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Anchor Capital Investments (FRA:ACP) Receivables Turnover : 71.33 (As of Dec. 2016)


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What is Anchor Capital Investments 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. Anchor Capital Investments's Revenue for the six months ended in Dec. 2016 was €0.64 Mil. Anchor Capital Investments's average Accounts Receivable for the six months ended in Dec. 2016 was €0.01 Mil. Hence, Anchor Capital Investments's Receivables Turnover for the six months ended in Dec. 2016 was 71.33.


Anchor Capital Investments Receivables Turnover Historical Data

The historical data trend for Anchor Capital Investments'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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Anchor Capital Investments Receivables Turnover Chart

Anchor Capital Investments Annual Data
Trend Dec15 Dec16
Receivables Turnover
296.67 315.00

Anchor Capital Investments Semi-Annual Data
Jun15 Dec15 Jun16 Dec16
Receivables Turnover - 193.44 228.89 71.33

Competitive Comparison of Anchor Capital Investments's Receivables Turnover

For the Capital Markets subindustry, Anchor Capital Investments'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.


Anchor Capital Investments's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Anchor Capital Investments's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Anchor Capital Investments's Receivables Turnover falls into.



Anchor Capital Investments Receivables Turnover Calculation

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

Anchor Capital Investments'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 )
=2.835 / ((0.009 + 0.009) / 2 )
=2.835 / 0.009
=315.00

Anchor Capital Investments's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Jun. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=0.642 / ((0 + 0.009) / 1 )
=0.642 / 0.009
=71.33

* 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.


Anchor Capital Investments  (FRA:ACP) 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.


Anchor Capital Investments Receivables Turnover Related Terms

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Anchor Capital Investments (FRA:ACP) Business Description

Traded in Other Exchanges
N/A
Address
Anchor Capital Investments Ltd is an investment consultancy company. It provides financial consulting, financial analysis, listing on the Stock Exchanges, business plan development and website development services.