SeaDragon (NZSE:SEA) Receivables Turnover : 14.23 (As of Sep. 2019)

View and export this data going back to 1986. Start your Free Trial

What is SeaDragon 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. SeaDragon's Revenue for the six months ended in Sep. 2019 was NZ$4.89 Mil. SeaDragon's average Accounts Receivable for the six months ended in Sep. 2019 was NZ$0.34 Mil. Hence, SeaDragon's Receivables Turnover for the six months ended in Sep. 2019 was 14.23.

SeaDragon Receivables Turnover Historical Data

The historical data trend for SeaDragon'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.

* Premium members only.

SeaDragon Receivables Turnover Chart

SeaDragon Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Receivables Turnover

Get a 7-Day Free Trial

6.35

27.50

15.61

19.51

51.16

SeaDragon Semi-Annual Data
	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20
Receivables Turnover	Get a 7-Day Free Trial															3.54	5.82	6.79	14.23	-

Competitive Comparison of SeaDragon's Receivables Turnover

For the Packaged Foods subindustry, SeaDragon'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.

SeaDragon's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where SeaDragon's Receivables Turnover falls into.

SeaDragon Receivables Turnover Calculation

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

SeaDragon's Receivables Turnover for the fiscal year that ended in Mar. 2020 is calculated as

	Receivables Turnover (A: Mar. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2020 )	/ (	(Accounts Receivable (A: Mar. 2019 )	+	Accounts Receivable (A: Mar. 2020 ))	/	count )
=	6.625	/ (	(0.231	+	0.028)	/	2 )
=	6.625	/	0.1295
=	51.16

SeaDragon's Receivables Turnover for the quarter that ended in Sep. 2019 is calculated as

	Receivables Turnover (Q: Sep. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2019 )	/ (	(Accounts Receivable (Q: Mar. 2019 )	+	Accounts Receivable (Q: Sep. 2019 ))	/	count )
=	4.887	/ (	(0.231	+	0.456)	/	2 )
=	4.887	/	0.3435
=	14.23

SeaDragon (NZSE:SEA) 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.

SeaDragon Receivables Turnover Related Terms

Thank you for viewing the detailed overview of SeaDragon's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SeaDragon (NZSE:SEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SeaDragon Ltd (NZSE:SEA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Nayland Road, Stoke, Nelson, NZL, 7011

Website

http://www.seadragon.co.nz

SeaDragon Ltd is engaged in the manufacture of refined fish oils. The Company's products include Omega-2 and Omega-3. Its Omega-2 product is sourced from either animal or vegetable sources and is used in the cosmetics, nutraceutical, pharmaceutical industries, lubrication and in fiber coatings. The Omega-3 products involve tuna and marine-farmed salmon which help in the processing of initial unrefined oils. The company exports its products to various countries, which include Australia, South East and North Asia, Japan, the European Union, China, the United States and Canada.

SeaDragon (NZSE:SEA) Headlines

From GuruFocus

Wilbur Ross Likes Alcoa, Shipping Industry Due to China

By Bram de Haas Bram de Haas • 01-11-2016