Chagala Group (LSE:CHGG) Receivables Turnover : 3.82 (As of Jun. 2018)

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What is Chagala Group 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. Chagala Group's Revenue for the six months ended in Jun. 2018 was $8.34 Mil. Chagala Group's average Accounts Receivable for the six months ended in Jun. 2018 was $2.18 Mil. Hence, Chagala Group's Receivables Turnover for the six months ended in Jun. 2018 was 3.82.

Chagala Group Receivables Turnover Historical Data

The historical data trend for Chagala Group'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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Chagala Group Receivables Turnover Chart

Chagala Group Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Receivables Turnover

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7.68

8.93

8.49

7.23

7.39

Chagala Group Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Receivables Turnover	Get a 7-Day Free Trial													3.85	3.96	3.63	3.96	3.82

Competitive Comparison of Chagala Group's Receivables Turnover

For the Real Estate - Development subindustry, Chagala Group'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.

Chagala Group's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chagala Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chagala Group's Receivables Turnover falls into.

Chagala Group Receivables Turnover Calculation

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

Chagala Group'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 )
=	19.107	/ (	(2.801	+	2.371)	/	2 )
=	19.107	/	2.586
=	7.39

Chagala Group'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 )
=	8.343	/ (	(2.371	+	1.995)	/	2 )
=	8.343	/	2.183
=	3.82

Chagala Group (LSE:CHGG) 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.

Chagala Group Receivables Turnover Related Terms

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Chagala Group (LSE:CHGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chagala Group Ltd (LSE:CHGG) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

44 Wyndham Street Central, Wyndham Place, 26th Floor, Hong Kong, HKG

Website

http://www.chagalagroup.com

Chagala Group Ltd is a service and facility provider to the oil and gas industry. Business activity of the group is functioned through Room and Rent Operations, and Food and Beverages Operations segments. The company provides residential and business accommodation, associated catering, leisure, transport, warehousing, and logistics support to companies involved in extracting oil and gas from Kazakhstan's Caspian region. Chagala derives most of the revenue from Room and Rent Operations segment and rest from the other.