Maiden Lane Jewelry (Maiden Lane Jewelry) Receivables Turnover : 0.41 (As of Nov. 2015)

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What is Maiden Lane Jewelry 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. Maiden Lane Jewelry's Revenue for the three months ended in Nov. 2015 was $1.95 Mil. Maiden Lane Jewelry's average Accounts Receivable for the three months ended in Nov. 2015 was $4.79 Mil. Hence, Maiden Lane Jewelry's Receivables Turnover for the three months ended in Nov. 2015 was 0.41.

Maiden Lane Jewelry Receivables Turnover Historical Data

The historical data trend for Maiden Lane Jewelry'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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Maiden Lane Jewelry Receivables Turnover Chart

Maiden Lane Jewelry Annual Data

Trend

May13

May14

May15

Receivables Turnover

4.61

3.17

Maiden Lane Jewelry Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15
Receivables Turnover	Get a 7-Day Free Trial								0.90	0.57	0.54	0.56	0.41

Competitive Comparison of Maiden Lane Jewelry's Receivables Turnover

For the Luxury Goods subindustry, Maiden Lane Jewelry'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.

Maiden Lane Jewelry's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Maiden Lane Jewelry's Receivables Turnover falls into.

Maiden Lane Jewelry Receivables Turnover Calculation

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

Maiden Lane Jewelry's Receivables Turnover for the fiscal year that ended in May. 2015 is calculated as

	Receivables Turnover (A: May. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: May. 2015 )	/ (	(Accounts Receivable (A: May. 2014 )	+	Accounts Receivable (A: May. 2015 ))	/	count )
=	8.853	/ (	(1.594	+	3.991)	/	2 )
=	8.853	/	2.7925
=	3.17

Maiden Lane Jewelry's Receivables Turnover for the quarter that ended in Nov. 2015 is calculated as

	Receivables Turnover (Q: Nov. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2015 )	/ (	(Accounts Receivable (Q: Aug. 2015 )	+	Accounts Receivable (Q: Nov. 2015 ))	/	count )
=	1.947	/ (	(4.55	+	5.034)	/	2 )
=	1.947	/	4.792
=	0.41

Maiden Lane Jewelry (OTCPK:MDNL) 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.

Maiden Lane Jewelry Receivables Turnover Related Terms

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Maiden Lane Jewelry (Maiden Lane Jewelry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maiden Lane Jewelry Ltd (OTCPK:MDNL) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

64 West 48th Street, Suite 1107, New York, NY, USA, 10036

Website

http://www.myromantique.com

Maiden Lane Jewelry Ltd is engaged in producing engagement rings and other diamond jewelry to retailers across the United States. The company's significant feature consists of ASPIRI collection of bridal engagement rings which includes both a center diamond and setting. In addition, it is also a wholesaler and manufacturer of jewelry which includes pendants, bracelets, and earrings. The company's primary sales contain complete engagement rings with a focus on bridal jewelry featuring uniquely cut stones and settings.

Executives

Michael I Wirth

officer: CEO

1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019

Maiden Lane Jewelry (Maiden Lane Jewelry) Headlines

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