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


What is Molino CanuelasCIFIA Receivables Turnover?

Molino CanuelasCIFIA MOLC Receivables Turnover is 3.48 as of Aug. 2017.

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  (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

Molino CanuelasCIFIA Receivables Turnover Historical Data

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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.

Molino CanuelasCIFIA Receivables Turnover Chart

Molino CanuelasCIFIA Annual Data
Trend Nov13 Nov14 Nov15 Nov16
Receivables Turnover
0.00 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 0.00 2.35 1.97 3.48

MOLC vs : Receivables Turnover Comparison

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 Receivables Turnover vs 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 Accounts Receivable
=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 Accounts Receivable
=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

* 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 3.48 mean?
Molino CanuelasCIFIA (MOLC) has a Receivables Turnover of 3.48 as of Aug. 2017. 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 Molino CanuelasCIFIA and its competitors.
Is Molino CanuelasCIFIA's Receivables Turnover too high?
Molino CanuelasCIFIA's current Receivables Turnover is 3.48.
How does Molino CanuelasCIFIA's Receivables Turnover compare to ?
Molino CanuelasCIFIA's Receivables Turnover is 3.48. 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 company?
A good Receivables Turnover depends on the industry context. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Molino CanuelasCIFIA and its competitors. Molino CanuelasCIFIA's current Receivables Turnover is 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molino CanuelasCIFIA stock overvalued right now?
Molino CanuelasCIFIA (MOLC) has a current Receivables Turnover of 3.48. The current Receivables Turnover is 3.48. 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 Molino CanuelasCIFIA (MOLC), the current Receivables Turnover is 3.48 as of Aug. 2017. 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.

Molino CanuelasCIFIA Business Description

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