Noranda Aluminum Holding (Noranda Aluminum Holding) Receivables Turnover : 3.06 (As of Dec. 2015)

Noranda Aluminum Holding Receivables Turnover Chart

Noranda Aluminum Holding Annual Data
	Trend	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15
Receivables Turnover		Get a 7-Day Free Trial					13.04	13.02	13.90	14.32	14.67

Noranda Aluminum Holding Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Receivables Turnover	Get a 7-Day Free Trial															2.93	3.21	3.19	3.29	3.06

Competitive Comparison of Noranda Aluminum Holding's Receivables Turnover

For the Aluminum subindustry, Noranda Aluminum Holding'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.

Noranda Aluminum Holding's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Noranda Aluminum Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Noranda Aluminum Holding's Receivables Turnover falls into.

Noranda Aluminum Holding Receivables Turnover Calculation

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

Noranda Aluminum Holding's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Noranda Aluminum Holding's Receivables Turnover for the quarter that ended in Dec. 2015 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.

Noranda Aluminum Holding  (OTCPK:NORNQ) 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.

Noranda Aluminum Holding Receivables Turnover Related Terms

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Noranda Aluminum Holding (Noranda Aluminum Holding) Business Description