turnover Chart

BNN Technology Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Receivables Turnover

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8.90

4.49

74.47

12.12

35.28

BNN Technology Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Receivables Turnover	Get a 7-Day Free Trial					5.95	10.04	23.35	26.10	43.24

Competitive Comparison of BNN Technology's Receivables Turnover

For the Internet Content & Information subindustry, BNN Technology'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.

BNN Technology's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BNN Technology's Receivables Turnover distribution charts can be found below:

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

BNN Technology Receivables Turnover Calculation

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

BNN Technology's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Receivables Turnover (A: Dec. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2016 )	/ (	(Accounts Receivable (A: Dec. 2015 )	+	Accounts Receivable (A: Dec. 2016 ))	/	count )
=	2.064	/ (	(0.023	+	0.094)	/	2 )
=	2.064	/	0.0585
=	35.28

BNN Technology's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

	Receivables Turnover (Q: Jun. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2017 )	/ (	(Accounts Receivable (Q: Dec. 2016 )	+	Accounts Receivable (Q: Jun. 2017 ))	/	count )
=	4.627	/ (	(0.094	+	0.12)	/	2 )
=	4.627	/	0.107
=	43.24

BNN Technology (LSE:BNN) 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.

BNN Technology Receivables Turnover Related Terms

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BNN Technology (LSE:BNN) Business Description

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Address

Website

http://www.bnntechnology.com

BNN Technology PLC is a digital content and payment services company from China. The company provides software technology to its client for online payments and on mobile apps. It also engages in the development of digital content for both online and mobile. The organizational business is spread across over 10 provinces in China. BNN also has a joint venture with the Heilongjiang Provincial Sports Bureau (HSB) providing support services to all of HSB's commercial activities. The firm's digital business generates the majority of its revenues.

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