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Sinclair Pharma (XPAR:SPH) Receivables Turnover : 1.57 (As of Jun. 2018)


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What is Sinclair Pharma 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. Sinclair Pharma's Revenue for the six months ended in Jun. 2018 was €24.20 Mil. Sinclair Pharma's average Accounts Receivable for the six months ended in Jun. 2018 was €15.42 Mil. Hence, Sinclair Pharma's Receivables Turnover for the six months ended in Jun. 2018 was 1.57.


Sinclair Pharma Receivables Turnover Historical Data

The historical data trend for Sinclair Pharma'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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Sinclair Pharma Receivables Turnover Chart

Sinclair Pharma Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.42 3.18 1.22 2.04

Sinclair Pharma Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Jun17 Dec17 Jun18
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 1.91 2.14 2.04 1.57

Competitive Comparison of Sinclair Pharma's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Sinclair Pharma'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.


Sinclair Pharma's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sinclair Pharma's Receivables Turnover distribution charts can be found below:

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



Sinclair Pharma Receivables Turnover Calculation

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

Sinclair Pharma's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Jun. 2015 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=51.312 / ((33.165 + 17.021) / 2 )
=51.312 / 25.093
=2.04

Sinclair Pharma's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

Receivables Turnover (Q: Jun. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2018 ) / ((Accounts Receivable (Q: Dec. 2017 ) + Accounts Receivable (Q: Jun. 2018 )) / count )
=24.196 / ((17.021 + 13.814) / 2 )
=24.196 / 15.4175
=1.57

* 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.


Sinclair Pharma  (XPAR:SPH) 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.


Sinclair Pharma Receivables Turnover Related Terms

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Sinclair Pharma Business Description

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Address
Sinclair Pharma PLC is a United Kingdom-based specialty pharmaceutical company focused on Dermatology, in particular, Aesthetics, Wound care, and Skin care. The group has a direct sales and marketing presence in the top five European markets and a rapidly growing International division concentrated on key emerging markets through long-term multi-product, multi-country, sales & marketing and distribution deals with key strategic partners. The Company's reportable operating segments are International Operations, France, Italy, Germany, UK, and Spain.