Noble Investments (UK) (LSE:NBL) Receivables Turnover : 2.61 (As of Feb. 2013)

View and export this data going back to . Start your Free Trial

What is Noble Investments (UK) 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. Noble Investments (UK)'s Revenue for the six months ended in Feb. 2013 was £8.08 Mil. Noble Investments (UK)'s average Accounts Receivable for the six months ended in Feb. 2013 was £3.10 Mil. Hence, Noble Investments (UK)'s Receivables Turnover for the six months ended in Feb. 2013 was 2.61.

Noble Investments (UK) Receivables Turnover Historical Data

The historical data trend for Noble Investments (UK)'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.

* Premium members only.

Noble Investments (UK) Receivables Turnover Chart

Noble Investments (UK) Annual Data

Trend

Aug03

Aug04

Aug05

Aug06

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Receivables Turnover

Get a 7-Day Free Trial

6.17

7.99

8.69

7.52

5.65

Noble Investments (UK) Semi-Annual Data
	Aug03	Feb04	Aug04	Feb05	Aug05	Feb06	Aug06	Feb07	Aug07	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13
Receivables Turnover	Get a 7-Day Free Trial															-	-	5.47	1.73	2.61

Competitive Comparison of Noble Investments (UK)'s Receivables Turnover

For the Specialty Business Services subindustry, Noble Investments (UK)'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.

Noble Investments (UK)'s Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Noble Investments (UK)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Noble Investments (UK)'s Receivables Turnover falls into.

Noble Investments (UK) Receivables Turnover Calculation

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

Noble Investments (UK)'s Receivables Turnover for the fiscal year that ended in Aug. 2012 is calculated as

	Receivables Turnover (A: Aug. 2012 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2012 )	/ (	(Accounts Receivable (A: Aug. 2011 )	+	Accounts Receivable (A: Aug. 2012 ))	/	count )
=	12.352	/ (	(1.28	+	3.095)	/	2 )
=	12.352	/	2.1875
=	5.65

Noble Investments (UK)'s Receivables Turnover for the quarter that ended in Feb. 2013 is calculated as

	Receivables Turnover (Q: Feb. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2013 )	/ (	(Accounts Receivable (Q: Aug. 2012 )	+	Accounts Receivable (Q: Feb. 2013 ))	/	count )
=	8.081	/ (	(3.095	+	0)	/	1 )
=	8.081	/	3.095
=	2.61

Noble Investments (UK) (LSE:NBL) 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.

Noble Investments (UK) Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Noble Investments (UK)'s Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Noble Investments (UK) (LSE:NBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Noble Investments (UK) PLC (LSE:NBL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.nobleinvestmentsplc.com

Noble Investments (UK) PLC is engaged in collectibles retail trading and auctions, including rare coins, stamps, tokens, medals and banknotes. Its two segments are Retail trading and related; and Auctions, commissions and fees. Its provides personalized consultancy services to collectors and dealers in English, Ancient and Foreign coins, Commemorative medals and World tokens, Numismatic and Philatelic Books, Banknotes and Paper Ephemera, Military orders and decorations, and World stamps. It operates under Baldwins's and Apex brands. The group has operations in United Kingdom, North America, Europe, and in other part of the world.