Signature Aviation (Signature Aviation) Receivables Turnover : 4.71 (As of Dec. 2020)

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What is Signature Aviation 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. Signature Aviation's Revenue for the six months ended in Dec. 2020 was $711 Mil. Signature Aviation's average Accounts Receivable for the six months ended in Dec. 2020 was $151 Mil. Hence, Signature Aviation's Receivables Turnover for the six months ended in Dec. 2020 was 4.71.

Signature Aviation Receivables Turnover Historical Data

The historical data trend for Signature Aviation'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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Signature Aviation Receivables Turnover Chart

Signature Aviation Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Receivables Turnover

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9.43

7.97

10.13

14.65

10.22

Signature Aviation Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Receivables Turnover	Get a 7-Day Free Trial															5.72	5.24	5.79	4.93	4.71

Competitive Comparison of Signature Aviation's Receivables Turnover

For the Airports & Air Services subindustry, Signature Aviation'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.

Signature Aviation's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Signature Aviation's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Signature Aviation's Receivables Turnover falls into.

Signature Aviation Receivables Turnover Calculation

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

Signature Aviation's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Receivables Turnover (A: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2020 )	/ (	(Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )
=	1413.9	/ (	(130.1	+	146.6)	/	2 )
=	1413.9	/	138.35
=	10.22

Signature Aviation's Receivables Turnover for the quarter that ended in Dec. 2020 is calculated as

	Receivables Turnover (Q: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2020 )	/ (	(Accounts Receivable (Q: Jun. 2020 )	+	Accounts Receivable (Q: Dec. 2020 ))	/	count )
=	711.2	/ (	(155.1	+	146.6)	/	2 )
=	711.2	/	150.85
=	4.71

Signature Aviation (OTCPK:BBAVF) 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.

Signature Aviation Receivables Turnover Related Terms

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Signature Aviation (Signature Aviation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Signature Aviation PLC (OTCPK:BBAVF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Wigmore Street, London, GBR, W1U 1QY

Website

https://www.signatureaviation.com

Signature Aviation is a United Kingdom-based global aviation support and aftermarket services provider that focuses on servicing the business and general aviation market. The group, including Signature FBO, TechnicAir, and Epic fuels, provides full-service flight and home-base support through the fixed-base operation network for business and general aviation users. The company operates through three segments: owner operators, fractional owner operators, and charter operators. Epic provides fuel and fuel-related services at fixed-base networks across North America, including fuel purchasing cards and transaction processing. The company generates most of its revenue in North America.