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MME Moviement AG (LTS:0NDQ) Receivables Turnover : 3.65 (As of Feb. 2015)


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What is MME Moviement AG 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. MME Moviement AG's Revenue for the six months ended in Feb. 2015 was £35.98 Mil. MME Moviement AG's average Accounts Receivable for the six months ended in Feb. 2015 was £9.85 Mil. Hence, MME Moviement AG's Receivables Turnover for the six months ended in Feb. 2015 was 3.65.


MME Moviement AG Receivables Turnover Historical Data

The historical data trend for MME Moviement AG'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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MME Moviement AG Receivables Turnover Chart

MME Moviement AG Annual Data
Trend Dec04 Dec05 Dec06 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.33 12.18 9.66 10.66 8.57

MME Moviement AG Semi-Annual Data
Dec03 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
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 4.12 5.38 4.45 4.42 3.65

Competitive Comparison of MME Moviement AG's Receivables Turnover

For the Broadcasting subindustry, MME Moviement AG'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.


MME Moviement AG's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MME Moviement AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MME Moviement AG's Receivables Turnover falls into.



MME Moviement AG Receivables Turnover Calculation

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

MME Moviement AG's Receivables Turnover for the fiscal year that ended in Aug. 2014 is calculated as

Receivables Turnover (A: Aug. 2014 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2014 ) / ((Accounts Receivable (A: Aug. 2013 ) + Accounts Receivable (A: Aug. 2014 )) / count )
=82.966 / ((9.513 + 9.846) / 2 )
=82.966 / 9.6795
=8.57

MME Moviement AG's Receivables Turnover for the quarter that ended in Feb. 2015 is calculated as

Receivables Turnover (Q: Feb. 2015 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2015 ) / ((Accounts Receivable (Q: Aug. 2014 ) + Accounts Receivable (Q: Feb. 2015 )) / count )
=35.979 / ((9.846 + 0) / 1 )
=35.979 / 9.846
=3.65

* 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.


MME Moviement AG  (LTS:0NDQ) 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.


MME Moviement AG Receivables Turnover Related Terms

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MME Moviement AG (LTS:0NDQ) Business Description

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The Company is a leading independent content producer for television entertainment. It supplies TV broadcasters in Germany with its productions in the programme categories Fiction, Non-Fiction, Documentation and Show/Music programming.

MME Moviement AG (LTS:0NDQ) Headlines

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