Marka PJSC (DFM:MARKA) Receivables Turnover : 8.38 (As of Dec. 2018)

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What is Marka PJSC 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. Marka PJSC's Revenue for the three months ended in Dec. 2018 was د.إ18.29 Mil. Marka PJSC's average Accounts Receivable for the three months ended in Dec. 2018 was د.إ2.18 Mil. Hence, Marka PJSC's Receivables Turnover for the three months ended in Dec. 2018 was 8.38.

Marka PJSC Receivables Turnover Historical Data

The historical data trend for Marka PJSC'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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Marka PJSC Receivables Turnover Chart

Marka PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Receivables Turnover

1.25

1.49

7.55

50.67

Marka PJSC Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Receivables Turnover	Get a 7-Day Free Trial												11.85	7.66	5.99	5.33	8.38

Competitive Comparison of Marka PJSC's Receivables Turnover

For the Department Stores subindustry, Marka PJSC'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.

Marka PJSC's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marka PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Marka PJSC's Receivables Turnover falls into.

Marka PJSC Receivables Turnover Calculation

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

Marka PJSC'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 )
=	76.025	/ (	(1.918	+	1.083)	/	2 )
=	76.025	/	1.5005
=	50.67

Marka PJSC'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: Sep. 2018 )	+	Accounts Receivable (Q: Dec. 2018 ))	/	count )
=	18.293	/ (	(3.281	+	1.083)	/	2 )
=	18.293	/	2.182
=	8.38

Marka PJSC (DFM:MARKA) 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.

Marka PJSC Receivables Turnover Related Terms

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Marka PJSC (DFM:MARKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marka PJSC (DFM:MARKA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 9, Level 3, D3 (Dubai Design District), PO Box 34771, Dubai, ARE

Website

http://www.markaholding.com

Marka PJSC is a Dubai-based company engaged in the operation of retail stores. It deals in luxury apparel, accessories, sports merchandise and other related products. In addition, the group also focuses on food and beverage sector. It operates restaurants and cafes in mid to high-end dining options across global cuisines. The activities of the company include the sale of merchandise, and food and beverage. The group is organised into four reportable segments namely Sports, Fashion, Hospitality and Other.

Marka PJSC (DFM:MARKA) Headlines

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