Alcoa (FRA:ALU2) Receivables Turnover : 3.19 (As of Sep. 2016)

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

What is Alcoa 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. Alcoa's Revenue for the three months ended in Sep. 2016 was €4,645 Mil. Alcoa's average Accounts Receivable for the three months ended in Sep. 2016 was €1,456 Mil. Hence, Alcoa's Receivables Turnover for the three months ended in Sep. 2016 was 3.19.

Alcoa Receivables Turnover Historical Data

The historical data trend for Alcoa'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.

Alcoa Receivables Turnover Chart

Alcoa Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Receivables Turnover

Get a 7-Day Free Trial

15.95

15.98

15.77

Alcoa Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Receivables Turnover	Get a 7-Day Free Trial															3.62	3.54	3.15	3.33	3.19

Competitive Comparison of Alcoa's Receivables Turnover

For the Aluminum subindustry, Alcoa'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.

Alcoa's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcoa's Receivables Turnover distribution charts can be found below:

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

Alcoa Receivables Turnover Calculation

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

Alcoa's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

	Receivables Turnover (A: Dec. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2015 )	/ (	(Accounts Receivable (A: Dec. 2014 )	+	Accounts Receivable (A: Dec. 2015 ))	/	count )
=	20686.212	/ (	(0	+	0)	/	1 )
=	20686.212	/	0
=	N/A

Alcoa's Receivables Turnover for the quarter that ended in Sep. 2016 is calculated as

	Receivables Turnover (Q: Sep. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2016 )	/ (	(Accounts Receivable (Q: Jun. 2016 )	+	Accounts Receivable (Q: Sep. 2016 ))	/	count )
=	4644.783	/ (	(1419.55	+	1492.425)	/	2 )
=	4644.783	/	1455.9875
=	3.19

Alcoa (FRA:ALU2) 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.

Alcoa Receivables Turnover Related Terms

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

Alcoa (FRA:ALU2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcoa Inc (FRA:ALU2) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.arconic.com

Arconic Inc, formerly known as Alcoa Inc was first incorporated as the Pittsburgh Reduction Company on October 1, 1888. The Company is engaged in manufacturing and engineering lightweight metals. Its products include aluminum, titanium, and nickel, used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. The Company is also engaged in the production and management of aluminum, fabricated aluminum, and alumina combined, through its active participation in all aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. It has investments and operating activities in, among others, Australia, Brazil, China, Guinea, Iceland, Russia, and Saudi Arabia. The Company operates in segments including Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The Company's Global Rolled Products segment represents its midstream operations. The Engineered Products and Solutions segment represents a portion of the Company's downstream operations. Its downstream portfolio includes two segments Engineered Products and Solutions and Transportation and Construction Solutions. The Engineered Products and Solutions consist of Alcoa Titanium & Engineered Products; Alcoa Fastening Systems & Rings; Alcoa Forgings and Extrusions; and Alcoa Power and Propulsion. The Company's Transportation and Construction Solutions segment represents a portion of its downstream operations. The raw materials used includes bauxite, alloying materials, caustic soda, alumina, electricity, aluminum fluoride, fuel oil, calcined petroleum coke, lime (CaO), cathode blocks, natural gas, electricity, liquid pitch, natural gas, titanium alloys, titanium sponge and resin. The Company's trademark products include Howmet metal castings, Huck fasteners, Kawneer building panels and Dura-Bright wheels with easy-clean surface treatments.

Alcoa (FRA:ALU2) Headlines

No Headlines