SICOR Cote d'Ivoire (XBRV:SICC) Receivables Turnover: 10.97 (As of Dec. 2018)

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XBRV:SICC SICOR Cote d'Ivoire XBRV:SICC
33 GF Score
Price XOF8,400.00
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What is SICOR Cote d'Ivoire Receivables Turnover?

SICOR Cote d'Ivoire XBRV:SICC 33 Receivables Turnover is 10.97 as of Dec. 2018. GuruFocus rates XBRV:SICC with a GF Score™ of 33/100. Among 1,957 Consumer Packaged Goods companies, SICOR Cote d'Ivoire ranks worse than 51098.57% on this metric.

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. SICOR Cote d'Ivoire's Revenue for the six months ended in Dec. 2018 was XOF1,393 Mil. SICOR Cote d'Ivoire's average Accounts Receivable for the six months ended in Dec. 2018 was XOF127 Mil. Hence, SICOR Cote d'Ivoire's Receivables Turnover for the six months ended in Dec. 2018 was 10.97.


SICOR Cote d'Ivoire  (XBRV:SICC) 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.


SICOR Cote d'Ivoire Receivables Turnover Related Terms


SICOR Cote d'Ivoire Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SICOR Cote d'Ivoire'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.

SICOR Cote d'Ivoire Receivables Turnover Chart

SICOR Cote d'Ivoire Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Receivables Turnover
Get a 7-Day Free Trial - 12.37 6.46 3.36 10.97

SICOR Cote d'Ivoire Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Receivables Turnover Get a 7-Day Free Trial - 12.37 6.46 3.36 10.97

XBRV:SICC vs : Receivables Turnover Comparison

For the Farm Products subindustry, SICOR Cote d'Ivoire'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.


SICOR Cote d'Ivoire Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SICOR Cote d'Ivoire's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SICOR Cote d'Ivoire's Receivables Turnover falls into.


XBRV:SICC
33GF Score
SICOR Cote d'Ivoire XBRV:SICC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SICOR Cote d'Ivoire Receivables Turnover Calculation

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

SICOR Cote d'Ivoire's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=1393.219028 / ((127.018716 + ) / 1 )
=1393.219028 / 127.018716
=10.97

SICOR Cote d'Ivoire's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

Receivables Turnover (Q: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2018 ) / ((Accounts Receivable (Q: Dec. 2017 ) + Accounts Receivable (Q: Dec. 2018 )) / count )
=1393.219028 / ((127.018716 + ) / 1 )
=1393.219028 / 127.018716
=10.97

* 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 10.97 mean?
SICOR Cote d'Ivoire (XBRV:SICC) has a Receivables Turnover of 10.97 as of Dec. 2018. 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 SICOR Cote d'Ivoire and its competitors. According to the industry distribution chart, SICOR Cote d'Ivoire ranks #999999 out of 1957 companies in the Consumer Packaged Goods industry.
Is SICOR Cote d'Ivoire's Receivables Turnover too high?
SICOR Cote d'Ivoire's current Receivables Turnover is 10.97. The Consumer Packaged Goods industry median Receivables Turnover is 9.45. SICOR Cote d'Ivoire's value of 10.97 is 16.1% above this industry median. Based on the distribution chart, SICOR Cote d'Ivoire ranks #999999 out of 1957 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, SICOR Cote d'Ivoire has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SICOR Cote d'Ivoire's Receivables Turnover compare to ?
According to the Consumer Packaged Goods industry distribution chart, SICOR Cote d'Ivoire ranks #999999 out of 1957 companies for Receivables Turnover. This places SICOR Cote d'Ivoire in the lower half of its industry. The industry median Receivables Turnover is 9.45. SICOR Cote d'Ivoire's value of 10.97 is 16.1% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.45, based on 1,957 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. SICOR Cote d'Ivoire's current Receivables Turnover of 10.97 is 16.1% 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 SICOR Cote d'Ivoire and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SICOR Cote d'Ivoire's current Receivables Turnover is 10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SICOR Cote d'Ivoire stock overvalued right now?
SICOR Cote d'Ivoire (XBRV:SICC) has a current Receivables Turnover of 10.97. The current Receivables Turnover is 10.97 and 16.1% above the Consumer Packaged Goods industry median of 9.45. SICOR Cote d'Ivoire's overall GF Score™ is 33/100. 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 SICOR Cote d'Ivoire (XBRV:SICC), the current Receivables Turnover is 10.97 as of Dec. 2018. 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.

SICOR Cote d'Ivoire Business Description

Comparable Companies
Address Quartier SICOR, Jacqueville, CIV, BP 202
SICOR Cote d'Ivoire offers coconut products and derivates, including desiccated coco and copra.
33GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

XOF8,400.00
Price