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Pochin′s (LSE:PCH) Receivables Turnover : 6.18 (As of Nov. 2013)


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What is Pochin′s 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. Pochin′s's Revenue for the six months ended in Nov. 2013 was £38.37 Mil. Pochin′s's average Accounts Receivable for the six months ended in Nov. 2013 was £6.21 Mil. Hence, Pochin′s's Receivables Turnover for the six months ended in Nov. 2013 was 6.18.


Pochin′s Receivables Turnover Historical Data

The historical data trend for Pochin′s'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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Pochin′s Receivables Turnover Chart

Pochin′s Annual Data
Trend May04 May05 May06 May07 May08 May09 May10 May11 May12 May13
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.38 28.48 42.09 238.67 81.25

Pochin′s Semi-Annual Data
May04 Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.58 6.31 6.59 4.65 6.18

Competitive Comparison of Pochin′s's Receivables Turnover

For the Engineering & Construction subindustry, Pochin′s'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.


Pochin′s's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Pochin′s's Receivables Turnover distribution charts can be found below:

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



Pochin′s Receivables Turnover Calculation

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

Pochin′s's Receivables Turnover for the fiscal year that ended in May. 2013 is calculated as

Receivables Turnover (A: May. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2013 ) / ((Accounts Receivable (A: May. 2012 ) + Accounts Receivable (A: May. 2013 )) / count )
=77.958 / ((0.07 + 1.849) / 2 )
=77.958 / 0.9595
=81.25

Pochin′s's Receivables Turnover for the quarter that ended in Nov. 2013 is calculated as

Receivables Turnover (Q: Nov. 2013 )
=Revenue / Average Total Inventories
=Revenue (Q: Nov. 2013 ) / ((Accounts Receivable (Q: May. 2013 ) + Accounts Receivable (Q: Nov. 2013 )) / count )
=38.368 / ((1.849 + 10.569) / 2 )
=38.368 / 6.209
=6.18

* 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.


Pochin′s  (LSE:PCH) 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.


Pochin′s Receivables Turnover Related Terms

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Pochin′s (LSE:PCH) Business Description

Traded in Other Exchanges
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Pochin's PLC is a construction and development Company. The Company is engaged in building, civil engineering contracting and house building, property development and letting. Its segments are Construction and Property development & investment. The group operates within the United Kingdom.