TFSCY (Quintis) Receivables Turnover : 0.17 (As of Jun. 2017)

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What is Quintis 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. Quintis's Revenue for the six months ended in Jun. 2017 was $7.69 Mil. Quintis's average Accounts Receivable for the six months ended in Jun. 2017 was $44.74 Mil. Hence, Quintis's Receivables Turnover for the six months ended in Jun. 2017 was 0.17.

Quintis Receivables Turnover Historical Data

The historical data trend for Quintis'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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Quintis Receivables Turnover Chart

Quintis Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Receivables Turnover

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1.60

2.09

2.47

2.91

1.89

Quintis Semi-Annual Data
	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Receivables Turnover	Get a 7-Day Free Trial															1.34	1.03	1.63	1.08	0.17

Competitive Comparison of Quintis's Receivables Turnover

For the Lumber & Wood Production subindustry, Quintis'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.

Quintis's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Quintis's Receivables Turnover distribution charts can be found below:

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

Quintis Receivables Turnover Calculation

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

Quintis's Receivables Turnover for the fiscal year that ended in Jun. 2017 is calculated as

	Receivables Turnover (A: Jun. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2017 )	/ (	(Accounts Receivable (A: Jun. 2016 )	+	Accounts Receivable (A: Jun. 2017 ))	/	count )
=	69.834	/ (	(47.829	+	25.977)	/	2 )
=	69.834	/	36.903
=	1.89

Quintis's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

	Receivables Turnover (Q: Jun. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2017 )	/ (	(Accounts Receivable (Q: Dec. 2016 )	+	Accounts Receivable (Q: Jun. 2017 ))	/	count )
=	7.687	/ (	(63.493	+	25.977)	/	2 )
=	7.687	/	44.735
=	0.17

Quintis (GREY:TFSCY) 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.

Quintis Receivables Turnover Related Terms

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Quintis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Quintis Ltd (GREY:TFSCY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

171-173 Mounts Bay Road, Level 2, Perth, WA, AUS, 6000

Website

https://www.quintis.com.au

Quintis Ltd engages in the cultivation of Indian sandalwood and production of sandalwood oil. It operates in four segments. The Plantation Management segment which dominates firm's revenue is responsible for the promotion and sales of Indian sandalwood lots; establishment, maintenance, and harvesting of Indian Sandalwood plantations on behalf of the growers and group owned plantations; and end-market research and establishment of end-market agreements. The Finance segment provides financial assistance to growers to purchase sandalwood lots. The Sandalwood Products segment manufactures sandalwood oil and products for resale. The Pharmaceutical segment focuses in the research and development of pharmaceutical and biopharmaceutical products for commercializing.

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