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Acurity Health Group (NZSE:ACY) Receivables Turnover : 0.00 (As of Mar. 2014)


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What is Acurity Health Group 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. Acurity Health Group's Revenue for the six months ended in Mar. 2014 was NZ$48.54 Mil. Acurity Health Group's average Accounts Receivable for the six months ended in Mar. 2014 was NZ$0.00 Mil.


Acurity Health Group Receivables Turnover Historical Data

The historical data trend for Acurity Health Group'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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Acurity Health Group Receivables Turnover Chart

Acurity Health Group Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Receivables Turnover
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Acurity Health Group Semi-Annual Data
Mar02 Mar03 Sep03 Mar04 Sep04 Mar05 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
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Competitive Comparison of Acurity Health Group's Receivables Turnover

For the Medical Care Facilities subindustry, Acurity Health Group'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.


Acurity Health Group's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Acurity Health Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Acurity Health Group's Receivables Turnover falls into.



Acurity Health Group Receivables Turnover Calculation

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

Acurity Health Group's Receivables Turnover for the fiscal year that ended in Mar. 2014 is calculated as

Receivables Turnover (A: Mar. 2014 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2014 ) / ((Accounts Receivable (A: Mar. 2013 ) + Accounts Receivable (A: Mar. 2014 )) / count )
=96.577 / ((0 + 0) / 1 )
=96.577 / 0
=N/A

Acurity Health Group's Receivables Turnover for the quarter that ended in Mar. 2014 is calculated as

Receivables Turnover (Q: Mar. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2014 ) / ((Accounts Receivable (Q: Sep. 2013 ) + Accounts Receivable (Q: Mar. 2014 )) / count )
=48.543 / ((0 + 0) / 1 )
=48.543 / 0
=N/A

* 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.


Acurity Health Group  (NZSE:ACY) 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.


Acurity Health Group Receivables Turnover Related Terms

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Acurity Health Group (NZSE:ACY) Business Description

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Acurity Health Group Ltd provides private surgical healthcare services. It owns and operates approximately three private surgical hospitals. Its surgical services include cosmetic surgery, hip and knee replacement, and hernia surgery, among others.

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