Shengkai Innovations (Shengkai Innovations) Receivables Turnover : 0.42 (As of Mar. 2013)

Shengkai Innovations Receivables Turnover Chart

Shengkai Innovations Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Receivables Turnover	Get a 7-Day Free Trial															0.89	0.68	0.52	0.48	0.42

Competitive Comparison of Shengkai Innovations's Receivables Turnover

For the Industrial Distribution subindustry, Shengkai Innovations'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.

Shengkai Innovations's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shengkai Innovations's Receivables Turnover distribution charts can be found below:

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

Shengkai Innovations Receivables Turnover Calculation

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

Shengkai Innovations's Receivables Turnover for the fiscal year that ended in Jun. 2012 is calculated as

Shengkai Innovations's Receivables Turnover for the quarter that ended in Mar. 2013 is calculated as

* 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.

Shengkai Innovations  (OTCPK:VALV) 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.

Shengkai Innovations Receivables Turnover Related Terms

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Shengkai Innovations (Shengkai Innovations) Business Description