GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mead Johnson Nutrition Co (FRA:0MJA) » Definitions » Receivables Turnover

Mead Johnson Nutrition Co (FRA:0MJA) Receivables Turnover : 2.72 (As of Mar. 2017)


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

What is Mead Johnson Nutrition Co 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. Mead Johnson Nutrition Co's Revenue for the three months ended in Mar. 2017 was €826 Mil. Mead Johnson Nutrition Co's average Accounts Receivable for the three months ended in Mar. 2017 was €304 Mil. Hence, Mead Johnson Nutrition Co's Receivables Turnover for the three months ended in Mar. 2017 was 2.72.


Mead Johnson Nutrition Co Receivables Turnover Historical Data

The historical data trend for Mead Johnson Nutrition Co'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.

Mead Johnson Nutrition Co Receivables Turnover Chart

Mead Johnson Nutrition Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.40 12.62 14.06 13.83 12.31

Mead Johnson Nutrition Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 3.17 - - 2.81 2.72

Competitive Comparison of Mead Johnson Nutrition Co's Receivables Turnover

For the Packaged Foods subindustry, Mead Johnson Nutrition Co'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.


Mead Johnson Nutrition Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mead Johnson Nutrition Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mead Johnson Nutrition Co's Receivables Turnover falls into.



Mead Johnson Nutrition Co Receivables Turnover Calculation

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

Mead Johnson Nutrition Co's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=3548.08 / ((272.371 + 303.929) / 2 )
=3548.08 / 288.15
=12.31

Mead Johnson Nutrition Co's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

Receivables Turnover (Q: Mar. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Mar. 2017 )) / count )
=826.072 / ((303.929 + 0) / 1 )
=826.072 / 303.929
=2.72

* 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.


Mead Johnson Nutrition Co  (FRA:0MJA) 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.


Mead Johnson Nutrition Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Mead Johnson Nutrition Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Mead Johnson Nutrition Co (FRA:0MJA) Business Description

Traded in Other Exchanges
N/A
Address
Mead Johnson Nutrition makes, distributes, and markets pediatric nutrition products worldwide under a variety of brands, including Enfamil, its largest label, along with Sustagen, Enfagrow, and Nutramigen. Infant formula represented 59% of 2015 sales and children's nutrition 39%, with expectant and nursing mother nutrition and pediatric vitamins comprising the remainder. The company sells its products globally; 73% of sales were generated outside the United States in 2015. At about 30% of revenue, China is the company's largest market.

Mead Johnson Nutrition Co (FRA:0MJA) Headlines

No Headlines