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Metro Global Media (Metro Global Media) Receivables Turnover : 2.64 (As of Nov. 2001)


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What is Metro Global Media 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. Metro Global Media's Revenue for the three months ended in Nov. 2001 was $5.65 Mil. Metro Global Media's average Accounts Receivable for the three months ended in Nov. 2001 was $2.14 Mil. Hence, Metro Global Media's Receivables Turnover for the three months ended in Nov. 2001 was 2.64.


Metro Global Media Receivables Turnover Historical Data

The historical data trend for Metro Global Media'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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Metro Global Media Receivables Turnover Chart

Metro Global Media Annual Data
Trend May92 May93 May94 May95 May96 May97 May98 May99 May00 May01
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 9.29 8.69

Metro Global Media Quarterly Data
Feb97 May97 Aug97 Nov97 Feb98 May98 Aug98 Nov98 Feb99 May99 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01
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 2.12 2.09 2.06 2.33 2.64

Competitive Comparison of Metro Global Media's Receivables Turnover

For the Entertainment subindustry, Metro Global Media'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.


Metro Global Media's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Metro Global Media's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Metro Global Media's Receivables Turnover falls into.



Metro Global Media Receivables Turnover Calculation

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

Metro Global Media's Receivables Turnover for the fiscal year that ended in May. 2001 is calculated as

Receivables Turnover (A: May. 2001 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2001 ) / ((Accounts Receivable (A: May. 2000 ) + Accounts Receivable (A: May. 2001 )) / count )
=25.358 / ((2.991 + 2.848) / 2 )
=25.358 / 2.9195
=8.69

Metro Global Media's Receivables Turnover for the quarter that ended in Nov. 2001 is calculated as

Receivables Turnover (Q: Nov. 2001 )
=Revenue / Average Total Inventories
=Revenue (Q: Nov. 2001 ) / ((Accounts Receivable (Q: Aug. 2001 ) + Accounts Receivable (Q: Nov. 2001 )) / count )
=5.651 / ((1.954 + 2.323) / 2 )
=5.651 / 2.1385
=2.64

* 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.


Metro Global Media  (GREY:MGMA) 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.


Metro Global Media Receivables Turnover Related Terms

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Metro Global Media (Metro Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1060 Park Avenue, Cranston, RI, USA, 02910
Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

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