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. Bankrate's Revenue for the
three
months ended in Jun. 2017 was $115.9 Mil. Bankrate's average Accounts Receivable for the
three
months ended in Jun. 2017 was $58.7 Mil.
Hence, Bankrate's Receivables Turnover for the
three
months ended in Jun. 2017 was 1.98.
Bankrate Receivables Turnover Historical Data
The historical data trend for Bankrate'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.
Competitive Comparison of Bankrate's Receivables Turnover
For the Internet Content & Information subindustry, Bankrate'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.
Bankrate's Receivables Turnover Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Bankrate's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Bankrate's Receivables Turnover falls into.
Bankrate Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Bankrate's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as
* 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.
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.
Bankrate Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Bankrate's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Bankrate Inc was founded in 1976 and Bankrate, Inc. was incorporated in the State of Delaware in 2011. The Company owns and operates an Internet-based consumer banking, personal finance and senior care online network. Its flagship websites include CreditCards.com, Bankrate.com, and Caring.com which provides information on more than 300 financial and senior care products and services, including credit cards, mortgages, deposits, and other personal finance categories. Additionally, it provide financial applications and information to a network of distribution partners and through national and state publications. It has three reportable segments including Credit cards, Banking, Senior Care and other.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RATE has been successfully added to your 