Mumias Sugar Co (NAI:MSC) Receivables Turnover: 4.80 (As of Jun. 2018)

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NAI:MSC Mumias Sugar Co Ltd NAI:MSC
6 GF Score
Price KES0.28
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What is Mumias Sugar Co Receivables Turnover?

Mumias Sugar Co NAI:MSC 6 Receivables Turnover is 4.80 as of Jun. 2018. GuruFocus rates NAI:MSC with a GF Score™ of 6/100.

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. Mumias Sugar Co's Revenue for the six months ended in Jun. 2018 was KES1,379 Mil. Mumias Sugar Co's average Accounts Receivable for the six months ended in Jun. 2018 was KES288 Mil. Hence, Mumias Sugar Co's Receivables Turnover for the six months ended in Jun. 2018 was 4.80.


Mumias Sugar Co  (NAI:MSC) 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.


Mumias Sugar Co Receivables Turnover Related Terms


Mumias Sugar Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mumias Sugar Co'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.

Mumias Sugar Co Receivables Turnover Chart

Mumias Sugar Co Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.31 3.16 6.04 4.00 4.80

Mumias Sugar Co Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.31 3.16 6.04 4.00 4.80

Mumias Sugar Co Receivables Turnover Competitor Comparison

For the Confectioners subindustry, Mumias Sugar Co'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.


Mumias Sugar Co Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mumias Sugar Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mumias Sugar Co's Receivables Turnover falls into.


NAI:MSC
6GF Score
Mumias Sugar Co Ltd NAI:MSC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mumias Sugar Co Receivables Turnover Calculation

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

Mumias Sugar Co's Receivables Turnover for the fiscal year that ended in Jun. 2018 is calculated as

Receivables Turnover (A: Jun. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2018 ) / ((Accounts Receivable (A: Jun. 2017 ) + Accounts Receivable (A: Jun. 2018 )) / count )
=1379.223 / ((498.53 + 76.542) / 2 )
=1379.223 / 287.536
=4.80

Mumias Sugar Co's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

Receivables Turnover (Q: Jun. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2018 ) / ((Accounts Receivable (Q: Jun. 2017 ) + Accounts Receivable (Q: Jun. 2018 )) / count )
=1379.223 / ((498.53 + 76.542) / 2 )
=1379.223 / 287.536
=4.80

* 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 4.80 mean?
Mumias Sugar Co (NAI:MSC) has a Receivables Turnover of 4.80 as of Jun. 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 Mumias Sugar Co and its competitors.
Is Mumias Sugar Co's Receivables Turnover too high?
Mumias Sugar Co's current Receivables Turnover is 4.80. The Consumer Packaged Goods industry median Receivables Turnover is 9.33. Mumias Sugar Co's value of 4.80 is 48.6% below this industry median. Overall, Mumias Sugar Co has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Mumias Sugar Co's Receivables Turnover compare to competitors?
Mumias Sugar Co's Receivables Turnover of 4.80 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.33. Mumias Sugar Co's value of 4.80 is 48.6% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.33, based on 1,946 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. Mumias Sugar Co's current Receivables Turnover of 4.80 is 48.6% 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 Mumias Sugar Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mumias Sugar Co's current Receivables Turnover is 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mumias Sugar Co stock overvalued right now?
Mumias Sugar Co (NAI:MSC) has a current Receivables Turnover of 4.80. The current Receivables Turnover is 4.80 and 48.6% below the Consumer Packaged Goods industry median of 9.33. Mumias Sugar Co's overall GF Score™ is 6/100. 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 Mumias Sugar Co (NAI:MSC), the current Receivables Turnover is 4.80 as of Jun. 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.

Mumias Sugar Co Business Description

Address Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN
Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.
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