TORM (TOR Minerals International) Receivables Turnover: 9.89 (As of Dec. 2017)

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TORM TOR Minerals International Inc TORM
12 GF Score
Price $2.19
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What is TOR Minerals International Receivables Turnover?

TOR Minerals International TORM 12 Receivables Turnover is 9.89 as of Dec. 2017. GuruFocus rates TORM with a GF Score™ of 12/100.

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. TOR Minerals International's Revenue for the six months ended in Dec. 2017 was $38.97 Mil. TOR Minerals International's average Accounts Receivable for the six months ended in Dec. 2017 was $3.94 Mil. Hence, TOR Minerals International's Receivables Turnover for the six months ended in Dec. 2017 was 9.89.


TOR Minerals International  (OTCPK:TORM) 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.


TOR Minerals International Receivables Turnover Related Terms


TOR Minerals International Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TOR Minerals International'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.

TOR Minerals International Receivables Turnover Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.83 9.90 8.77 10.85 9.89

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 10.83 9.90 8.77 10.85 9.89

TORM vs BGLC, CRKN, SNES: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, TOR Minerals International'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.


TOR Minerals International Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOR Minerals International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TOR Minerals International's Receivables Turnover falls into.


TORM
12GF Score
TOR Minerals International Inc TORM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TOR Minerals International Receivables Turnover Calculation

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

TOR Minerals International's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=38.966 / ((3.557 + 4.323) / 2 )
=38.966 / 3.94
=9.89

TOR Minerals International's Receivables Turnover for the quarter that ended in Dec. 2017 is calculated as

Receivables Turnover (Q: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Dec. 2017 )) / count )
=38.966 / ((3.557 + 4.323) / 2 )
=38.966 / 3.94
=9.89

* 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 9.89 mean?
TOR Minerals International (TORM) has a Receivables Turnover of 9.89 as of Dec. 2017. 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 TOR Minerals International and its competitors.
Is TOR Minerals International's Receivables Turnover too high?
TOR Minerals International's current Receivables Turnover is 9.89. The Chemicals industry median Receivables Turnover is 5.60. TOR Minerals International's value of 9.89 is 76.6% above this industry median. Overall, TOR Minerals International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does TOR Minerals International's Receivables Turnover compare to BGLC and CRKN?
TOR Minerals International's Receivables Turnover of 9.89 can be compared against companies in the Chemicals industry. The industry median Receivables Turnover is 5.60. TOR Minerals International's value of 9.89 is 76.6% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. TOR Minerals International's current Receivables Turnover of 9.89 is 76.6% 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 TOR Minerals International and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOR Minerals International's current Receivables Turnover is 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOR Minerals International stock overvalued right now?
TOR Minerals International (TORM) has a current Receivables Turnover of 9.89. The current Receivables Turnover is 9.89 and 76.6% above the Chemicals industry median of 5.60. TOR Minerals International's overall GF Score™ is 12/100. 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 TOR Minerals International (TORM), the current Receivables Turnover is 9.89 as of Dec. 2017. 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.

TOR Minerals International Business Description

Address 711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
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