Summit Hotel Properties (INN)

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10.09 -0.07  -0.69%   NYSE May 23, 4:59PM BATS Real time Currency in USD

Summit Hotel Properties Receivables Turnover Quarterly

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Summit Hotel Properties Receivables Turnover Quarterly Chart

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Summit Hotel Properties Historical Receivables Turnover Quarterly Data

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March 31, 2013 Go Pro
Dec. 31, 2012 Go Pro
Sept. 30, 2012 Go Pro
June 30, 2012 Go Pro
March 31, 2012 Go Pro
Sept. 30, 2011 Go Pro
   
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March 31, 2011 Go Pro
Dec. 31, 2010 Go Pro
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March 31, 2010 Go Pro

About Receivables Turnover Ratio

The receivable turnover ratio quantifies a company's ability to collect liabilities/debts. It helps investors gauge the efficiency of a company's collection and credit policies.

A high ratio value indicates an efficient and effective credit policy, and a low ratio indicates a debt collection problem.

The way to read the receivables turnover ratio is as follows. Assume that a company has a receivables turnover ratio of 10. We say that "the company turns over its receivables 10 times during the year." In other words, on average the company collects its outstanding receivables 10 times per year.
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