Johnston Press (Johnston Press) Receivables Turnover : 4.50 (As of Jun. 2018)

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What is Johnston Press 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. Johnston Press's Revenue for the six months ended in Jun. 2018 was $123.66 Mil. Johnston Press's average Accounts Receivable for the six months ended in Jun. 2018 was $27.49 Mil. Hence, Johnston Press's Receivables Turnover for the six months ended in Jun. 2018 was 4.50.

Johnston Press Receivables Turnover Historical Data

The historical data trend for Johnston Press'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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Johnston Press Receivables Turnover Chart

Johnston Press Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Receivables Turnover

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10.04

10.07

9.93

8.90

9.50

Johnston Press Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Receivables Turnover	Get a 7-Day Free Trial															3.88	3.54	3.84	3.87	4.50

Competitive Comparison of Johnston Press's Receivables Turnover

For the Publishing subindustry, Johnston Press'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.

Johnston Press's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Johnston Press's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Johnston Press's Receivables Turnover falls into.

Johnston Press Receivables Turnover Calculation

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

Johnston Press's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Receivables Turnover (A: Dec. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2017 )	/ (	(Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )
=	270.263	/ (	(28.825	+	28.099)	/	2 )
=	270.263	/	28.462
=	9.50

Johnston Press's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

	Receivables Turnover (Q: Jun. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2018 )	/ (	(Accounts Receivable (Q: Dec. 2017 )	+	Accounts Receivable (Q: Jun. 2018 ))	/	count )
=	123.657	/ (	(28.099	+	26.878)	/	2 )
=	123.657	/	27.4885
=	4.50

Johnston Press (OTCPK:JHPSY) 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.

Johnston Press Receivables Turnover Related Terms

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Johnston Press (Johnston Press) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Johnston Press PLC (OTCPK:JHPSY) » Definitions » Receivables Turnover

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Address

30 Queensferry Road, Orchard Brae House, Edinburgh, GBR, EH4 2HS

Website

http://www.johnstonpress.co.uk

Johnston Press PLC is engaged in the multimedia business. The company is one of the largest local and regional multimedia organizations primarily providing news and information services at local and regional level through various publications and websites in the UK. Its business is organized in two segments namely Publishing and Contract Printing. It also manages smartphone applications, websites, and distributes lifestyle magazines. Its brands include Ballymena and Antrim Times, Banbridge Leader, Banbury Guardian, Belper News, Carrick Times, Mid-Sussex Times, Sunday Journal, Isle of Man Examiner and Yorkshire Post. Johnston Press generates most of its revenues through its publishing business.

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