SHP Celex a.d (XBLB:CELX-R-A) Receivables Turnover : 13.27 (As of Dec. 2013)

View and export this data going back to 2002. Start your Free Trial

What is SHP Celex a.d 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. SHP Celex a.d's Revenue for the six months ended in Dec. 2013 was BAM73.97 Mil. SHP Celex a.d's average Accounts Receivable for the six months ended in Dec. 2013 was BAM5.57 Mil. Hence, SHP Celex a.d's Receivables Turnover for the six months ended in Dec. 2013 was 13.27.

SHP Celex a.d Receivables Turnover Historical Data

The historical data trend for SHP Celex a.d'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.

SHP Celex a.d Receivables Turnover Chart

SHP Celex a.d Annual Data

Trend

Dec12

Dec13

Receivables Turnover

12.44

13.27

SHP Celex a.d Semi-Annual Data
	Dec12	Dec13
Receivables Turnover	12.44	13.27

Competitive Comparison of SHP Celex a.d's Receivables Turnover

For the Household & Personal Products subindustry, SHP Celex a.d'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.

SHP Celex a.d's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SHP Celex a.d's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SHP Celex a.d's Receivables Turnover falls into.

SHP Celex a.d Receivables Turnover Calculation

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

SHP Celex a.d's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Receivables Turnover (A: Dec. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2013 )	/ (	(Accounts Receivable (A: Dec. 2012 )	+	Accounts Receivable (A: Dec. 2013 ))	/	count )
=	73.965	/ (	(5.577	+	5.567)	/	2 )
=	73.965	/	5.572
=	13.27

SHP Celex a.d's Receivables Turnover for the quarter that ended in Dec. 2013 is calculated as

	Receivables Turnover (Q: Dec. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2013 )	/ (	(Accounts Receivable (Q: Dec. 2012 )	+	Accounts Receivable (Q: Dec. 2013 ))	/	count )
=	73.965	/ (	(5.577	+	5.567)	/	2 )
=	73.965	/	5.572
=	13.27

SHP Celex a.d (XBLB:CELX-R-A) 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.

SHP Celex a.d Receivables Turnover Related Terms

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

SHP Celex a.d (XBLB:CELX-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SHP Celex a.d (XBLB:CELX-R-A) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veljka Mladjenoviaea bb, Banja Luka, BIH, 78102

Website

http://www.shpgroup.eu

SHP Celex a.d. operates in the industry of household and personal products. The company is engaged in manufacturing of hygienic papers in Central and South Eastern Europe. The products of the company include toilet paper, kitchen towels, handkerchiefs, facial tissues, and napkins.

SHP Celex a.d (XBLB:CELX-R-A) Headlines

No Headlines