Rdb (MIL:RDB) Receivables Turnover: 1.61 (As of Dec. 2011)


What is Rdb Receivables Turnover?

Rdb MIL:RDB Receivables Turnover is 1.61 as of Dec. 2011.

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. Rdb's Revenue for the six months ended in Dec. 2011 was €138.61 Mil. Rdb's average Accounts Receivable for the six months ended in Dec. 2011 was €86.33 Mil. Hence, Rdb's Receivables Turnover for the six months ended in Dec. 2011 was 1.61.

Rdb  (MIL:RDB) 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.

Rdb Receivables Turnover Related Terms

Rdb Receivables Turnover Historical Data

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The historical data trend for Rdb'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.

Rdb Receivables Turnover Chart

Rdb Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Receivables Turnover
Get a 7-Day Free Trial 3.13 2.68 2.11 1.90 1.61

Rdb Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Receivables Turnover Get a 7-Day Free Trial 3.13 2.68 2.11 1.90 1.61

Rdb Receivables Turnover Competitor Comparison

For the Building Materials subindustry, Rdb'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.

Rdb Receivables Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Rdb's Receivables Turnover distribution charts can be found below:

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


Rdb Receivables Turnover Calculation

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

Rdb's Receivables Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Receivables Turnover (A: Dec. 2011 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2011 ) / ((Accounts Receivable (A: Dec. 2010 ) + Accounts Receivable (A: Dec. 2011 )) / count )
=138.605 / ((109.038 + 63.619) / 2 )
=138.605 / 86.3285
=1.61

Rdb's Receivables Turnover for the quarter that ended in Dec. 2011 is calculated as

Receivables Turnover (Q: Dec. 2011 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2011 ) / ((Accounts Receivable (Q: Dec. 2010 ) + Accounts Receivable (Q: Dec. 2011 )) / count )
=138.605 / ((109.038 + 63.619) / 2 )
=138.605 / 86.3285
=1.61

* 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 1.61 mean?
Rdb (MIL:RDB) has a Receivables Turnover of 1.61 as of Dec. 2011. 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 Rdb and its competitors.
Is Rdb's Receivables Turnover too high?
Rdb's current Receivables Turnover is 1.61. The Building Materials industry median Receivables Turnover is 6.39. Rdb's value of 1.61 is 74.8% below this industry median.
How does Rdb's Receivables Turnover compare to competitors?
Rdb's Receivables Turnover of 1.61 can be compared against companies in the Building Materials industry. The industry median Receivables Turnover is 6.39. Rdb's value of 1.61 is 74.8% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.39, based on 403 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. Rdb's current Receivables Turnover of 1.61 is 74.8% 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 Rdb and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rdb's current Receivables Turnover is 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rdb stock overvalued right now?
Rdb (MIL:RDB) has a current Receivables Turnover of 1.61. The current Receivables Turnover is 1.61 and 74.8% below the Building Materials industry median of 6.39. 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 Rdb (MIL:RDB), the current Receivables Turnover is 1.61 as of Dec. 2011. 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.

Rdb Business Description

Rdb is engaged in the designing, construction and installation of prefabricated reinforced concrete for industry and in the building materials sectors. It also produces brick and plaster for the construction material sector.