African Potash (LSE:AFPO) Receivables Turnover: 0.00 (As of Jun. 2016)

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What is African Potash Receivables Turnover?

African Potash LSE:AFPO +20.00% Receivables Turnover is 0.00 as of Jun. 2016. The stock has 3 warning signs investors should review.

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. African Potash's Revenue for the six months ended in Jun. 2016 was £0.00 Mil. African Potash's average Accounts Receivable for the six months ended in Jun. 2016 was £0.03 Mil.

African Potash  (LSE:AFPO) 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.

African Potash Receivables Turnover Related Terms

African Potash Receivables Turnover Historical Data

* Premium members only.

The historical data trend for African Potash'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.

African Potash Receivables Turnover Chart

African Potash Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16
Receivables Turnover
0.00 0.00 0.00 0.00 2.05

African Potash Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 2.44 0.00

LSE:AFPO vs RKDA, VEGL, CGA: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, African Potash'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.

African Potash Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, African Potash's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where African Potash's Receivables Turnover falls into.


African Potash Receivables Turnover Calculation

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

African Potash's Receivables Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Receivables Turnover (A: Jun. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2016 ) / ((Accounts Receivable (A: Jun. 2015 ) + Accounts Receivable (A: Jun. 2016 )) / count )
=0.042 / ((0.016 + 0.025) / 2 )
=0.042 / 0.0205
=2.05

African Potash's Receivables Turnover for the quarter that ended in Jun. 2016 is calculated as

Receivables Turnover (Q: Jun. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2016 ) / ((Accounts Receivable (Q: Dec. 2015 ) + Accounts Receivable (Q: Jun. 2016 )) / count )
=0 / ((0 + 0.025) / 1 )
=0 / 0.025
=N/A

* 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 0.00 mean?
African Potash (LSE:AFPO) has a Receivables Turnover of 0.00 as of Jun. 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 African Potash and its competitors.
Is African Potash's Receivables Turnover too high?
African Potash's current Receivables Turnover is 0.00.
How does African Potash's Receivables Turnover compare to RKDA and VEGL?
African Potash's Receivables Turnover of 0.00 can be compared against companies in the Agriculture industry. The industry median Receivables Turnover is 5.43. 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 an Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.43, based on 245 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. 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 African Potash and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Potash's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Potash stock overvalued right now?
African Potash (LSE:AFPO) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 African Potash (LSE:AFPO), the current Receivables Turnover is 0.00 as of Jun. 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.

African Potash Business Description

Address Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ
Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.