Remora Royalties (Remora Royalties) Receivables Turnover : 0.00 (As of Jun. 2018)

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What is Remora Royalties 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. Remora Royalties's Revenue for the three months ended in Jun. 2018 was $0.00 Mil. Remora Royalties's average Accounts Receivable for the three months ended in Jun. 2018 was $5.29 Mil.

Remora Royalties Receivables Turnover Historical Data

The historical data trend for Remora Royalties'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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Remora Royalties Receivables Turnover Chart

Remora Royalties Annual Data

Trend

Dec16

Dec17

Receivables Turnover

3.88

9.80

Remora Royalties Quarterly Data
	Dec16	Dec17	Jun18
Receivables Turnover	-	-	-

Competitive Comparison of Remora Royalties's Receivables Turnover

For the subindustry, Remora Royalties'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.

Remora Royalties's Receivables Turnover Distribution in the Industry

For the industry and sector, Remora Royalties's Receivables Turnover distribution charts can be found below:

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

Remora Royalties Receivables Turnover Calculation

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

Remora Royalties's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Receivables Turnover (A: Dec. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2017 )	/ (	(Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )
=	36.059	/ (	(3.209	+	4.15)	/	2 )
=	36.059	/	3.6795
=	9.80

Remora Royalties's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

	Receivables Turnover (Q: Jun. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2018 )	/ (	(Accounts Receivable (Q: Dec. 2017 )	+	Accounts Receivable (Q: Jun. 2018 ))	/	count )
=	0	/ (	(4.15	+	6.437)	/	2 )
=	0	/	5.2935
=	N/A

Remora Royalties (NAS:RRI) 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.

Remora Royalties Receivables Turnover Related Terms

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Remora Royalties (Remora Royalties) Business Description

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