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Cuisine Solutions (Cuisine Solutions) Receivables Turnover : 2.62 (As of Mar. 2009)


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What is Cuisine Solutions 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. Cuisine Solutions's Revenue for the three months ended in Mar. 2009 was $21.42 Mil. Cuisine Solutions's average Accounts Receivable for the three months ended in Mar. 2009 was $8.18 Mil. Hence, Cuisine Solutions's Receivables Turnover for the three months ended in Mar. 2009 was 2.62.


Cuisine Solutions Receivables Turnover Historical Data

The historical data trend for Cuisine Solutions'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.

Cuisine Solutions Receivables Turnover Chart

Cuisine Solutions Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.77 12.31 14.02 14.21 12.33

Cuisine Solutions Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 2.86 2.56 2.35 2.56 2.62

Competitive Comparison of Cuisine Solutions's Receivables Turnover

For the Packaged Foods subindustry, Cuisine Solutions'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.


Cuisine Solutions's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cuisine Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cuisine Solutions's Receivables Turnover falls into.



Cuisine Solutions Receivables Turnover Calculation

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

Cuisine Solutions's Receivables Turnover for the fiscal year that ended in Jun. 2008 is calculated as

Receivables Turnover (A: Jun. 2008 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2008 ) / ((Accounts Receivable (A: Jun. 2007 ) + Accounts Receivable (A: Jun. 2008 )) / count )
=87.479 / ((5.921 + 8.264) / 2 )
=87.479 / 7.0925
=12.33

Cuisine Solutions's Receivables Turnover for the quarter that ended in Mar. 2009 is calculated as

Receivables Turnover (Q: Mar. 2009 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2009 ) / ((Accounts Receivable (Q: Dec. 2008 ) + Accounts Receivable (Q: Mar. 2009 )) / count )
=21.415 / ((8.054 + 8.305) / 2 )
=21.415 / 8.1795
=2.62

* 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.


Cuisine Solutions  (OTCPK:CUSI) 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.


Cuisine Solutions Receivables Turnover Related Terms

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Cuisine Solutions (Cuisine Solutions) Business Description

Traded in Other Exchanges
N/A
Address
22445 Sous Vide Lane, Unit 100, Sterling, VA, USA, 20166
Cuisine Solutions Inc is a United States-based company engaged in the business of production and marketing of fully-cooked, frozen and prepared foods to different channels and geographic regions. The company's food product portfolio includes poultry, sauces, seafood, lamb, pork, veal, beef and other items.
Executives
Yuyun Tristan Kuo officer: CFO, Treasurer, and Secretary 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312