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American Oriental Bioengineering (American Oriental Bioengineering) Receivables Turnover : 0.64 (As of Sep. 2013)


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What is American Oriental Bioengineering 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. American Oriental Bioengineering's Revenue for the three months ended in Sep. 2013 was $17.9 Mil. American Oriental Bioengineering's average Accounts Receivable for the three months ended in Sep. 2013 was $28.2 Mil. Hence, American Oriental Bioengineering's Receivables Turnover for the three months ended in Sep. 2013 was 0.64.


American Oriental Bioengineering Receivables Turnover Historical Data

The historical data trend for American Oriental Bioengineering'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.

American Oriental Bioengineering Receivables Turnover Chart

American Oriental Bioengineering Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 6.29 5.35 4.00 2.94

American Oriental Bioengineering Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.66 1.42 0.54 0.66 0.64

Competitive Comparison of American Oriental Bioengineering's Receivables Turnover

For the Biotechnology subindustry, American Oriental Bioengineering'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.


American Oriental Bioengineering's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, American Oriental Bioengineering's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where American Oriental Bioengineering's Receivables Turnover falls into.



American Oriental Bioengineering Receivables Turnover Calculation

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

American Oriental Bioengineering'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 )
=145.1 / ((53.196 + 45.544) / 2 )
=145.1 / 49.37
=2.94

American Oriental Bioengineering's Receivables Turnover for the quarter that ended in Sep. 2013 is calculated as

Receivables Turnover (Q: Sep. 2013 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2013 ) / ((Accounts Receivable (Q: Jun. 2013 ) + Accounts Receivable (Q: Sep. 2013 )) / count )
=17.936 / ((29.24 + 27.228) / 2 )
=17.936 / 28.234
=0.64

* 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.


American Oriental Bioengineering  (OTCPK:AOBI) 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.


American Oriental Bioengineering Receivables Turnover Related Terms

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American Oriental Bioengineering (American Oriental Bioengineering) Business Description

Traded in Other Exchanges
N/A
Address
1 Liangshuihe First Ave, Beijing E-Town, Economic and Technology Development Area, E-Town, Beijing, CHN, 100176
Website
American Oriental Bioengineering Inc is a manufacturer of pharmaceutical and healthcare products. Its product line encompasses prescription pharmaceutical products, over-the-counter pharmaceutical products and nutraceutical products.
Executives
Patti Cosimo J director AMERICAN ORIENTAL BIOENGINEERING, INC. 90 PARK AVENUE, 17TH FLOOR NEW YORK NY 10016

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