IMC (International Market Centers) Receivables Turnover: 5.81 (As of Dec. 2014)


What is International Market Centers Receivables Turnover?

International Market Centers IMC Receivables Turnover is 5.81 as of Dec. 2014.

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. International Market Centers's Revenue for the six months ended in Dec. 2014 was $162.80 Mil. International Market Centers's average Accounts Receivable for the six months ended in Dec. 2014 was $28.04 Mil. Hence, International Market Centers's Receivables Turnover for the six months ended in Dec. 2014 was 5.81.

International Market Centers  (NYSE:IMC) 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.

International Market Centers Receivables Turnover Related Terms

International Market Centers Receivables Turnover Historical Data

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The historical data trend for International Market Centers'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.

International Market Centers Receivables Turnover Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Receivables Turnover
5.73 5.72 5.81

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Receivables Turnover 5.73 5.72 5.81

IMC vs HMG, AIII, WHLR: Receivables Turnover Comparison

For the REIT - Retail subindustry, International Market Centers'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.

International Market Centers Receivables Turnover vs REITs Industry

For the REITs industry and Real Estate sector, International Market Centers's Receivables Turnover distribution charts can be found below:

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


International Market Centers Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=162.801 / ((28.484 + 27.593) / 2 )
=162.801 / 28.0385
=5.81

International Market Centers's Receivables Turnover for the quarter that ended in Dec. 2014 is calculated as

Receivables Turnover (Q: Dec. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2014 ) / ((Accounts Receivable (Q: Dec. 2013 ) + Accounts Receivable (Q: Dec. 2014 )) / count )
=162.801 / ((28.484 + 27.593) / 2 )
=162.801 / 28.0385
=5.81

* 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 5.81 mean?
International Market Centers (IMC) has a Receivables Turnover of 5.81 as of Dec. 2014. 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 International Market Centers and its competitors.
Is International Market Centers' Receivables Turnover too high?
International Market Centers' current Receivables Turnover is 5.81. The REITs industry median Receivables Turnover is 15.98. International Market Centers' value of 5.81 is 63.6% below this industry median.
How does International Market Centers' Receivables Turnover compare to HMG and AIII?
International Market Centers' Receivables Turnover of 5.81 can be compared against companies in the REITs industry. The industry median Receivables Turnover is 15.98. International Market Centers' value of 5.81 is 63.6% below 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 REITs company?
The median Receivables Turnover among REITs companies is 15.98, based on 679 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. International Market Centers's current Receivables Turnover of 5.81 is 63.6% below 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 International Market Centers and its competitors. For the REITs industry, the median Receivables Turnover is 15.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Market Centers's current Receivables Turnover is 5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Market Centers stock overvalued right now?
International Market Centers (IMC) has a current Receivables Turnover of 5.81. The current Receivables Turnover is 5.81 and 63.6% below the REITs industry median of 15.98. 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 International Market Centers (IMC), the current Receivables Turnover is 5.81 as of Dec. 2014. 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.

International Market Centers Business Description

Industry Real EstateREITs
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.