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L & L Energy (FRA:7LM) Receivables Turnover : 0.95 (As of Jan. 2014)


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What is L & L Energy 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. L & L Energy's Revenue for the three months ended in Jan. 2014 was €23.2 Mil. L & L Energy's average Accounts Receivable for the three months ended in Jan. 2014 was €24.5 Mil. Hence, L & L Energy's Receivables Turnover for the three months ended in Jan. 2014 was 0.95.


L & L Energy Receivables Turnover Historical Data

The historical data trend for L & L Energy'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.

L & L Energy Receivables Turnover Chart

L & L Energy Annual Data
Trend Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13
Receivables Turnover
Get a 7-Day Free Trial 4.73 6.33 6.44 4.11 5.84

L & L Energy Quarterly Data
Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14
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 1.59 1.48 1.45 1.22 0.95

Competitive Comparison of L & L Energy's Receivables Turnover

For the Thermal Coal subindustry, L & L Energy'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.


L & L Energy's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, L & L Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where L & L Energy's Receivables Turnover falls into.



L & L Energy Receivables Turnover Calculation

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

L & L Energy's Receivables Turnover for the fiscal year that ended in Apr. 2013 is calculated as

Receivables Turnover (A: Apr. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2013 ) / ((Accounts Receivable (A: Apr. 2012 ) + Accounts Receivable (A: Apr. 2013 )) / count )
=152.819 / ((25.155 + 27.211) / 2 )
=152.819 / 26.183
=5.84

L & L Energy's Receivables Turnover for the quarter that ended in Jan. 2014 is calculated as

Receivables Turnover (Q: Jan. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2014 ) / ((Accounts Receivable (Q: Oct. 2013 ) + Accounts Receivable (Q: Jan. 2014 )) / count )
=23.247 / ((25.234 + 23.8) / 2 )
=23.247 / 24.517
=0.95

* 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.


L & L Energy  (FRA:7LM) 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.


L & L Energy Receivables Turnover Related Terms

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L & L Energy (FRA:7LM) Business Description

Traded in Other Exchanges
N/A
Address
130 Andover Park East, Suite 101, Seattle, WA, USA, 98188
L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China.

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