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VK Muehlen AG (FRA:VKL) Receivables Turnover : 14.72 (As of Mar. 2014)


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What is VK Muehlen 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. VK Muehlen AG's Revenue for the six months ended in Mar. 2014 was €221.0 Mil. VK Muehlen AG's average Accounts Receivable for the six months ended in Mar. 2014 was €15.0 Mil. Hence, VK Muehlen AG's Receivables Turnover for the six months ended in Mar. 2014 was 14.72.


VK Muehlen AG Receivables Turnover Historical Data

The historical data trend for VK Muehlen 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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VK Muehlen AG Receivables Turnover Chart

VK Muehlen AG Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13
Receivables Turnover
7.62 6.65 8.23 6.68 14.29

VK Muehlen AG Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 2.83 4.12 4.40 6.10 14.72

Competitive Comparison of VK Muehlen AG's Receivables Turnover

For the subindustry, VK Muehlen 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.


VK Muehlen AG's Receivables Turnover Distribution in the Industry

For the industry and sector, VK Muehlen AG's Receivables Turnover distribution charts can be found below:

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



VK Muehlen AG Receivables Turnover Calculation

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

VK Muehlen AG's Receivables Turnover for the fiscal year that ended in Sep. 2013 is calculated as

Receivables Turnover (A: Sep. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2013 ) / ((Accounts Receivable (A: Sep. 2012 ) + Accounts Receivable (A: Sep. 2013 )) / count )
=506.02 / ((55.824 + 15.011) / 2 )
=506.02 / 35.4175
=14.29

VK Muehlen AG's Receivables Turnover for the quarter that ended in Mar. 2014 is calculated as

Receivables Turnover (Q: Mar. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2014 ) / ((Accounts Receivable (Q: Sep. 2013 ) + Accounts Receivable (Q: Mar. 2014 )) / count )
=221.013 / ((15.011 + 0) / 1 )
=221.013 / 15.011
=14.72

* 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.


VK Muehlen AG  (FRA:VKL) 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.


VK Muehlen AG Receivables Turnover Related Terms

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VK Muehlen AG (FRA:VKL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
VK Muehlen AG is engaged in the development and production of grain and cereal meals products.

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