Hiru (HIRU) Receivables Turnover: 39.05 (As of Jun. 2001)

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What is Hiru Receivables Turnover?

Hiru HIRU Receivables Turnover is 39.05 as of Jun. 2001.

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. Hiru's Revenue for the three months ended in Jun. 2001 was $46.5 Mil. Hiru's average Accounts Receivable for the three months ended in Jun. 2001 was $1.2 Mil. Hence, Hiru's Receivables Turnover for the three months ended in Jun. 2001 was 39.05.


Hiru  (OTCPK:HIRU) 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.


Hiru Receivables Turnover Related Terms


Hiru Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hiru'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.

Hiru Receivables Turnover Chart

Hiru Annual Data
Trend Sep94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Hiru Quarterly Data
Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01
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 0.00 0.00 0.00 39.04 39.05

HIRU vs VITIF, HSTC, NTRR: Receivables Turnover Comparison

For the Other Industrial Metals & Mining subindustry, Hiru'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.


Hiru Receivables Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hiru's Receivables Turnover distribution charts can be found below:

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



Hiru Receivables Turnover Calculation

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

Hiru's Receivables Turnover for the fiscal year that ended in Dec. 2000 is calculated as

Receivables Turnover (A: Dec. 2000 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2000 ) / ((Accounts Receivable (A: Dec. 2099 ) + Accounts Receivable (A: Dec. 2000 )) / count )
=218.147 / ((0 + 0) / 1 )
=218.147 / 0
=N/A

Hiru's Receivables Turnover for the quarter that ended in Jun. 2001 is calculated as

Receivables Turnover (Q: Jun. 2001 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2001 ) / ((Accounts Receivable (Q: Mar. 2001 ) + Accounts Receivable (Q: Jun. 2001 )) / count )
=46.494 / ((1.219 + 1.162) / 2 )
=46.494 / 1.1905
=39.05

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 39.05 mean?
Hiru (HIRU) has a Receivables Turnover of 39.05 as of Jun. 2001. The accounts 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. View historical data on Hiru and its competitors.
Is Hiru's Receivables Turnover too high?
Hiru's current Receivables Turnover is 39.05. The Metals & Mining industry median Receivables Turnover is 9.40. Hiru's value of 39.05 is 315.4% above this industry median.
How does Hiru's Receivables Turnover compare to VITIF and HSTC?
Hiru's Receivables Turnover of 39.05 can be compared against companies in the Metals & Mining industry. The industry median Receivables Turnover is 9.40. Hiru's value of 39.05 is 315.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.40, based on 780 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hiru's current Receivables Turnover of 39.05 is 315.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Hiru and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiru's current Receivables Turnover is 39.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiru stock overvalued right now?
Hiru (HIRU) has a current Receivables Turnover of 39.05. The current Receivables Turnover is 39.05 and 315.4% above the Metals & Mining industry median of 9.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Hiru (HIRU), the current Receivables Turnover is 39.05 as of Jun. 2001. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hiru Business Description

Address 3379 Peachtree Road NE, Suite 700, Atlanta, GA, USA, 30326
Hiru Corp is a holding engaged in Mining and natural resources Exploration, it has completed end of the last Quarter the integration of the Australian mining assets, the Balfour Project, and processed the abandon of the previous Water business and related activities owned by the previous control holders.