GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Runji Cement Inc (GREY:CRJI) » Definitions » Receivables Turnover

China Runji Cement (China Runji Cement) Receivables Turnover : 1.50 (As of Feb. 2011)


View and export this data going back to 2006. Start your Free Trial

What is China Runji Cement 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. China Runji Cement's Revenue for the three months ended in Feb. 2011 was $17.04 Mil. China Runji Cement's average Accounts Receivable for the three months ended in Feb. 2011 was $11.35 Mil. Hence, China Runji Cement's Receivables Turnover for the three months ended in Feb. 2011 was 1.50.


China Runji Cement Receivables Turnover Historical Data

The historical data trend for China Runji Cement'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.

China Runji Cement Receivables Turnover Chart

China Runji Cement Annual Data
Trend Jan06 Jan07 Aug08 Aug09 Aug10
Receivables Turnover
- - 18.14 11.01 5.74

China Runji Cement Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 1.61 1.62 1.49 1.70 1.50

Competitive Comparison of China Runji Cement's Receivables Turnover

For the Building Materials subindustry, China Runji Cement'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.


China Runji Cement's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Runji Cement's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Runji Cement's Receivables Turnover falls into.



China Runji Cement Receivables Turnover Calculation

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

China Runji Cement's Receivables Turnover for the fiscal year that ended in Aug. 2010 is calculated as

Receivables Turnover (A: Aug. 2010 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2010 ) / ((Accounts Receivable (A: Aug. 2009 ) + Accounts Receivable (A: Aug. 2010 )) / count )
=50.064 / ((7.879 + 9.577) / 2 )
=50.064 / 8.728
=5.74

China Runji Cement's Receivables Turnover for the quarter that ended in Feb. 2011 is calculated as

Receivables Turnover (Q: Feb. 2011 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2011 ) / ((Accounts Receivable (Q: Nov. 2010 ) + Accounts Receivable (Q: Feb. 2011 )) / count )
=17.042 / ((14.87 + 7.824) / 2 )
=17.042 / 11.347
=1.50

* 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.


China Runji Cement  (GREY:CRJI) 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.


China Runji Cement Receivables Turnover Related Terms

Thank you for viewing the detailed overview of China Runji Cement's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


China Runji Cement (China Runji Cement) Business Description

Traded in Other Exchanges
N/A
Address
Xianzong town, Hanshan county, Chaohu, Anhui, CHN
Website
China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

No Headlines