GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Belle International Holdings Ltd (OTCPK:BELLY) » Definitions » Receivables Turnover

Belle International Holdings (Belle International Holdings) Receivables Turnover : 6.16 (As of Feb. 2017)


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

What is Belle International Holdings 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. Belle International Holdings's Revenue for the six months ended in Feb. 2017 was $3,229 Mil. Belle International Holdings's average Accounts Receivable for the six months ended in Feb. 2017 was $524 Mil. Hence, Belle International Holdings's Receivables Turnover for the six months ended in Feb. 2017 was 6.16.


Belle International Holdings Receivables Turnover Historical Data

The historical data trend for Belle International Holdings'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.

Belle International Holdings Receivables Turnover Chart

Belle International Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Feb14 Feb15 Feb16 Feb17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.36 11.12 9.79 8.72 10.15

Belle International Holdings Semi-Annual Data
Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
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 5.19 4.63 5.40 5.01 6.16

Competitive Comparison of Belle International Holdings's Receivables Turnover

For the Footwear & Accessories subindustry, Belle International Holdings'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.


Belle International Holdings's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Belle International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Belle International Holdings's Receivables Turnover falls into.



Belle International Holdings Receivables Turnover Calculation

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

Belle International Holdings's Receivables Turnover for the fiscal year that ended in Feb. 2017 is calculated as

Receivables Turnover (A: Feb. 2017 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2017 ) / ((Accounts Receivable (A: Feb. 2016 ) + Accounts Receivable (A: Feb. 2017 )) / count )
=6071.345 / ((660.585 + 535.622) / 2 )
=6071.345 / 598.1035
=10.15

Belle International Holdings's Receivables Turnover for the quarter that ended in Feb. 2017 is calculated as

Receivables Turnover (Q: Feb. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2017 ) / ((Accounts Receivable (Q: Aug. 2016 ) + Accounts Receivable (Q: Feb. 2017 )) / count )
=3228.885 / ((513.044 + 535.622) / 2 )
=3228.885 / 524.333
=6.16

* 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.


Belle International Holdings  (OTCPK:BELLY) 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.


Belle International Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Belle International Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Belle International Holdings (Belle International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Belle International is China's largest women's footwear retailer. Founded in 1992, and headquartered in Hong Kong, Belle owns six of China's top 10 women's footwear brands, commanding as much as 25% market share in fiscal 2013. In addition to the manufacturing and distribution of female footwear, Belle also distributes major sportswear products, including Nike and Adidas.

Belle International Holdings (Belle International Holdings) Headlines

No Headlines