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Thermwood (Thermwood) Receivables Turnover : 3.78 (As of Jul. 2001)


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What is Thermwood 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. Thermwood's Revenue for the three months ended in Jul. 2001 was $5.74 Mil. Thermwood's average Accounts Receivable for the three months ended in Jul. 2001 was $1.52 Mil. Hence, Thermwood's Receivables Turnover for the three months ended in Jul. 2001 was 3.78.


Thermwood Receivables Turnover Historical Data

The historical data trend for Thermwood'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.

Thermwood Receivables Turnover Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.20 11.51

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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 3.04 2.75 - 3.77 3.78

Competitive Comparison of Thermwood's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Thermwood'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.


Thermwood's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermwood's Receivables Turnover distribution charts can be found below:

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



Thermwood Receivables Turnover Calculation

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

Thermwood's Receivables Turnover for the fiscal year that ended in Jul. 2001 is calculated as

Receivables Turnover (A: Jul. 2001 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2001 ) / ((Accounts Receivable (A: Jul. 2000 ) + Accounts Receivable (A: Jul. 2001 )) / count )
=22.372 / ((2.129 + 1.76) / 2 )
=22.372 / 1.9445
=11.51

Thermwood's Receivables Turnover for the quarter that ended in Jul. 2001 is calculated as

Receivables Turnover (Q: Jul. 2001 )
=Revenue / Average Total Inventories
=Revenue (Q: Jul. 2001 ) / ((Accounts Receivable (Q: Apr. 2001 ) + Accounts Receivable (Q: Jul. 2001 )) / count )
=5.741 / ((1.275 + 1.76) / 2 )
=5.741 / 1.5175
=3.78

* 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.


Thermwood  (OTCPK:TOOD) 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.


Thermwood Receivables Turnover Related Terms

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Thermwood (Thermwood) Business Description

Traded in Other Exchanges
N/A
Address
904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.

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