Peoples Educational Holdings (Peoples Educational Holdings) Receivables Turnover : 3.34 (As of May. 2012)

View and export this data going back to 2004. Start your Free Trial

What is Peoples Educational Holdings 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. Peoples Educational Holdings's Revenue for the three months ended in May. 2012 was $5.39 Mil. Peoples Educational Holdings's average Accounts Receivable for the three months ended in May. 2012 was $1.62 Mil. Hence, Peoples Educational Holdings's Receivables Turnover for the three months ended in May. 2012 was 3.34.

Peoples Educational Holdings Receivables Turnover Historical Data

The historical data trend for Peoples Educational Holdings'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.

Peoples Educational Holdings Receivables Turnover Chart

Peoples Educational Holdings Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

May07

May08

May09

May10

May11

May12

Receivables Turnover

Get a 7-Day Free Trial

10.49

11.33

11.97

10.90

10.98

Peoples Educational Holdings Quarterly Data
	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12
Receivables Turnover	Get a 7-Day Free Trial															2.76	3.56	1.62	2.50	3.34

Competitive Comparison of Peoples Educational Holdings's Receivables Turnover

For the Publishing subindustry, Peoples Educational Holdings'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.

Peoples Educational Holdings's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Peoples Educational Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Peoples Educational Holdings's Receivables Turnover falls into.

Peoples Educational Holdings Receivables Turnover Calculation

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

Peoples Educational Holdings's Receivables Turnover for the fiscal year that ended in May. 2012 is calculated as

	Receivables Turnover (A: May. 2012 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: May. 2012 )	/ (	(Accounts Receivable (A: May. 2011 )	+	Accounts Receivable (A: May. 2012 ))	/	count )
=	25.649	/ (	(2.745	+	1.928)	/	2 )
=	25.649	/	2.3365
=	10.98

Peoples Educational Holdings's Receivables Turnover for the quarter that ended in May. 2012 is calculated as

	Receivables Turnover (Q: May. 2012 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: May. 2012 )	/ (	(Accounts Receivable (Q: Feb. 2012 )	+	Accounts Receivable (Q: May. 2012 ))	/	count )
=	5.393	/ (	(1.302	+	1.928)	/	2 )
=	5.393	/	1.615
=	3.34

Peoples Educational Holdings (OTCPK:PEDH) 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.

Peoples Educational Holdings Receivables Turnover Related Terms

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

Peoples Educational Holdings (Peoples Educational Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Peoples Educational Holdings Inc (OTCPK:PEDH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

299 Market Street, Saddle Brook, NJ, USA, 07663

Website

http://www.peopleseducation.com

Peoples Educational Holdings Inc develops and sells proprietary print and digital education products which are predominantly state-specific and standards-based, focused on state-required tests. The company operates through Test Preparation, Assessment, and Instruction Product Group. Test Preparation and Assessment segment create and sell print and digital products targeted to grades 1-12 to help students prepare for state proficiency tests. Instruction segment includes two product lines Focused Instruction and remedial and multicultural-related materials. Geographically, the business activities are carried out through United States.

Executives

Tony Christianson	director, 10 percent owner
Gordon Stofer	10 percent owner

Peoples Educational Holdings (Peoples Educational Holdings) Headlines

No Headlines