KLMR (KLM Royal Dutch Airlines) Receivables Turnover: 17.66 (As of Dec. 2018)

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What is KLM Royal Dutch Airlines Receivables Turnover?

KLM Royal Dutch Airlines KLMR Receivables Turnover is 17.66 as of Dec. 2018.

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. KLM Royal Dutch Airlines's Revenue for the six months ended in Dec. 2018 was $12,463.03 Mil. KLM Royal Dutch Airlines's average Accounts Receivable for the six months ended in Dec. 2018 was $705.91 Mil. Hence, KLM Royal Dutch Airlines's Receivables Turnover for the six months ended in Dec. 2018 was 17.66.


KLM Royal Dutch Airlines  (OTCPK:KLMR) 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.


KLM Royal Dutch Airlines Receivables Turnover Related Terms


KLM Royal Dutch Airlines Receivables Turnover Historical Data

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The historical data trend for KLM Royal Dutch Airlines'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.

KLM Royal Dutch Airlines Receivables Turnover Chart

KLM Royal Dutch Airlines Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.80 19.05 19.40 19.22 17.66

KLM Royal Dutch Airlines Semi-Annual Data
Mar94 Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 17.80 19.05 19.40 19.22 17.66

KLMR vs : Receivables Turnover Comparison

For the Airlines subindustry, KLM Royal Dutch Airlines'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.


KLM Royal Dutch Airlines Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, KLM Royal Dutch Airlines's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where KLM Royal Dutch Airlines's Receivables Turnover falls into.



KLM Royal Dutch Airlines Receivables Turnover Calculation

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

KLM Royal Dutch Airlines's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=12463.026 / ((734.911 + 676.906) / 2 )
=12463.026 / 705.9085
=17.66

KLM Royal Dutch Airlines's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

Receivables Turnover (Q: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2018 ) / ((Accounts Receivable (Q: Dec. 2017 ) + Accounts Receivable (Q: Dec. 2018 )) / count )
=12463.026 / ((734.911 + 676.906) / 2 )
=12463.026 / 705.9085
=17.66

* 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 17.66 mean?
KLM Royal Dutch Airlines (KLMR) has a Receivables Turnover of 17.66 as of Dec. 2018. 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 KLM Royal Dutch Airlines and its competitors.
Is KLM Royal Dutch Airlines' Receivables Turnover too high?
KLM Royal Dutch Airlines' current Receivables Turnover is 17.66. The Transportation industry median Receivables Turnover is 7.74. KLM Royal Dutch Airlines' value of 17.66 is 128.3% above this industry median.
How does KLM Royal Dutch Airlines' Receivables Turnover compare to ?
KLM Royal Dutch Airlines' Receivables Turnover of 17.66 can be compared against companies in the Transportation industry. The industry median Receivables Turnover is 7.74. KLM Royal Dutch Airlines' value of 17.66 is 128.3% above 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 998 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. KLM Royal Dutch Airlines's current Receivables Turnover of 17.66 is 128.3% above 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 KLM Royal Dutch Airlines and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KLM Royal Dutch Airlines's current Receivables Turnover is 17.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KLM Royal Dutch Airlines stock overvalued right now?
KLM Royal Dutch Airlines (KLMR) has a current Receivables Turnover of 17.66. The current Receivables Turnover is 17.66 and 128.3% above the Transportation industry median of 7.74. 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 KLM Royal Dutch Airlines (KLMR), the current Receivables Turnover is 17.66 as of Dec. 2018. 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.

KLM Royal Dutch Airlines Business Description

Comparable Companies
Address Amsterdamseweg 55, Amstelveen, NH, NLD, 1182 GP
KLM Royal Dutch Airlines is engaged in network activities, which include air transport of passengers and cargo activities, aircraft maintenance, leisure, and other activities linked to air transport. Its segments are: Network, which generates maximum revenue and includes transportation of passengers on scheduled flights, ancillary passenger revenues, SkyTeam alliance partnership arrangements, block-seat sales, transportation of freight, and sale of cargo capacity to third parties; Maintenance, which provides engine services, component services, and airframe maintenance to airlines and clients internationally; Leisure, which covers charter flights and low-cost scheduled flights operated by transavia.com; and Other segment. It generates maximum revenue from Europe and North Africa.