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ICTV Brands (ICTV Brands) Receivables Turnover : 2.46 (As of Sep. 2018)


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What is ICTV Brands 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. ICTV Brands's Revenue for the three months ended in Sep. 2018 was $5.48 Mil. ICTV Brands's average Accounts Receivable for the three months ended in Sep. 2018 was $2.23 Mil. Hence, ICTV Brands's Receivables Turnover for the three months ended in Sep. 2018 was 2.46.


ICTV Brands Receivables Turnover Historical Data

The historical data trend for ICTV Brands'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.

ICTV Brands Receivables Turnover Chart

ICTV Brands Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.10 37.17 38.55 41.56 15.41

ICTV Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 2.22 2.26 2.57 2.48 2.46

Competitive Comparison of ICTV Brands's Receivables Turnover

For the Specialty Retail subindustry, ICTV Brands'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.


ICTV Brands's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ICTV Brands's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ICTV Brands's Receivables Turnover falls into.



ICTV Brands Receivables Turnover Calculation

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

ICTV Brands's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=31.458 / ((0.506 + 3.576) / 2 )
=31.458 / 2.041
=15.41

ICTV Brands's Receivables Turnover for the quarter that ended in Sep. 2018 is calculated as

Receivables Turnover (Q: Sep. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2018 ) / ((Accounts Receivable (Q: Jun. 2018 ) + Accounts Receivable (Q: Sep. 2018 )) / count )
=5.484 / ((2.243 + 2.208) / 2 )
=5.484 / 2.2255
=2.46

* 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.


ICTV Brands  (GREY:ICTV) 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.


ICTV Brands Receivables Turnover Related Terms

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ICTV Brands (ICTV Brands) Business Description

Traded in Other Exchanges
N/A
Address
489 Devon Park Drive, Suite 306, Wayne, PA, USA, 19087
ICTV Brands Inc is part of the retail industry. It sells various health, wellness and beauty products, as well as miscellaneous consumer products through a range of sales channels. Its channels include direct response television, or DRTV, digital marketing campaigns, live home shopping, traditional retail and e-commerce marketplaces. It develops, markets and sells products through a multi-channel distribution strategy, including DRTV, digital marketing campaigns, which accounts for most of its revenue.

ICTV Brands (ICTV Brands) Headlines

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