GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vimicro International Corp (FRA:V7I) » Definitions » Receivables Turnover

Vimicro International (FRA:V7I) Receivables Turnover : 1.29 (As of Jun. 2015)


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

What is Vimicro International 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. Vimicro International's Revenue for the three months ended in Jun. 2015 was €28.28 Mil. Vimicro International's average Accounts Receivable for the three months ended in Jun. 2015 was €21.92 Mil. Hence, Vimicro International's Receivables Turnover for the three months ended in Jun. 2015 was 1.29.


Vimicro International Receivables Turnover Historical Data

The historical data trend for Vimicro International'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.

Vimicro International Receivables Turnover Chart

Vimicro International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 3.24 3.36 2.55 4.27

Vimicro International Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 1.10 1.55 1.32 0.81 1.29

Competitive Comparison of Vimicro International's Receivables Turnover

For the Semiconductors subindustry, Vimicro International'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.


Vimicro International's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Vimicro International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vimicro International's Receivables Turnover falls into.



Vimicro International Receivables Turnover Calculation

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

Vimicro International's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=81.459 / ((18.247 + 19.882) / 2 )
=81.459 / 19.0645
=4.27

Vimicro International's Receivables Turnover for the quarter that ended in Jun. 2015 is calculated as

Receivables Turnover (Q: Jun. 2015 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2015 ) / ((Accounts Receivable (Q: Mar. 2015 ) + Accounts Receivable (Q: Jun. 2015 )) / count )
=28.281 / ((24.059 + 19.772) / 2 )
=28.281 / 21.9155
=1.29

* 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.


Vimicro International  (FRA:V7I) 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.


Vimicro International Receivables Turnover Related Terms

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


Vimicro International (FRA:V7I) Business Description

Traded in Other Exchanges
N/A
Address
Vimicro International is one of China's leading semiconductor design companies. The firm makes mixed-signal multimedia chips used in PC, embedded notebook webcams, mobile phones, and video cameras. The firm recently launched a surveillance segment that provides comprehensive security systems to customers, bundling its chips with other hardware, software, and nonsoftware acquired from third party vendors. The company was founded in 1999.

Vimicro International (FRA:V7I) Headlines

No Headlines