Syngenta AG (Syngenta AG) Receivables Turnover : 1.27 (As of Dec. 2018)

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What is Syngenta AG 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. Syngenta AG's Revenue for the six months ended in Dec. 2018 was $6,274 Mil. Syngenta AG's average Accounts Receivable for the six months ended in Dec. 2018 was $4,935 Mil. Hence, Syngenta AG's Receivables Turnover for the six months ended in Dec. 2018 was 1.27.

Syngenta AG Receivables Turnover Historical Data

The historical data trend for Syngenta AG'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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Syngenta AG Receivables Turnover Chart

Syngenta AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Receivables Turnover

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4.24

3.43

2.95

2.93

3.19

Syngenta AG Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Receivables Turnover	Get a 7-Day Free Trial															1.07	1.29	1.11	1.52	1.27

Competitive Comparison of Syngenta AG's Receivables Turnover

For the Agricultural Inputs subindustry, Syngenta AG'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.

Syngenta AG's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Syngenta AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Syngenta AG's Receivables Turnover falls into.

Syngenta AG Receivables Turnover Calculation

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

Syngenta AG's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Receivables Turnover (A: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2018 )	/ (	(Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )
=	13523	/ (	(4087	+	4398)	/	2 )
=	13523	/	4242.5
=	3.19

Syngenta AG's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

	Receivables Turnover (Q: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2018 )	/ (	(Accounts Receivable (Q: Jun. 2018 )	+	Accounts Receivable (Q: Dec. 2018 ))	/	count )
=	6274	/ (	(5471	+	4398)	/	2 )
=	6274	/	4934.5
=	1.27

Syngenta AG (NYSE:SYT) 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.

Syngenta AG Receivables Turnover Related Terms

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Syngenta AG (Syngenta AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Syngenta AG (NYSE:SYT) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Schwarzwaldalle 215, Basel, CHE, 4058

Website

http://www.syngenta.com

Formed in 2000 from spin-offs of Novartis' crop-protection and seeds business and AstraZeneca's agrochemical business, Syngenta is a global producer of crop chemicals and seeds. The Swiss company is a leading manufacturer of crop-protection products, making multiple herbicides, insecticides, and fungicides used on a wide variety of crops. Syngenta's seeds business trails rivals, but the company is investing heavily in research and development in an effort to close the technology gap in genetically modified seeds.