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Mallett (LSE:MAEA) Receivables Turnover : 1.55 (As of Jun. 2014)


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What is Mallett 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. Mallett's Revenue for the six months ended in Jun. 2014 was £4.39 Mil. Mallett's average Accounts Receivable for the six months ended in Jun. 2014 was £2.84 Mil. Hence, Mallett's Receivables Turnover for the six months ended in Jun. 2014 was 1.55.


Mallett Receivables Turnover Historical Data

The historical data trend for Mallett'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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Mallett Receivables Turnover Chart

Mallett Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 5.06 4.50 4.76 4.84

Mallett Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 2.09 1.01 3.27 1.81 1.55

Competitive Comparison of Mallett's Receivables Turnover

For the Specialty Retail subindustry, Mallett'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.


Mallett's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mallett's Receivables Turnover distribution charts can be found below:

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



Mallett Receivables Turnover Calculation

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

Mallett's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=11.776 / ((2.028 + 2.838) / 2 )
=11.776 / 2.433
=4.84

Mallett's Receivables Turnover for the quarter that ended in Jun. 2014 is calculated as

Receivables Turnover (Q: Jun. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2014 ) / ((Accounts Receivable (Q: Dec. 2013 ) + Accounts Receivable (Q: Jun. 2014 )) / count )
=4.391 / ((2.838 + 0) / 1 )
=4.391 / 2.838
=1.55

* 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.


Mallett  (LSE:MAEA) 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.


Mallett Receivables Turnover Related Terms

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Mallett (LSE:MAEA) Business Description

Traded in Other Exchanges
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Address
Mallett PLC is engaged in dealing in antique furniture and works of art. Its activities are split into four business segments: dealing in antique furniture and objets d'art through Mallett; dealing in fine art through James Harvey British Art; designing and manufacturing contemporary furniture and works of art through Meta; and providing restoration services through Hatfields. The group has operations in two geographic regions, namely, UK and US.

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