Tanga Cement (DAR:TCPLC) Receivables Turnover: 0.00 (As of . 20)

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DAR:TCPLC Tanga Cement PLC DAR:TCPLC
33 GF Score
Price TZS3,340.00
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What is Tanga Cement Receivables Turnover?

Tanga Cement DAR:TCPLC +3.10% 33 Receivables Turnover is 0.00 as of . 20. GuruFocus rates DAR:TCPLC with a GF Score™ of 33/100. Among 404 Building Materials companies, Tanga Cement ranks worse than 247524.5% on this metric.

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. Tanga Cement's Revenue for the six months ended in . 20 was TZS0.00 Mil. Tanga Cement's average Accounts Receivable for the six months ended in . 20 was TZS0.00 Mil.


Tanga Cement  (DAR:TCPLC) 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.


Tanga Cement Receivables Turnover Related Terms


Tanga Cement Receivables Turnover Historical Data

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The historical data trend for Tanga 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.

Tanga Cement Receivables Turnover Chart

Tanga Cement Annual Data
Trend
Receivables Turnover

Tanga Cement Semi-Annual Data
Receivables Turnover

DAR:TCPLC vs : Receivables Turnover Comparison

For the Building Materials subindustry, Tanga 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.


Tanga Cement Receivables Turnover vs Building Materials Industry

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

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


DAR:TCPLC
33GF Score
Tanga Cement PLC DAR:TCPLC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tanga Cement Receivables Turnover Calculation

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

Tanga Cement's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

Receivables Turnover (A: . 20 )
=Revenue / Average Accounts Receivable
=Revenue (A: . 20 ) / ((Accounts Receivable (A: . 20 ) + Accounts Receivable (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Tanga Cement's Receivables Turnover for the quarter that ended in . 20 is calculated as

Receivables Turnover (Q: . 20 )
=Revenue / Average Accounts Receivable
=Revenue (Q: . 20 ) / ((Accounts Receivable (Q: . 20 ) + Accounts Receivable (Q: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Tanga Cement (DAR:TCPLC) has a Receivables Turnover of 0.00 as of . 20. The accounts 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. View historical data on Tanga Cement and its competitors. According to the industry distribution chart, Tanga Cement ranks #999999 out of 404 companies in the Building Materials industry.
Is Tanga Cement's Receivables Turnover too high?
Tanga Cement's current Receivables Turnover is 0.00. Based on the distribution chart, Tanga Cement ranks #999999 out of 404 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tanga Cement has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Tanga Cement's Receivables Turnover compare to ?
According to the Building Materials industry distribution chart, Tanga Cement ranks #999999 out of 404 companies for Receivables Turnover. This places Tanga Cement in the lower half of its industry. The industry median Receivables Turnover is 6.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.36, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Tanga Cement and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanga Cement's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanga Cement stock overvalued right now?
Tanga Cement (DAR:TCPLC) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Tanga Cement's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Tanga Cement (DAR:TCPLC), the current Receivables Turnover is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tanga Cement Business Description

Comparable Companies
Address Korogwe Road, Pongwe Factory Area, P O Box 5053, Tanga, TZA
Tanga Cement PLC formerly Tanga Cement Co Ltd is a supplier of cement in Tanzania. The company is a manufacturer of Simba cement brand products. Its main products include Simba imara-32.5R, Simba bora-42.5N and Simba barbara-32.5N.
33GF Score

Get the complete analysis for DAR:TCPLC

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TZS3,340.00
Price