QKLS (QKL Stores) Receivables Turnover: 77.82 (As of Dec. 2015)


What is QKL Stores Receivables Turnover?

QKL Stores QKLS Receivables Turnover is 77.82 as of Dec. 2015.

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. QKL Stores's Revenue for the three months ended in Dec. 2015 was $62.4 Mil. QKL Stores's average Accounts Receivable for the three months ended in Dec. 2015 was $0.8 Mil. Hence, QKL Stores's Receivables Turnover for the three months ended in Dec. 2015 was 77.82.


QKL Stores  (OTCPK:QKLS) 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.


QKL Stores Receivables Turnover Related Terms


QKL Stores Receivables Turnover Historical Data

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The historical data trend for QKL Stores'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.

QKL Stores Receivables Turnover Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,618.37 801.81 417.40 364.48 334.03

QKL Stores 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.41 107.25 67.26 63.79 77.82

QKLS vs IFMK, HWIN: Receivables Turnover Comparison

For the Grocery Stores subindustry, QKL Stores'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.


QKL Stores Receivables Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, QKL Stores's Receivables Turnover distribution charts can be found below:

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



QKL Stores Receivables Turnover Calculation

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

QKL Stores's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=270.064 / ((0.949 + 0.668) / 2 )
=270.064 / 0.8085
=334.03

QKL Stores's Receivables Turnover for the quarter that ended in Dec. 2015 is calculated as

Receivables Turnover (Q: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2015 ) / ((Accounts Receivable (Q: Sep. 2015 ) + Accounts Receivable (Q: Dec. 2015 )) / count )
=62.449 / ((0.937 + 0.668) / 2 )
=62.449 / 0.8025
=77.82

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 77.82 mean?
QKL Stores (QKLS) has a Receivables Turnover of 77.82 as of Dec. 2015. The accounts 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. View historical data on QKL Stores and its competitors.
Is QKL Stores' Receivables Turnover too high?
QKL Stores' current Receivables Turnover is 77.82. The Retail - Defensive industry median Receivables Turnover is 15.22. QKL Stores' value of 77.82 is 411.3% above this industry median.
How does QKL Stores' Receivables Turnover compare to IFMK and HWIN?
QKL Stores' Receivables Turnover of 77.82 can be compared against companies in the Retail - Defensive industry. The industry median Receivables Turnover is 15.22. QKL Stores' value of 77.82 is 411.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Retail - Defensive company?
The median Receivables Turnover among Retail - Defensive companies is 15.22, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QKL Stores's current Receivables Turnover of 77.82 is 411.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on QKL Stores and its competitors. For the Retail - Defensive industry, the median Receivables Turnover is 15.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QKL Stores's current Receivables Turnover is 77.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QKL Stores stock overvalued right now?
QKL Stores (QKLS) has a current Receivables Turnover of 77.82. The current Receivables Turnover is 77.82 and 411.3% above the Retail - Defensive industry median of 15.22. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For QKL Stores (QKLS), the current Receivables Turnover is 77.82 as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

QKL Stores Business Description

Address 4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.