Globo (LSE:GBO) Receivables Turnover : 1.49 (As of Jun. 2015)

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What is Globo 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. Globo's Revenue for the six months ended in Jun. 2015 was £52.19 Mil. Globo's average Accounts Receivable for the six months ended in Jun. 2015 was £35.02 Mil. Hence, Globo's Receivables Turnover for the six months ended in Jun. 2015 was 1.49.

Globo Receivables Turnover Historical Data

The historical data trend for Globo'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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Globo Receivables Turnover Chart

Globo Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Receivables Turnover

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1.75

1.64

2.75

3.38

2.87

Globo Semi-Annual Data
	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Receivables Turnover	Get a 7-Day Free Trial										1.49	1.43	1.53	1.51	1.49

Competitive Comparison of Globo's Receivables Turnover

For the Software - Application subindustry, Globo'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.

Globo's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Globo's Receivables Turnover distribution charts can be found below:

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

Globo Receivables Turnover Calculation

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

Globo's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Receivables Turnover (A: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2014 )	/ (	(Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )
=	83.823	/ (	(22.484	+	35.977)	/	2 )
=	83.823	/	29.2305
=	2.87

Globo'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: Dec. 2014 )	+	Accounts Receivable (Q: Jun. 2015 ))	/	count )
=	52.186	/ (	(35.977	+	34.066)	/	2 )
=	52.186	/	35.0215
=	1.49

Globo (LSE:GBO) 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.

Globo Receivables Turnover Related Terms

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Globo (LSE:GBO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Globo PLC (LSE:GBO) » Definitions » Receivables Turnover

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Address

Website

http://www.globoplc.com

Globo PLC was incorporated in United Kingdom on July 13, 2005. The Company is an international technology innovator delivering enterprise mobility management & mobile application development platforms & services. The Company's operating segments include; Mobile products and services, Telecom services (S.a.a.S), and Third party goods. The Mobile products and services segment sells its mobile software products and services to its clients. The Telecom services (S.a.a.S) combines telecom services with its software products (e-business and WiFi services) that are then sold on software as a service basis. The Third party goods resell third party goods, to its customers, mainly comprising mobile accessories. The Company's product & services portfolio includes; GO!Enterprise Platform products; Enterprise Mobility Products; Small Business Mobility Services; Consumer Mobile Services; and Telecom & SaaS.

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