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Medical Device Works (XPAR:ALMDW) Receivables Turnover : 35.42 (As of Dec. 2012)


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What is Medical Device Works 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. Medical Device Works's Revenue for the six months ended in Dec. 2012 was €1.10 Mil. Medical Device Works's average Accounts Receivable for the six months ended in Dec. 2012 was €0.03 Mil. Hence, Medical Device Works's Receivables Turnover for the six months ended in Dec. 2012 was 35.42.


Medical Device Works Receivables Turnover Historical Data

The historical data trend for Medical Device Works'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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Medical Device Works Receivables Turnover Chart

Medical Device Works Annual Data
Trend Dec11 Dec12
Receivables Turnover
21.03 35.42

Medical Device Works Semi-Annual Data
Dec11 Dec12
Receivables Turnover 21.03 35.42

Competitive Comparison of Medical Device Works's Receivables Turnover

For the Medical Devices subindustry, Medical Device Works'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.


Medical Device Works's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medical Device Works's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Medical Device Works's Receivables Turnover falls into.



Medical Device Works Receivables Turnover Calculation

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

Medical Device Works's Receivables Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Receivables Turnover (A: Dec. 2012 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2012 ) / ((Accounts Receivable (A: Dec. 2011 ) + Accounts Receivable (A: Dec. 2012 )) / count )
=1.098 / ((0.032 + 0.03) / 2 )
=1.098 / 0.031
=35.42

Medical Device Works's Receivables Turnover for the quarter that ended in Dec. 2012 is calculated as

Receivables Turnover (Q: Dec. 2012 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2012 ) / ((Accounts Receivable (Q: Dec. 2011 ) + Accounts Receivable (Q: Dec. 2012 )) / count )
=1.098 / ((0.032 + 0.03) / 2 )
=1.098 / 0.031
=35.42

* 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.


Medical Device Works  (XPAR:ALMDW) 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.


Medical Device Works Receivables Turnover Related Terms

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Medical Device Works (XPAR:ALMDW) Business Description

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Medical Device Works SA is engaged in developing kits of minimally-invasive surgical devices for temporarily isolating damaged organs from blood flow.

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