Annie′s (FRA:ANX) Receivables Turnover : 2.45 (As of Jun. 2014)

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What is Annie′s 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. Annie′s's Revenue for the three months ended in Jun. 2014 was €31.9 Mil. Annie′s's average Accounts Receivable for the three months ended in Jun. 2014 was €13.0 Mil. Hence, Annie′s's Receivables Turnover for the three months ended in Jun. 2014 was 2.45.

Annie′s Receivables Turnover Historical Data

The historical data trend for Annie′s'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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Annie′s Receivables Turnover Chart

Annie′s Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Receivables Turnover

11.19

13.07

13.81

11.15

10.64

Annie′s Quarterly Data
	Mar11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Receivables Turnover	Get a 7-Day Free Trial								2.28	3.38	2.41	3.23	2.45

Competitive Comparison of Annie′s's Receivables Turnover

For the Packaged Foods subindustry, Annie′s'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.

Annie′s's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Annie′s's Receivables Turnover distribution charts can be found below:

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

Annie′s Receivables Turnover Calculation

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

Annie′s's Receivables Turnover for the fiscal year that ended in Mar. 2014 is calculated as

	Receivables Turnover (A: Mar. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2014 )	/ (	(Accounts Receivable (A: Mar. 2013 )	+	Accounts Receivable (A: Mar. 2014 ))	/	count )
=	147.567	/ (	(14.48	+	13.248)	/	2 )
=	147.567	/	13.864
=	10.64

Annie′s's Receivables Turnover for the quarter that ended in Jun. 2014 is calculated as

	Receivables Turnover (Q: Jun. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2014 )	/ (	(Accounts Receivable (Q: Mar. 2014 )	+	Accounts Receivable (Q: Jun. 2014 ))	/	count )
=	31.867	/ (	(13.248	+	12.724)	/	2 )
=	31.867	/	12.986
=	2.45

Annie′s (FRA:ANX) 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.

Annie′s Receivables Turnover Related Terms

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Annie′s (FRA:ANX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Annie′s Inc (FRA:ANX) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Website

http://www.annies.com

Annie's Inc is engaged in the production, marketing, and distribution of natural and organic food products. Its product line comprise of meals, snacks, dressings, condiments, and other products.

Annie′s (FRA:ANX) Headlines

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