MENB (Mendocino Brewing Co) Receivables Turnover: 2.18 (As of Sep. 2016)


What is Mendocino Brewing Co Receivables Turnover?

Mendocino Brewing Co MENB Receivables Turnover is 2.18 as of Sep. 2016.

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. Mendocino Brewing Co's Revenue for the three months ended in Sep. 2016 was $6.83 Mil. Mendocino Brewing Co's average Accounts Receivable for the three months ended in Sep. 2016 was $3.13 Mil. Hence, Mendocino Brewing Co's Receivables Turnover for the three months ended in Sep. 2016 was 2.18.


Mendocino Brewing Co  (OTCPK:MENB) 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.


Mendocino Brewing Co Receivables Turnover Related Terms


Mendocino Brewing Co Receivables Turnover Historical Data

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The historical data trend for Mendocino Brewing Co'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.

Mendocino Brewing Co Receivables Turnover Chart

Mendocino Brewing Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.30 7.29 7.47 8.01 7.59

Mendocino Brewing Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 2.36 2.13 1.91 2.35 2.18

MENB vs SRSG: Receivables Turnover Comparison

For the Beverages - Brewers subindustry, Mendocino Brewing Co'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.


Mendocino Brewing Co Receivables Turnover vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Mendocino Brewing Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mendocino Brewing Co's Receivables Turnover falls into.



Mendocino Brewing Co Receivables Turnover Calculation

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

Mendocino Brewing Co's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=31.184 / ((4.385 + 3.836) / 2 )
=31.184 / 4.1105
=7.59

Mendocino Brewing Co's Receivables Turnover for the quarter that ended in Sep. 2016 is calculated as

Receivables Turnover (Q: Sep. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2016 ) / ((Accounts Receivable (Q: Jun. 2016 ) + Accounts Receivable (Q: Sep. 2016 )) / count )
=6.832 / ((3.212 + 3.052) / 2 )
=6.832 / 3.132
=2.18

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.18 mean?
Mendocino Brewing Co (MENB) has a Receivables Turnover of 2.18 as of Sep. 2016. The accounts 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. View historical data on Mendocino Brewing Co and its competitors.
Is Mendocino Brewing Co's Receivables Turnover too high?
Mendocino Brewing Co's current Receivables Turnover is 2.18. The Beverages - Alcoholic industry median Receivables Turnover is 7.80. Mendocino Brewing Co's value of 2.18 is 72.1% below this industry median.
How does Mendocino Brewing Co's Receivables Turnover compare to SRSG?
Mendocino Brewing Co's Receivables Turnover of 2.18 can be compared against companies in the Beverages - Alcoholic industry. The industry median Receivables Turnover is 7.80. Mendocino Brewing Co's value of 2.18 is 72.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 7.80, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mendocino Brewing Co's current Receivables Turnover of 2.18 is 72.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Mendocino Brewing Co and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mendocino Brewing Co's current Receivables Turnover is 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mendocino Brewing Co stock overvalued right now?
Mendocino Brewing Co (MENB) has a current Receivables Turnover of 2.18. The current Receivables Turnover is 2.18 and 72.1% below the Beverages - Alcoholic industry median of 7.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Mendocino Brewing Co (MENB), the current Receivables Turnover is 2.18 as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mendocino Brewing Co Business Description

Address 1601 Airport Road, Ukiah, CA, USA, 95482
Mendocino Brewing Co Inc belongs to the brewing industry. The company produces ales and lagers in its breweries in the United States. It functions through the segments, of brewing, tavern, and tasting room operations. The company's operations in the North American Territory consist of brewing and marketing craft beers. The firm's operations in the Foreign Territory consist of the marketing and distribution of Kingfisher Premium Lager in the Foreign Territory through Indian restaurants, chain retail grocers, liquor stores, and other retail outlets.