Ready Made Clothes (IQS:IRMC) Receivables Turnover : 0.00 (As of . 20)

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What is Ready Made Clothes 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. Ready Made Clothes's Revenue for the three months ended in . 20 was ع.د0.00 Mil. Ready Made Clothes's average Accounts Receivable for the three months ended in . 20 was ع.د0.00 Mil.

Ready Made Clothes Receivables Turnover Historical Data

The historical data trend for Ready Made Clothes'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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Ready Made Clothes Receivables Turnover Chart

Ready Made Clothes Annual Data

Trend

Receivables Turnover

Ready Made Clothes Quarterly Data

Receivables Turnover

Competitive Comparison of Ready Made Clothes's Receivables Turnover

For the Apparel Manufacturing subindustry, Ready Made Clothes'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.

Ready Made Clothes's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ready Made Clothes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ready Made Clothes's Receivables Turnover falls into.

Ready Made Clothes Receivables Turnover Calculation

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

Ready Made Clothes's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

	Receivables Turnover (A: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: . 20 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Ready Made Clothes's Receivables Turnover for the quarter that ended in . 20 is calculated as

	Receivables Turnover (Q: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: . 20 )	/ (	(Accounts Receivable (Q: . 20 )	+	Accounts Receivable (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Ready Made Clothes (IQS:IRMC) 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.

Ready Made Clothes Receivables Turnover Related Terms

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Ready Made Clothes (IQS:IRMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ready Made Clothes (IQS:IRMC) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Near MIB, Al-Mahmoudia, Baghdad, IRQ

Website

Ready Made Clothes manufactures cloth and accessories. The company markets its products throughout Iraq.

Ready Made Clothes (IQS:IRMC) Headlines

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