Club Mediterranee (LTS:0K8Q) Receivables Turnover : 35.54 (As of Oct. 2014)

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What is Club Mediterranee 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. Club Mediterranee's Revenue for the six months ended in Oct. 2014 was €1,386 Mil. Club Mediterranee's average Accounts Receivable for the six months ended in Oct. 2014 was €39 Mil. Hence, Club Mediterranee's Receivables Turnover for the six months ended in Oct. 2014 was 35.54.

Club Mediterranee Receivables Turnover Historical Data

The historical data trend for Club Mediterranee'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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Club Mediterranee Receivables Turnover Chart

Club Mediterranee Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Oct14

Receivables Turnover

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31.81

27.63

28.83

33.13

35.54

Club Mediterranee Semi-Annual Data
	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Oct13	Oct14
Receivables Turnover	Get a 7-Day Free Trial				31.81	27.63	28.83	33.13	35.54

Competitive Comparison of Club Mediterranee's Receivables Turnover

For the Lodging subindustry, Club Mediterranee'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.

Club Mediterranee's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Club Mediterranee's Receivables Turnover distribution charts can be found below:

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

Club Mediterranee Receivables Turnover Calculation

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

Club Mediterranee's Receivables Turnover for the fiscal year that ended in Oct. 2014 is calculated as

	Receivables Turnover (A: Oct. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2014 )	/ (	(Accounts Receivable (A: Oct. 2013 )	+	Accounts Receivable (A: Oct. 2014 ))	/	count )
=	1386	/ (	(39	+	39)	/	2 )
=	1386	/	39
=	35.54

Club Mediterranee's Receivables Turnover for the quarter that ended in Oct. 2014 is calculated as

	Receivables Turnover (Q: Oct. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Oct. 2014 )	/ (	(Accounts Receivable (Q: Oct. 2013 )	+	Accounts Receivable (Q: Oct. 2014 ))	/	count )
=	1386	/ (	(39	+	39)	/	2 )
=	1386	/	39
=	35.54

Club Mediterranee (LTS:0K8Q) 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.

Club Mediterranee Receivables Turnover Related Terms

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Club Mediterranee (LTS:0K8Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Club Mediterranee SA (LTS:0K8Q) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.clubmed.com

Club MÃ©diterranÃ©e, established on November 12, 1957, operates in the tourism market. The Group is organized into three geographical regions: The Europe-Africa region (EAF), comprising the countries of Europe, the Middle East and Africa; the Americas region, aggregating the North America (including the West Indies) and South America operating segments; the Asia region, comprising the countries of Eastern and Southern Asia and the Pacific (ESAP) and Greater China (China, Taiwan, Hong Kong). The Group also has a real estate development business which builds and sells villas and luxury chalet-apartments.

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