GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baker Hughes Inc (XSWX:BHI) » Definitions » Receivables Turnover

Baker Hughes (XSWX:BHI) Receivables Turnover : 1.02 (As of Mar. 2017)


View and export this data going back to 1995. Start your Free Trial

What is Baker Hughes 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. Baker Hughes's Revenue for the three months ended in Mar. 2017 was CHF2,265 Mil. Baker Hughes's average Accounts Receivable for the three months ended in Mar. 2017 was CHF2,230 Mil. Hence, Baker Hughes's Receivables Turnover for the three months ended in Mar. 2017 was 1.02.


Baker Hughes Receivables Turnover Historical Data

The historical data trend for Baker Hughes'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.

Baker Hughes Receivables Turnover Chart

Baker Hughes Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 4.43 4.85 3.69 3.65

Baker Hughes Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.88 0.95 1.06 1.11 1.02

Competitive Comparison of Baker Hughes's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Baker Hughes'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.


Baker Hughes's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baker Hughes's Receivables Turnover distribution charts can be found below:

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



Baker Hughes Receivables Turnover Calculation

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

Baker Hughes'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 )
=10031.915 / ((3201.237 + 2294.669) / 2 )
=10031.915 / 2747.953
=3.65

Baker Hughes's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

Receivables Turnover (Q: Mar. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Mar. 2017 )) / count )
=2265.393 / ((2294.669 + 2165.243) / 2 )
=2265.393 / 2229.956
=1.02

* 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.


Baker Hughes  (XSWX:BHI) 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.


Baker Hughes Receivables Turnover Related Terms

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


Baker Hughes (XSWX:BHI) Business Description

Traded in Other Exchanges
N/A
Address
Baker Hughes is one of the world's largest integrated oil services providers. Its largest end market is North America, and thus its fortunes are strongly leveraged to U.S. shale activity. By the end of 2017, the firm is set to combine with General Electric's oil and gas division, which is more leveraged to offshore developments, as well as nonupstream energy markets such as liquefied natural gas and refining.

Baker Hughes (XSWX:BHI) Headlines

No Headlines