Berger Paints Jamaica (XJAM:BRG) Receivables Turnover : 4.88 (As of Dec. 2008)

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What is Berger Paints Jamaica 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. Berger Paints Jamaica's Revenue for the six months ended in Dec. 2008 was JMD1,527 Mil. Berger Paints Jamaica's average Accounts Receivable for the six months ended in Dec. 2008 was JMD313 Mil. Hence, Berger Paints Jamaica's Receivables Turnover for the six months ended in Dec. 2008 was 4.88.

Berger Paints Jamaica Receivables Turnover Historical Data

The historical data trend for Berger Paints Jamaica'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.

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Berger Paints Jamaica Receivables Turnover Chart

Berger Paints Jamaica Annual Data

Trend

Dec08

Receivables Turnover

4.88

Berger Paints Jamaica Semi-Annual Data
	Dec08
Receivables Turnover	4.88

Competitive Comparison of Berger Paints Jamaica's Receivables Turnover

For the Specialty Chemicals subindustry, Berger Paints Jamaica'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.

Berger Paints Jamaica's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Berger Paints Jamaica's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Berger Paints Jamaica's Receivables Turnover falls into.

Berger Paints Jamaica Receivables Turnover Calculation

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

Berger Paints Jamaica's Receivables Turnover for the fiscal year that ended in Dec. 2008 is calculated as

	Receivables Turnover (A: Dec. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2008 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: Dec. 2008 ))	/	count )
=	1527.014	/ (	(	+	313.075)	/	1 )
=	1527.014	/	313.075
=	4.88

Berger Paints Jamaica's Receivables Turnover for the quarter that ended in Dec. 2008 is calculated as

	Receivables Turnover (Q: Dec. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2008 )	/ (	(Accounts Receivable (Q: . 20 )	+	Accounts Receivable (Q: Dec. 2008 ))	/	count )
=	1527.014	/ (	(	+	313.075)	/	1 )
=	1527.014	/	313.075
=	4.88

Berger Paints Jamaica (XJAM:BRG) 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.

Berger Paints Jamaica Receivables Turnover Related Terms

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Berger Paints Jamaica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Berger Paints Jamaica Ltd (XJAM:BRG) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

256 Spanish Town Road, P O Box 8, Kingston, JAM, 11

Website

https://www.bergerpaintscaribbean.com

Berger Paints Jamaica Ltd is engaged in the manufacturing and distribution of paint and paint related products. The company's products and services include consumer service, protective coatings, marine paints and architectural and wood finishes. It offers paints, primers, textures, wood finishes, and light industrial finishes. It serves homes and institutions. The group has a strong presence in five regions of the world, including Middle East, South Asia, South East Asia, South Pacific, and the Caribbean, through its five corporate brands - Berger International, Asian Paints, SCIB Paints, Apco Coatings, Taubmans, and Kadisco.