Asia Carbon Industries (Asia Carbon Industries) Receivables Turnover : 2.12 (As of Jun. 2013)

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What is Asia Carbon Industries 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. Asia Carbon Industries's Revenue for the three months ended in Jun. 2013 was $5.49 Mil. Asia Carbon Industries's average Accounts Receivable for the three months ended in Jun. 2013 was $2.59 Mil. Hence, Asia Carbon Industries's Receivables Turnover for the three months ended in Jun. 2013 was 2.12.

Asia Carbon Industries Receivables Turnover Historical Data

The historical data trend for Asia Carbon Industries'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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Asia Carbon Industries Receivables Turnover Chart

Asia Carbon Industries Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Receivables Turnover

7.05

6.62

9.41

11.45

Asia Carbon Industries Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Receivables Turnover	Get a 7-Day Free Trial											2.44	2.33	1.62	1.89	2.12

Competitive Comparison of Asia Carbon Industries's Receivables Turnover

For the Specialty Chemicals subindustry, Asia Carbon Industries'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.

Asia Carbon Industries's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Carbon Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Asia Carbon Industries's Receivables Turnover falls into.

Asia Carbon Industries Receivables Turnover Calculation

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

Asia Carbon Industries's Receivables Turnover for the fiscal year that ended in Dec. 2012 is calculated as

	Receivables Turnover (A: Dec. 2012 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2012 )	/ (	(Accounts Receivable (A: Dec. 2011 )	+	Accounts Receivable (A: Dec. 2012 ))	/	count )
=	45.938	/ (	(4.404	+	3.623)	/	2 )
=	45.938	/	4.0135
=	11.45

Asia Carbon Industries's Receivables Turnover for the quarter that ended in Jun. 2013 is calculated as

	Receivables Turnover (Q: Jun. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2013 )	/ (	(Accounts Receivable (Q: Mar. 2013 )	+	Accounts Receivable (Q: Jun. 2013 ))	/	count )
=	5.487	/ (	(2.7	+	2.479)	/	2 )
=	5.487	/	2.5895
=	2.12

Asia Carbon Industries (OTCPK:ACRB) 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.

Asia Carbon Industries Receivables Turnover Related Terms

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Asia Carbon Industries (Asia Carbon Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asia Carbon Industries Inc (OTCPK:ACRB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xi Gu Nan Street, Qing Xu County Taiyuan, Shanxi Province, Taiyuan City, CHN, 030407

Website

http://www.asiacarbonindustries.com

Asia Carbon Industries Inc is a United States based company, through its subsidiary, manufactures carbon black products under the Great Double Star brand and other by-products. The company manufactures one soft and two hard carbon black products, called N660, N330, and N220, respectively.

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