Jade Art Group (Jade Art Group) Receivables Turnover : 0.34 (As of Sep. 2010)

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What is Jade Art Group 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. Jade Art Group's Revenue for the three months ended in Sep. 2010 was $2.33 Mil. Jade Art Group's average Accounts Receivable for the three months ended in Sep. 2010 was $6.83 Mil. Hence, Jade Art Group's Receivables Turnover for the three months ended in Sep. 2010 was 0.34.

Jade Art Group Receivables Turnover Historical Data

The historical data trend for Jade Art Group'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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Jade Art Group Receivables Turnover Chart

Jade Art Group Annual Data

Trend

Jul06

Jul07

Dec08

Dec09

Receivables Turnover

20.40

5.63

Jade Art Group Quarterly Data
	Oct06	Jan07	Apr07	Jul07	Oct07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Receivables Turnover	Get a 7-Day Free Trial											1.88	0.97	0.88	0.43	0.34

Competitive Comparison of Jade Art Group's Receivables Turnover

For the Shell Companies subindustry, Jade Art Group'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.

Jade Art Group's Receivables Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Jade Art Group's Receivables Turnover falls into.

Jade Art Group Receivables Turnover Calculation

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

Jade Art Group's Receivables Turnover for the fiscal year that ended in Dec. 2009 is calculated as

	Receivables Turnover (A: Dec. 2009 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2009 )	/ (	(Accounts Receivable (A: Dec. 2008 )	+	Accounts Receivable (A: Dec. 2009 ))	/	count )
=	25.31	/ (	(1.497	+	7.502)	/	2 )
=	25.31	/	4.4995
=	5.63

Jade Art Group's Receivables Turnover for the quarter that ended in Sep. 2010 is calculated as

	Receivables Turnover (Q: Sep. 2010 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2010 )	/ (	(Accounts Receivable (Q: Jun. 2010 )	+	Accounts Receivable (Q: Sep. 2010 ))	/	count )
=	2.331	/ (	(6.833	+	0)	/	1 )
=	2.331	/	6.833
=	0.34

Jade Art Group (OTCPK:JADA) 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.

Jade Art Group Receivables Turnover Related Terms

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Jade Art Group (Jade Art Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jade Art Group Inc (OTCPK:JADA) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

1028 Highland Lakes Trace, Birmingham, AL, USA, 35242

Website

http://jadagrp.com

Jade Art Group Inc is a development stage company.

Executives

Hui Ping Cheng

director, officer: President

C/O MY QUOTE ZONE, 6130 ELTON AVENUE, LAS VEGAS NV 89107

Jade Art Group (Jade Art Group) Headlines

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