ACAGF (Arcandor AG) Receivables Turnover: 27.07 (As of Sep. 2008)

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What is Arcandor AG Receivables Turnover?

Arcandor AG ACAGF Receivables Turnover is 27.07 as of Sep. 2008.

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. Arcandor AG's Revenue for the six months ended in Sep. 2008 was $27,773 Mil. Arcandor AG's average Accounts Receivable for the six months ended in Sep. 2008 was $1,026 Mil. Hence, Arcandor AG's Receivables Turnover for the six months ended in Sep. 2008 was 27.07.

Arcandor AG  (OTCPK:ACAGF) 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.

Arcandor AG Receivables Turnover Related Terms

Arcandor AG Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Arcandor AG'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.

Arcandor AG Receivables Turnover Chart

Arcandor AG Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Sep07 Sep08
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 21.28 28.05

Arcandor AG Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Sep08
Receivables Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 27.07

ACAGF vs : Receivables Turnover Comparison

For the Department Stores subindustry, Arcandor AG'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.

Arcandor AG Receivables Turnover vs Retail - Cyclical Industry

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

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


Arcandor AG Receivables Turnover Calculation

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

Arcandor AG's Receivables Turnover for the fiscal year that ended in Sep. 2008 is calculated as

Receivables Turnover (A: Sep. 2008 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2008 ) / ((Accounts Receivable (A: Sep. 2007 ) + Accounts Receivable (A: Sep. 2008 )) / count )
=27772.581 / ((953.903 + 1026.016) / 2 )
=27772.581 / 989.9595
=28.05

Arcandor AG's Receivables Turnover for the quarter that ended in Sep. 2008 is calculated as

Receivables Turnover (Q: Sep. 2008 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2008 ) / ((Accounts Receivable (Q: Dec. 2006 ) + Accounts Receivable (Q: Sep. 2008 )) / count )
=27772.581 / ((0 + 1026.016) / 1 )
=27772.581 / 1026.016
=27.07

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 27.07 mean?
Arcandor AG (ACAGF) has a Receivables Turnover of 27.07 as of Sep. 2008. The accounts 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. View historical data on Arcandor AG and its competitors.
Is Arcandor AG's Receivables Turnover too high?
Arcandor AG's current Receivables Turnover is 27.07. The Retail - Cyclical industry median Receivables Turnover is 19.39. Arcandor AG's value of 27.07 is 39.6% above this industry median.
How does Arcandor AG's Receivables Turnover compare to ?
Arcandor AG's Receivables Turnover of 27.07 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 19.39. Arcandor AG's value of 27.07 is 39.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.39, based on 1,099 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arcandor AG's current Receivables Turnover of 27.07 is 39.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Arcandor AG and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcandor AG's current Receivables Turnover is 27.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcandor AG stock overvalued right now?
Arcandor AG (ACAGF) has a current Receivables Turnover of 27.07. The current Receivables Turnover is 27.07 and 39.6% above the Retail - Cyclical industry median of 19.39. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Arcandor AG (ACAGF), the current Receivables Turnover is 27.07 as of Sep. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arcandor AG Business Description

Comparable Companies
Address Arcandor AG, Theodor-althoff-strac E 2, Essen, DEU, 45133
Arcandor AG is in insolvency. Arcandor was a German handels and tourism company, with the divisions Karstadt, mail-order operation (Primondo) and Thomas Cook.