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Frutarom Industries (XTAE:FRUT) Receivables Turnover : 1.41 (As of Jun. 2018)


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What is Frutarom Industries 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. Frutarom Industries's Revenue for the three months ended in Jun. 2018 was ₪1,496 Mil. Frutarom Industries's average Accounts Receivable for the three months ended in Jun. 2018 was ₪1,062 Mil. Hence, Frutarom Industries's Receivables Turnover for the three months ended in Jun. 2018 was 1.41.

Frutarom Industries Receivables Turnover Historical Data

The historical data trend for Frutarom Industries'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.

Frutarom Industries Receivables Turnover Chart

Frutarom Industries Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 5.88 5.89 6.44 6.08

Frutarom Industries Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 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 1.47 1.43 1.43 1.48 1.41

Competitive Comparison of Frutarom Industries's Receivables Turnover

For the Specialty Chemicals subindustry, Frutarom Industries'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.

Frutarom Industries's Receivables Turnover Distribution in the Chemicals Industry

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

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


Frutarom Industries Receivables Turnover Calculation

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

Frutarom Industries'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: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=5077.447 / ((745.765 + 924.419) / 2 )
=5077.447 / 835.092
=6.08

Frutarom Industries'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: Mar. 2018 ) + Accounts Receivable (Q: Jun. 2018 )) / count )
=1495.604 / ((1017.445 + 1106.524) / 2 )
=1495.604 / 1061.9845
=1.41

* 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.

Frutarom Industries  (XTAE:FRUT) 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.

Frutarom Industries Receivables Turnover Related Terms

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Frutarom Industries (XTAE:FRUT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Frutarom Industries Ltd (XTAE:FRUT) » Definitions » Receivables Turnover
Comparable Companies
CC WDFC SXT TSE:4631 KWR MIC:NKNC OLN LSE:VCT CBT SZSE:300741 FUL TSE:4205 POL SHSE:600143 SHSE:600985 SZSE:300088 TSE:4403 SHSE:601118 IOSP BKK:TOA
Traded in Other Exchanges
N/A
Address
Website
http://www.frutarom.com
Frutarom Industries Ltd manufactures and sells flavors, fragrances, and food and beverage ingredients. The company organizes itself into two primary segments based on product type. The flavors segment, which generates the majority of revenue, sells flavors and fragrances to the food, beverage, cosmetics, and personal-care products industries. The fine ingredients segment sells flavor ingredients, spices, and confectionery used in the production of food and beverage products. Frutarom generates more revenue in Western Europe than any other geography.

Frutarom Industries (XTAE:FRUT) Headlines

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