Linear Technology (Linear Technology) Receivables Turnover : 2.44 (As of Dec. 2016)

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What is Linear Technology 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. Linear Technology's Revenue for the three months ended in Dec. 2016 was $376 Mil. Linear Technology's average Accounts Receivable for the three months ended in Dec. 2016 was $154 Mil. Hence, Linear Technology's Receivables Turnover for the three months ended in Dec. 2016 was 2.44.

Linear Technology Receivables Turnover Historical Data

The historical data trend for Linear Technology'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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Linear Technology Receivables Turnover Chart

Linear Technology Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Receivables Turnover

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7.85

8.60

8.72

8.37

8.46

Linear Technology Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Receivables Turnover	Get a 7-Day Free Trial															2.32	2.42	2.41	2.34	2.44

Competitive Comparison of Linear Technology's Receivables Turnover

For the Semiconductors subindustry, Linear Technology'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.

Linear Technology's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Linear Technology's Receivables Turnover distribution charts can be found below:

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

Linear Technology Receivables Turnover Calculation

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

Linear Technology's Receivables Turnover for the fiscal year that ended in Jun. 2016 is calculated as

	Receivables Turnover (A: Jun. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2016 )	/ (	(Accounts Receivable (A: Jun. 2015 )	+	Accounts Receivable (A: Jun. 2016 ))	/	count )
=	1423.936	/ (	(179.264	+	157.46)	/	2 )
=	1423.936	/	168.362
=	8.46

Linear Technology's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

	Receivables Turnover (Q: Dec. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2016 )	/ (	(Accounts Receivable (Q: Sep. 2016 )	+	Accounts Receivable (Q: Dec. 2016 ))	/	count )
=	375.817	/ (	(162.434	+	145.135)	/	2 )
=	375.817	/	153.7845
=	2.44

Linear Technology (NAS:LLTC) 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.

Linear Technology Receivables Turnover Related Terms

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Linear Technology (Linear Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Linear Technology Corp (NAS:LLTC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.linear.com

Linear Technology designs and manufactures standard high-performance analog integrated circuits for a diverse customer base spanning industrial, automotive, communications, and high-end consumer electronics. The firm offers thousands of analog products to tens of thousands of original equipment manufacturers globally. Most of its products support functions such as power management, data interface, and conversion. International markets account for the lion's share of Linear's revenue.

Executives

Steve Pietkiewicz	officer: VP & GM Power Business Unit	1630 MCCARTHY BLVD., MILPITAS CA 95035
Swanson Robert H Jr	director, officer: Executive Chair	1630 MCCARTHY BLVD, MILPITAS CA 95035
Lothar Maier	director, officer: CEO	1630 MCCARTHY BLVD, MILPITAS CA 95035