Aquarius Platinum (Aquarius Platinum) Receivables Turnover : 3.13 (As of Dec. 2015)

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What is Aquarius Platinum 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. Aquarius Platinum's Revenue for the six months ended in Dec. 2015 was $78.3 Mil. Aquarius Platinum's average Accounts Receivable for the six months ended in Dec. 2015 was $25.1 Mil. Hence, Aquarius Platinum's Receivables Turnover for the six months ended in Dec. 2015 was 3.13.

Aquarius Platinum Receivables Turnover Historical Data

The historical data trend for Aquarius Platinum'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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Aquarius Platinum Receivables Turnover Chart

Aquarius Platinum Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Receivables Turnover

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8.09

6.52

8.03

7.31

7.76

Aquarius Platinum Semi-Annual Data
	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Receivables Turnover	Get a 7-Day Free Trial															3.34	4.02	3.80	3.98	3.13

Competitive Comparison of Aquarius Platinum's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Aquarius Platinum'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.

Aquarius Platinum's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aquarius Platinum's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aquarius Platinum's Receivables Turnover falls into.

Aquarius Platinum Receivables Turnover Calculation

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

Aquarius Platinum's Receivables Turnover for the fiscal year that ended in Jun. 2015 is calculated as

	Receivables Turnover (A: Jun. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2015 )	/ (	(Accounts Receivable (A: Jun. 2014 )	+	Accounts Receivable (A: Jun. 2015 ))	/	count )
=	212.908	/ (	(29.833	+	25.062)	/	2 )
=	212.908	/	27.4475
=	7.76

Aquarius Platinum's Receivables Turnover for the quarter that ended in Dec. 2015 is calculated as

	Receivables Turnover (Q: Dec. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2015 )	/ (	(Accounts Receivable (Q: Jun. 2015 )	+	Accounts Receivable (Q: Dec. 2015 ))	/	count )
=	78.328	/ (	(25.062	+	0)	/	1 )
=	78.328	/	25.062
=	3.13

Aquarius Platinum (OTCPK:AQPTY) 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.

Aquarius Platinum Receivables Turnover Related Terms

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Aquarius Platinum (Aquarius Platinum) Business Description

Industry

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Address

Website

http://www.aquariusplatinum.com

Aquarius Platinum Ltd was incorporated in Bermuda as an exempted company and is subject to Bermudian law. The Company is a producer of the platinum group metals, which comprise platinum, palladium, rhodium, osmium, ruthenium and iridium. The Ruthenium and iridium are produced in smaller quantities as co-products, with the base metals nickel, copper and chrome produced as by-products. The Company's operations include Kroondal and Mimosa. The Kroondal is located up-dip of Amplat's Rustenburg Platinum Mine, exploits the UG2 reef in the Townlands and Kroondal ore bodies via five operating decline shafts to depths of up to 700m. The Mimosa is located on the Wedza sub-chamber of the southern portion of the Great Dyke in Zimbabwe.

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