SAV-Rahoitus Oyj (OHEL:SAV1V) Receivables Turnover : 0.73 (As of Jun. 2014)

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What is SAV-Rahoitus Oyj 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. SAV-Rahoitus Oyj's Revenue for the six months ended in Jun. 2014 was €3.18 Mil. SAV-Rahoitus Oyj's average Accounts Receivable for the six months ended in Jun. 2014 was €4.36 Mil. Hence, SAV-Rahoitus Oyj's Receivables Turnover for the six months ended in Jun. 2014 was 0.73.

SAV-Rahoitus Oyj Receivables Turnover Historical Data

The historical data trend for SAV-Rahoitus Oyj'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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SAV-Rahoitus Oyj Receivables Turnover Chart

SAV-Rahoitus Oyj Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Receivables Turnover

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0.87

0.56

0.69

0.27

0.73

SAV-Rahoitus Oyj Semi-Annual Data
	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Receivables Turnover	Get a 7-Day Free Trial			0.87	0.56	0.69	0.27	0.73

Competitive Comparison of SAV-Rahoitus Oyj's Receivables Turnover

For the Mortgage Finance subindustry, SAV-Rahoitus Oyj'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.

SAV-Rahoitus Oyj's Receivables Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SAV-Rahoitus Oyj's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SAV-Rahoitus Oyj's Receivables Turnover falls into.

SAV-Rahoitus Oyj Receivables Turnover Calculation

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

SAV-Rahoitus Oyj's Receivables Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Receivables Turnover (A: Jun. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2014 )	/ (	(Accounts Receivable (A: Jun. 2013 )	+	Accounts Receivable (A: Jun. 2014 ))	/	count )
=	3.179	/ (	(4.845	+	3.874)	/	2 )
=	3.179	/	4.3595
=	0.73

SAV-Rahoitus Oyj's Receivables Turnover for the quarter that ended in Jun. 2014 is calculated as

	Receivables Turnover (Q: Jun. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2014 )	/ (	(Accounts Receivable (Q: Jun. 2013 )	+	Accounts Receivable (Q: Jun. 2014 ))	/	count )
=	3.179	/ (	(4.845	+	3.874)	/	2 )
=	3.179	/	4.3595
=	0.73

SAV-Rahoitus Oyj (OHEL:SAV1V) 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.

SAV-Rahoitus Oyj Receivables Turnover Related Terms

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SAV-Rahoitus Oyj (OHEL:SAV1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SAV-Rahoitus Oyj (OHEL:SAV1V) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.sav-rahoitus.fi

Savoy-Pankki Oyj is engaged in providing a loan against the vehicle for private individuals. It offers financing solution for consumers directly or indirectly through vehicle resellers.

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