Sanmenxia Tianyuan Aluminum Co (HKSE:08253) Receivables Turnover : 58.77 (As of Dec. 2010)

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

What is Sanmenxia Tianyuan Aluminum Co 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. Sanmenxia Tianyuan Aluminum Co's Revenue for the six months ended in Dec. 2010 was HK$1,529 Mil. Sanmenxia Tianyuan Aluminum Co's average Accounts Receivable for the six months ended in Dec. 2010 was HK$38 Mil. Hence, Sanmenxia Tianyuan Aluminum Co's Receivables Turnover for the six months ended in Dec. 2010 was 40.74.

Sanmenxia Tianyuan Aluminum Co Receivables Turnover Historical Data

The historical data trend for Sanmenxia Tianyuan Aluminum Co'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.

Sanmenxia Tianyuan Aluminum Co Receivables Turnover Chart

Sanmenxia Tianyuan Aluminum Co Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Receivables Turnover

Get a 7-Day Free Trial

18.47

18.03

21.38

17.05

40.74

Sanmenxia Tianyuan Aluminum Co Semi-Annual Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10
Receivables Turnover	Get a 7-Day Free Trial			18.47	18.03	21.38	17.05	58.77

Competitive Comparison of Sanmenxia Tianyuan Aluminum Co's Receivables Turnover

For the Aluminum subindustry, Sanmenxia Tianyuan Aluminum Co'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.

Sanmenxia Tianyuan Aluminum Co's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sanmenxia Tianyuan Aluminum Co's Receivables Turnover falls into.

Sanmenxia Tianyuan Aluminum Co Receivables Turnover Calculation

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

Sanmenxia Tianyuan Aluminum Co's Receivables Turnover for the fiscal year that ended in Dec. 2010 is calculated as

	Receivables Turnover (A: Dec. 2010 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2010 )	/ (	(Accounts Receivable (A: Dec. 2009 )	+	Accounts Receivable (A: Dec. 2010 ))	/	count )
=	1528.66	/ (	(49.035	+	26.011)	/	2 )
=	1528.66	/	37.523
=	40.74

Sanmenxia Tianyuan Aluminum Co's Receivables Turnover for the quarter that ended in Dec. 2010 is calculated as

	Receivables Turnover (Q: Dec. 2010 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2010 )	/ (	(Accounts Receivable (Q: Dec. 2009 )	+	Accounts Receivable (Q: Dec. 2010 ))	/	count )
=	1528.66	/ (	(49.035	+	26.011)	/	2 )
=	1528.66	/	37.523
=	40.74

Sanmenxia Tianyuan Aluminum Co (HKSE:08253) 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.

Sanmenxia Tianyuan Aluminum Co Receivables Turnover Related Terms

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

Sanmenxia Tianyuan Aluminum Co (HKSE:08253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sanmenxia Tianyuan Aluminum Co Ltd (HKSE:08253) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Website

http://www.styal.com.cn/

Sanmenxia Tianyuan Aluminum Co. is mainly engaged in aluminum and aluminum alloy ingots production and sales, as well as import business concerning reasearch required materials and equipments.

Sanmenxia Tianyuan Aluminum Co (HKSE:08253) Headlines

No Headlines