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Hullera Vasco Leonesa S.A. (LSE:0OKC) Receivables Turnover : 1.61 (As of Jun. 2015)


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What is Hullera Vasco Leonesa S.A. 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. Hullera Vasco Leonesa S.A.'s Revenue for the six months ended in Jun. 2015 was €11.10 Mil. Hullera Vasco Leonesa S.A.'s average Accounts Receivable for the six months ended in Jun. 2015 was €6.88 Mil. Hence, Hullera Vasco Leonesa S.A.'s Receivables Turnover for the six months ended in Jun. 2015 was 1.61.


Hullera Vasco Leonesa S.A. Receivables Turnover Historical Data

The historical data trend for Hullera Vasco Leonesa S.A.'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.

Hullera Vasco Leonesa S.A. Receivables Turnover Chart

Hullera Vasco Leonesa S.A. Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial 6.64 5.43 11.73 6.39 5.75

Hullera Vasco Leonesa S.A. Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Jun15
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.28 3.44 2.35 1.86 1.61

Competitive Comparison of Hullera Vasco Leonesa S.A.'s Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Hullera Vasco Leonesa S.A.'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.


Hullera Vasco Leonesa S.A.'s Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hullera Vasco Leonesa S.A.'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hullera Vasco Leonesa S.A.'s Receivables Turnover falls into.



Hullera Vasco Leonesa S.A. Receivables Turnover Calculation

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

Hullera Vasco Leonesa S.A.'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 )
=78.074 / ((5.197 + 21.973) / 2 )
=78.074 / 13.585
=5.75

Hullera Vasco Leonesa S.A.'s Receivables Turnover for the quarter that ended in Jun. 2015 is calculated as

Receivables Turnover (Q: Jun. 2015 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2015 ) / ((Accounts Receivable (Q: Jun. 2014 ) + Accounts Receivable (Q: Jun. 2015 )) / count )
=11.101 / ((9.953 + 3.814) / 2 )
=11.101 / 6.8835
=1.61

* 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.


Hullera Vasco Leonesa S.A.  (LSE:0OKC) 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.


Hullera Vasco Leonesa S.A. Receivables Turnover Related Terms

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Hullera Vasco Leonesa S.A. (LSE:0OKC) Business Description

Traded in Other Exchanges
N/A
Address
Hullera Vasco Leonesa S.A. is engaged in the exploration and development of coal mines in Europe.

Hullera Vasco Leonesa S.A. (LSE:0OKC) Headlines

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