Arcandor AG (HAM:ARO) Receivables Turnover : 27.07 (As of Sep. 2008)

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What is Arcandor 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. Arcandor AG's Revenue for the six months ended in Sep. 2008 was €19,357 Mil. Arcandor AG's average Accounts Receivable for the six months ended in Sep. 2008 was €715 Mil. Hence, Arcandor AG's Receivables Turnover for the six months ended in Sep. 2008 was 27.07.

Arcandor AG Receivables Turnover Historical Data

The historical data trend for Arcandor 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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Arcandor AG Receivables Turnover Chart

Arcandor AG Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Sep07

Sep08

Receivables Turnover

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21.28

27.63

Arcandor AG Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Sep08
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	27.07

Competitive Comparison of Arcandor AG's Receivables Turnover

For the Department Stores subindustry, Arcandor 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.

Arcandor AG's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arcandor AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Arcandor AG's Receivables Turnover falls into.

Arcandor AG Receivables Turnover Calculation

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

Arcandor AG's Receivables Turnover for the fiscal year that ended in Sep. 2008 is calculated as

	Receivables Turnover (A: Sep. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2008 )	/ (	(Accounts Receivable (A: Sep. 2007 )	+	Accounts Receivable (A: Sep. 2008 ))	/	count )
=	19357.489	/ (	(685.856	+	715.133)	/	2 )
=	19357.489	/	700.4945
=	27.63

Arcandor AG's Receivables Turnover for the quarter that ended in Sep. 2008 is calculated as

	Receivables Turnover (Q: Sep. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2008 )	/ (	(Accounts Receivable (Q: Dec. 2006 )	+	Accounts Receivable (Q: Sep. 2008 ))	/	count )
=	19357.489	/ (	(0	+	715.133)	/	1 )
=	19357.489	/	715.133
=	27.07

Arcandor AG (HAM:ARO) 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.

Arcandor AG Receivables Turnover Related Terms

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Arcandor AG (HAM:ARO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Arcandor AG (HAM:ARO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Arcandor AG, Theodor-althoff-strac E 2, Essen, DEU, 45133

Website

http://www.arcandor.com

Arcandor AG is in insolvency. Arcandor was a German handels and tourism company, with the divisions Karstadt, mail-order operation (Primondo) and Thomas Cook.

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