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. Emmis's Revenue for the
three
months ended in Feb. 2020 was $10.44 Mil. Emmis's average Accounts Receivable for the
three
months ended in Feb. 2020 was $5.11 Mil.
Hence, Emmis's Receivables Turnover for the
three
months ended in Feb. 2020 was 2.04.
Emmis Receivables Turnover Historical Data
The historical data trend for Emmis'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.
Competitive Comparison of Emmis's Receivables Turnover
For the Broadcasting subindustry, Emmis'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.
Emmis's Receivables Turnover Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Emmis's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Emmis's Receivables Turnover falls into.
Emmis Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Emmis's Receivables Turnover for the fiscal year that ended in Feb. 2020 is calculated as
* 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.
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.
Emmis Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Emmis's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
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