Omani Euro Food Industries (MUS:OEFI) Receivables Turnover : 1.09 (As of Mar. 2018)

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What is Omani Euro Food Industries 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. Omani Euro Food Industries's Revenue for the three months ended in Mar. 2018 was ر.ع0.44 Mil. Omani Euro Food Industries's average Accounts Receivable for the three months ended in Mar. 2018 was ر.ع0.41 Mil. Hence, Omani Euro Food Industries's Receivables Turnover for the three months ended in Mar. 2018 was 1.09.

Omani Euro Food Industries Receivables Turnover Historical Data

The historical data trend for Omani Euro Food Industries'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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Omani Euro Food Industries Receivables Turnover Chart

Omani Euro Food Industries Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Receivables Turnover

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3.64

3.62

3.93

Omani Euro Food Industries 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															1.07	0.82	0.96	1.11	1.09

Competitive Comparison of Omani Euro Food Industries's Receivables Turnover

For the Packaged Foods subindustry, Omani Euro Food Industries'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.

Omani Euro Food Industries's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Omani Euro Food Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Omani Euro Food Industries's Receivables Turnover falls into.

Omani Euro Food Industries Receivables Turnover Calculation

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

Omani Euro Food Industries's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Receivables Turnover (A: Dec. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2017 )	/ (	(Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )
=	1.828	/ (	(0.453	+	0.477)	/	2 )
=	1.828	/	0.465
=	3.93

Omani Euro Food Industries's Receivables Turnover for the quarter that ended in Mar. 2018 is calculated as

	Receivables Turnover (Q: Mar. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2018 )	/ (	(Accounts Receivable (Q: Dec. 2017 )	+	Accounts Receivable (Q: Mar. 2018 ))	/	count )
=	0.44	/ (	(0.477	+	0.334)	/	2 )
=	0.44	/	0.4055
=	1.09

Omani Euro Food Industries (MUS:OEFI) 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.

Omani Euro Food Industries Receivables Turnover Related Terms

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Omani Euro Food Industries (MUS:OEFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Omani Euro Food Industries (MUS:OEFI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jawharat Al Shatti, P.O. Box 23, Sultanate of Oman, OMN, 134

Website

http://www.babyfoodoman.com

Omani Euro Food Industries is a health food manufacturing company in Oman. It is engaged in the manufacturing and marketing of baby foods and related products. The company offers a range of baby food and nutritional food under the brand name of Mother's Choice. It is also involved in the contract manufacturing of baby cereals, biscuits, rusks and health drink powder for other food brands. Its products are exported to many countries in Gulf Cooperation Council, Africa, and Asia.

Omani Euro Food Industries (MUS:OEFI) Headlines

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