Banro (XCNQ:BAA.PA.PFD) Receivables Turnover : 63.45 (As of Jun. 2017)

View and export this data going back to 2013. Start your Free Trial

What is Banro 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. Banro's Revenue for the three months ended in Jun. 2017 was $41.88 Mil. Banro's average Accounts Receivable for the three months ended in Jun. 2017 was $0.66 Mil. Hence, Banro's Receivables Turnover for the three months ended in Jun. 2017 was 63.45.

Banro Receivables Turnover Historical Data

The historical data trend for Banro'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.

Banro Receivables Turnover Chart

Banro Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Receivables Turnover

Get a 7-Day Free Trial

73.00

524.11

601.70

Banro Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Receivables Turnover	Get a 7-Day Free Trial															-	-	118.90	89.73	63.45

Competitive Comparison of Banro's Receivables Turnover

For the Gold subindustry, Banro'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.

Banro's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Banro's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Banro Receivables Turnover Calculation

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

Banro's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Receivables Turnover (A: Dec. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2016 )	/ (	(Accounts Receivable (A: Dec. 2015 )	+	Accounts Receivable (A: Dec. 2016 ))	/	count )
=	228.346	/ (	(0.299	+	0.46)	/	2 )
=	228.346	/	0.3795
=	601.70

Banro'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: Mar. 2017 )	+	Accounts Receivable (Q: Jun. 2017 ))	/	count )
=	41.876	/ (	(0.771	+	0.549)	/	2 )
=	41.876	/	0.66
=	63.45

Banro (XCNQ:BAA.PA.PFD) 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.

Banro Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Banro's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Banro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Banro Corp (XCNQ:BAA.PA.PFD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 King Street West, Suite 7070, 1 First Canadian Place, Toronto, ON, CAN, M5X 1E3

Website

http://www.banro.com

Banro Corp is a Canadian gold mining company. Principally it focuses on exploration, development, and production of mineral properties in the Democratic Republic of the Congo. The company holds two gold producing mines Twangiza mines and Namoya mines and two advancing gold exploration projects which include Lugushwa project and Kamituga project. Twangiza mine property is located approximately 45 kilometers south-southwest of Bukavu in south Kivu Province whereas the Namoya mine property lies at the southern end of the Twangiza-Namoya gold belt in Maniema province. The company's Lugushwa project and Kamituga project, both are located in the southwest city of Bukavu.

Banro Headlines

No Headlines