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. Microsemi's Revenue for the
three
months ended in Mar. 2018 was $492 Mil. Microsemi's average Accounts Receivable for the
three
months ended in Mar. 2018 was $284 Mil.
Hence, Microsemi's Receivables Turnover for the
three
months ended in Mar. 2018 was 1.73.
Microsemi Receivables Turnover Historical Data
The historical data trend for Microsemi'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.
Competitive Comparison of Microsemi's Receivables Turnover
For the Semiconductors subindustry, Microsemi'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.
Microsemi's Receivables Turnover Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Microsemi's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Microsemi's Receivables Turnover falls into.
Microsemi Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Microsemi's Receivables Turnover for the fiscal year that ended in Sep. 2017 is calculated as
* 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.
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.
Microsemi Receivables Turnover Related Terms
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Microsemi Corp is a provider of high-performance analog and mixed-signal semiconductor solutions to original equipment manufacturers. These solutions are found in systems for aerospace, communications, industrial, and defense and security end markets. The firm's portfolio of products includes radiation-hardened analog mixed-signal integrated circuits, field programmable gate arrays, system-on-chip solutions, power-management products, and synchronization devices. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and countries across the world.
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