Hanover Foods (Hanover Foods) Receivables Turnover : 0.00 (As of . 20)

View and export this data going back to 2010. Start your Free Trial

What is Hanover Foods 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. Hanover Foods's Revenue for the three months ended in . 20 was $0.00 Mil. Hanover Foods's average Accounts Receivable for the three months ended in . 20 was $0.00 Mil.

Hanover Foods Receivables Turnover Historical Data

The historical data trend for Hanover Foods'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.

Hanover Foods Receivables Turnover Chart

Hanover Foods Annual Data

Trend

Receivables Turnover

Hanover Foods Quarterly Data

Receivables Turnover

Competitive Comparison of Hanover Foods's Receivables Turnover

For the Packaged Foods subindustry, Hanover Foods'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.

Hanover Foods's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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

Hanover Foods Receivables Turnover Calculation

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

Hanover Foods's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

	Receivables Turnover (A: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: . 20 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Hanover Foods's Receivables Turnover for the quarter that ended in . 20 is calculated as

	Receivables Turnover (Q: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: . 20 )	/ (	(Accounts Receivable (Q: . 20 )	+	Accounts Receivable (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Hanover Foods (OTCPK:HNFSB) 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.

Hanover Foods Receivables Turnover Related Terms

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

Hanover Foods (Hanover Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hanover Foods Corp (OTCPK:HNFSB) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

P.O. Box 334, Hanover, PA, USA, 17331

Website

http://www.hanoverfoods.com

Hanover Foods Corp is engaged in growing, processing, packaging, marketing and distribution of various food products. It produces frozen vegetables, canned vegetables, canned beans, refrigerated, fresh, glass-packed, and snack food items.

Hanover Foods (Hanover Foods) Headlines

No Headlines