Molino CanuelasCIFIA (Molino CanuelasCIFIA) Receivables Turnover : 3.48 (As of Aug. 2017)

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What is Molino CanuelasCIFIA 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. Molino CanuelasCIFIA's Revenue for the three months ended in Aug. 2017 was $518.23 Mil. Molino CanuelasCIFIA's average Accounts Receivable for the three months ended in Aug. 2017 was $149.12 Mil. Hence, Molino CanuelasCIFIA's Receivables Turnover for the three months ended in Aug. 2017 was 3.48.

Molino CanuelasCIFIA Receivables Turnover Historical Data

The historical data trend for Molino CanuelasCIFIA'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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Molino CanuelasCIFIA Receivables Turnover Chart

Molino CanuelasCIFIA Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Receivables Turnover

13.78

10.96

7.90

Molino CanuelasCIFIA Quarterly Data
	Nov14	Nov15	May16	Aug16	Nov16	May17	Aug17
Receivables Turnover	Get a 7-Day Free Trial			2.17	-	2.35	1.97	3.48

Competitive Comparison of Molino CanuelasCIFIA's Receivables Turnover

For the subindustry, Molino CanuelasCIFIA'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.

Molino CanuelasCIFIA's Receivables Turnover Distribution in the Industry

For the industry and sector, Molino CanuelasCIFIA's Receivables Turnover distribution charts can be found below:

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

Molino CanuelasCIFIA Receivables Turnover Calculation

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

Molino CanuelasCIFIA's Receivables Turnover for the fiscal year that ended in Nov. 2016 is calculated as

	Receivables Turnover (A: Nov. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2016 )	/ (	(Accounts Receivable (A: Nov. 2015 )	+	Accounts Receivable (A: Nov. 2016 ))	/	count )
=	2144.126	/ (	(243.149	+	299.853)	/	2 )
=	2144.126	/	271.501
=	7.90

Molino CanuelasCIFIA's Receivables Turnover for the quarter that ended in Aug. 2017 is calculated as

	Receivables Turnover (Q: Aug. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2017 )	/ (	(Accounts Receivable (Q: May. 2017 )	+	Accounts Receivable (Q: Aug. 2017 ))	/	count )
=	518.225	/ (	(158.7	+	139.538)	/	2 )
=	518.225	/	149.119
=	3.48

Molino CanuelasCIFIA (NYSE:MOLC) 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.

Molino CanuelasCIFIA Receivables Turnover Related Terms

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Molino CanuelasCIFIA (Molino CanuelasCIFIA) Business Description

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