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Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Receivables Turnover : 0.72 (As of Dec. 2013)


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What is Kent Gida Maddelerinayii Ve Ticaret AS 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. Kent Gida Maddelerinayii Ve Ticaret AS's Revenue for the three months ended in Dec. 2013 was ₺131.6 Mil. Kent Gida Maddelerinayii Ve Ticaret AS's average Accounts Receivable for the three months ended in Dec. 2013 was ₺183.3 Mil. Hence, Kent Gida Maddelerinayii Ve Ticaret AS's Receivables Turnover for the three months ended in Dec. 2013 was 0.72.


Kent Gida Maddelerinayii Ve Ticaret AS Receivables Turnover Historical Data

The historical data trend for Kent Gida Maddelerinayii Ve Ticaret AS'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.

Kent Gida Maddelerinayii Ve Ticaret AS Receivables Turnover Chart

Kent Gida Maddelerinayii Ve Ticaret AS Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 3.28 3.57 3.26 3.30

Kent Gida Maddelerinayii Ve Ticaret AS Quarterly Data
Dec02 Dec03 Dec04 Sep07 Dec07 Sep08 Dec08 Dec09 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Sep13 Dec13
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 0.64 0.64 0.74 0.90 0.72

Competitive Comparison of Kent Gida Maddelerinayii Ve Ticaret AS's Receivables Turnover

For the Confectioners subindustry, Kent Gida Maddelerinayii Ve Ticaret AS'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.


Kent Gida Maddelerinayii Ve Ticaret AS's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kent Gida Maddelerinayii Ve Ticaret AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kent Gida Maddelerinayii Ve Ticaret AS's Receivables Turnover falls into.



Kent Gida Maddelerinayii Ve Ticaret AS Receivables Turnover Calculation

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

Kent Gida Maddelerinayii Ve Ticaret AS's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=584.232 / ((179.091 + 174.989) / 2 )
=584.232 / 177.04
=3.30

Kent Gida Maddelerinayii Ve Ticaret AS's Receivables Turnover for the quarter that ended in Dec. 2013 is calculated as

Receivables Turnover (Q: Dec. 2013 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2013 ) / ((Accounts Receivable (Q: Sep. 2013 ) + Accounts Receivable (Q: Dec. 2013 )) / count )
=131.57 / ((191.659 + 174.989) / 2 )
=131.57 / 183.324
=0.72

* 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.


Kent Gida Maddelerinayii Ve Ticaret AS  (IST:KENT) 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.


Kent Gida Maddelerinayii Ve Ticaret AS Receivables Turnover Related Terms

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Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Business Description

Traded in Other Exchanges
N/A
Address
Cumhuriyet Mah 2253, Sokak No.11, Gebze, Kocaeli, Istanbul, TUR, 41400
Kent Gida Maddeleri Sanayii Ve Ticaret AS operates as a confectionery company. It produces as well as sells candy, chewing gums and chocolates, coffee, salty cookies and powdered beverages. The products of the company are offered under various brands such as Barni, Bubblicious, Milka, Toblerone, Bonibon, tofita, Olips, poptip, and others. Geographically the operations are carried out through Turkey.

Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Headlines

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