Empresa Siderurgica del PeruA (LIM:SIDERC1) Receivables Turnover: 6.62 (As of Dec. 2016)

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What is Empresa Siderurgica del PeruA Receivables Turnover?

Empresa Siderurgica del PeruA LIM:SIDERC1 Receivables Turnover is 6.62 as of Dec. 2016.

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. Empresa Siderurgica del PeruA's Revenue for the six months ended in Dec. 2016 was S/.1,438 Mil. Empresa Siderurgica del PeruA's average Accounts Receivable for the six months ended in Dec. 2016 was S/.217 Mil. Hence, Empresa Siderurgica del PeruA's Receivables Turnover for the six months ended in Dec. 2016 was 6.62.


Empresa Siderurgica del PeruA  (LIM:SIDERC1) 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.


Empresa Siderurgica del PeruA Receivables Turnover Related Terms


Empresa Siderurgica del PeruA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Empresa Siderurgica del PeruA'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.

Empresa Siderurgica del PeruA Receivables Turnover Chart

Empresa Siderurgica del PeruA Annual Data
Trend Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial 9.67 10.17 8.04 5.99 6.62

Empresa Siderurgica del PeruA Semi-Annual Data
Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
Receivables Turnover Get a 7-Day Free Trial 9.67 10.17 8.04 5.99 6.62

Empresa Siderurgica del PeruA Receivables Turnover Competitor Comparison

For the Steel subindustry, Empresa Siderurgica del PeruA'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.


Empresa Siderurgica del PeruA Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Empresa Siderurgica del PeruA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Empresa Siderurgica del PeruA's Receivables Turnover falls into.



Empresa Siderurgica del PeruA Receivables Turnover Calculation

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

Empresa Siderurgica del PeruA's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=1437.931 / ((242.078 + 192.422) / 2 )
=1437.931 / 217.25
=6.62

Empresa Siderurgica del PeruA's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Dec. 2015 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=1437.931 / ((242.078 + 192.422) / 2 )
=1437.931 / 217.25
=6.62

* 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 6.62 mean?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a Receivables Turnover of 6.62 as of Dec. 2016. 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 Empresa Siderurgica del PeruA and its competitors.
Is Empresa Siderurgica del PeruA's Receivables Turnover too high?
Empresa Siderurgica del PeruA's current Receivables Turnover is 6.62. The Steel industry median Receivables Turnover is 7.11. Empresa Siderurgica del PeruA's value of 6.62 is 6.8% below this industry median.
How does Empresa Siderurgica del PeruA's Receivables Turnover compare to competitors?
Empresa Siderurgica del PeruA's Receivables Turnover of 6.62 can be compared against companies in the Steel industry. The industry median Receivables Turnover is 7.11. Empresa Siderurgica del PeruA's value of 6.62 is 6.8% below 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 Steel company?
The median Receivables Turnover among Steel companies is 7.11, based on 606 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. Empresa Siderurgica del PeruA's current Receivables Turnover of 6.62 is 6.8% below 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 Empresa Siderurgica del PeruA and its competitors. For the Steel industry, the median Receivables Turnover is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresa Siderurgica del PeruA's current Receivables Turnover is 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Siderurgica del PeruA stock overvalued right now?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a current Receivables Turnover of 6.62. The current Receivables Turnover is 6.62 and 6.8% below the Steel industry median of 7.11. 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 Empresa Siderurgica del PeruA (LIM:SIDERC1), the current Receivables Turnover is 6.62 as of Dec. 2016. 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.

Empresa Siderurgica del PeruA Business Description

Address Avenue Juan de Arona 151, Tower B, Floor 5, Lima, PER
Empresa Siderurgica del Peru SAA is a steel manufacturing company. The company produces long steel designed for the construction and mining industry. The company provides long, flat, tubular, and road products.