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


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What is International Market Centers 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. 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 Receivables Turnover Historical Data

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.

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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

Competitive Comparison of International Market Centers's Receivables Turnover

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's Receivables Turnover Distribution in the 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 Total Inventories
=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 Total Inventories
=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.

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

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International Market Centers (International Market Centers) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » International Market Centers Inc (NYSE:IMC) » Definitions » Receivables Turnover
Comparable Companies
HMG AIII WHLR PAZRF CDR SRRTF WSR UBA VSNDF PEI GTY LPMDF PPRQF RPT SGLMF BFS ADC CBL WPG KRG
Traded in Other Exchanges
N/A
Address
Website
http://www.imcenters.com
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.

International Market Centers (International Market Centers) Headlines

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