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China Specialty Glass AG (FRA:8GS) Receivables Turnover : 1.22 (As of Jun. 2014)


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What is China Specialty Glass AG 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 Specialty Glass AG's Revenue for the three months ended in Jun. 2014 was €28.7 Mil. China Specialty Glass AG's average Accounts Receivable for the three months ended in Jun. 2014 was €23.4 Mil. Hence, China Specialty Glass AG's Receivables Turnover for the three months ended in Jun. 2014 was 1.22.


China Specialty Glass AG Receivables Turnover Historical Data

The historical data trend for China Specialty Glass AG'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.

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China Specialty Glass AG Receivables Turnover Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Receivables Turnover
- 5.46 5.78 5.79

China Specialty Glass AG Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 1.42 1.37 0.37 1.38 1.22

Competitive Comparison of China Specialty Glass AG's Receivables Turnover

For the Security & Protection Services subindustry, China Specialty Glass AG'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 Specialty Glass AG's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Specialty Glass AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Specialty Glass AG's Receivables Turnover falls into.



China Specialty Glass AG Receivables Turnover Calculation

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

China Specialty Glass AG's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=118.727 / ((23.819 + 17.215) / 2 )
=118.727 / 20.517
=5.79

China Specialty Glass AG's Receivables Turnover for the quarter that ended in Jun. 2014 is calculated as

Receivables Turnover (Q: Jun. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2014 ) / ((Accounts Receivable (Q: Mar. 2014 ) + Accounts Receivable (Q: Jun. 2014 )) / count )
=28.688 / ((20.091 + 26.782) / 2 )
=28.688 / 23.4365
=1.22

* 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 Specialty Glass AG  (FRA:8GS) 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 Specialty Glass AG Receivables Turnover Related Terms

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China Specialty Glass AG (FRA:8GS) Business Description

Traded in Other Exchanges
N/A
Address
An den Romerhuegeln 1, Grunwald, DEU, 82031
China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.

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