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Manaris 2010 (Manaris 2010) Receivables Turnover : 1.32 (As of Mar. 2009)


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What is Manaris 2010 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. Manaris 2010's Revenue for the three months ended in Mar. 2009 was $5.41 Mil. Manaris 2010's average Accounts Receivable for the three months ended in Mar. 2009 was $4.09 Mil. Hence, Manaris 2010's Receivables Turnover for the three months ended in Mar. 2009 was 1.32.


Manaris 2010 Receivables Turnover Historical Data

The historical data trend for Manaris 2010'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.

Manaris 2010 Receivables Turnover Chart

Manaris 2010 Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Receivables Turnover
Get a 7-Day Free Trial 4.39 3.56 4.30 4.84 4.88

Manaris 2010 Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 1.41 1.10 1.12 1.32

Competitive Comparison of Manaris 2010's Receivables Turnover

For the Shell Companies subindustry, Manaris 2010'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.


Manaris 2010's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Manaris 2010's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Manaris 2010's Receivables Turnover falls into.



Manaris 2010 Receivables Turnover Calculation

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

Manaris 2010's Receivables Turnover for the fiscal year that ended in Jun. 2008 is calculated as

Receivables Turnover (A: Jun. 2008 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2008 ) / ((Accounts Receivable (A: Jun. 2007 ) + Accounts Receivable (A: Jun. 2008 )) / count )
=21.603 / ((3.739 + 5.121) / 2 )
=21.603 / 4.43
=4.88

Manaris 2010's Receivables Turnover for the quarter that ended in Mar. 2009 is calculated as

Receivables Turnover (Q: Mar. 2009 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2009 ) / ((Accounts Receivable (Q: Dec. 2008 ) + Accounts Receivable (Q: Mar. 2009 )) / count )
=5.41 / ((4.36 + 3.819) / 2 )
=5.41 / 4.0895
=1.32

* 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.


Manaris 2010  (OTCPK:AVNY) 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.


Manaris 2010 Receivables Turnover Related Terms

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Manaris 2010 (Manaris 2010) Business Description

Traded in Other Exchanges
N/A
Address
400 Montpellier Boulevard, Montreal, QC, CAN, H4N 2G7
Website
Manaris 2010 Corp is a shell company with no operations.
Executives
Cherry Lim director 740, ST-MAURICE STREET, SUITE 102, MONTREAL A8 H3C 1L5

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