Al Jazeera Services (MUS:AJSS) Receivables Turnover: 0.72 (As of Mar. 2018)

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What is Al Jazeera Services Receivables Turnover?

Al Jazeera Services MUS:AJSS -1.79% Receivables Turnover is 0.72 as of Mar. 2018.

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. Al Jazeera Services's Revenue for the three months ended in Mar. 2018 was ر.ع1.78 Mil. Al Jazeera Services's average Accounts Receivable for the three months ended in Mar. 2018 was ر.ع2.49 Mil. Hence, Al Jazeera Services's Receivables Turnover for the three months ended in Mar. 2018 was 0.72.


Al Jazeera Services  (MUS:AJSS) 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.


Al Jazeera Services Receivables Turnover Related Terms


Al Jazeera Services Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Al Jazeera Services'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.

Al Jazeera Services Receivables Turnover Chart

Al Jazeera Services Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 3.08 3.40 2.97 2.99

Al Jazeera Services Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.76 0.75 0.69 0.75 0.72

MUS:AJSS vs STWC: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Al Jazeera Services'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.


Al Jazeera Services Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Al Jazeera Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Al Jazeera Services's Receivables Turnover falls into.



Al Jazeera Services Receivables Turnover Calculation

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

Al Jazeera Services's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=7.951 / ((2.794 + 2.516) / 2 )
=7.951 / 2.655
=2.99

Al Jazeera Services's Receivables Turnover for the quarter that ended in Mar. 2018 is calculated as

Receivables Turnover (Q: Mar. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2018 ) / ((Accounts Receivable (Q: Dec. 2017 ) + Accounts Receivable (Q: Mar. 2018 )) / count )
=1.778 / ((2.516 + 2.454) / 2 )
=1.778 / 2.485
=0.72

* 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 0.72 mean?
Al Jazeera Services (MUS:AJSS) has a Receivables Turnover of 0.72 as of Mar. 2018. 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 Al Jazeera Services and its competitors.
Is Al Jazeera Services' Receivables Turnover too high?
Al Jazeera Services' current Receivables Turnover is 0.72. The Business Services industry median Receivables Turnover is 6.22. Al Jazeera Services' value of 0.72 is 88.4% below this industry median.
How does Al Jazeera Services' Receivables Turnover compare to STWC?
Al Jazeera Services' Receivables Turnover of 0.72 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.22. Al Jazeera Services' value of 0.72 is 88.4% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.22, based on 1,062 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. Al Jazeera Services's current Receivables Turnover of 0.72 is 88.4% 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 Al Jazeera Services and its competitors. For the Business Services industry, the median Receivables Turnover is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Jazeera Services's current Receivables Turnover is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Jazeera Services stock overvalued right now?
Al Jazeera Services (MUS:AJSS) has a current Receivables Turnover of 0.72. The current Receivables Turnover is 0.72 and 88.4% below the Business Services industry median of 6.22. 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 Al Jazeera Services (MUS:AJSS), the current Receivables Turnover is 0.72 as of Mar. 2018. 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.

Al Jazeera Services Business Description

Address 408, 4th Floor, International Medical Centre, P.O.Box 2865, Near Al Hamriya Roundabout, Ruwi, OMN, 112
Al Jazeera Services, formerly Al Jazeira Services Co SAOG, and its subsidiary are mainly engaged in catering and service support in Oman. The firm is engaged in contracting services which include catering, housekeeping, laundry, equipment supplies, and allied services. The contracting services business involves the feeding and housing of workers and personnel engaged in the industrial, oil, and gas sectors, military and civilian defense forces, and hospital, and educational sectors. In addition, the company is also engaged in investment activities. The company holds investment interests in banking, services, and industrial sectors in the local securities market as well as in the overseas stock market.