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Minerco (Minerco) Receivables Turnover : 0.00 (As of Apr. 2017)


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What is Minerco 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. Minerco's Revenue for the three months ended in Apr. 2017 was $0.00 Mil. Minerco's average Accounts Receivable for the three months ended in Apr. 2017 was $0.00 Mil.


Minerco Receivables Turnover Historical Data

The historical data trend for Minerco'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.

Minerco Receivables Turnover Chart

Minerco Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only - - 8.18 - 4.86

Minerco Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 0.49 - - - -

Competitive Comparison of Minerco's Receivables Turnover

For the Farm Products subindustry, Minerco'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.


Minerco's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minerco's Receivables Turnover distribution charts can be found below:

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



Minerco Receivables Turnover Calculation

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

Minerco's Receivables Turnover for the fiscal year that ended in Jul. 2016 is calculated as

Receivables Turnover (A: Jul. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2016 ) / ((Accounts Receivable (A: Jul. 2015 ) + Accounts Receivable (A: Jul. 2016 )) / count )
=0.622 / ((0.128 + 0) / 1 )
=0.622 / 0.128
=4.86

Minerco's Receivables Turnover for the quarter that ended in Apr. 2017 is calculated as

Receivables Turnover (Q: Apr. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Apr. 2017 ) / ((Accounts Receivable (Q: Jan. 2017 ) + Accounts Receivable (Q: Apr. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Minerco  (OTCPK:MINE) 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.


Minerco Receivables Turnover Related Terms

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Minerco (Minerco) Business Description

Traded in Other Exchanges
N/A
Address
60 Knutsford Boulevard, Level 9 PanJam Building 5, Kingston, JAM
Minerco Inc is focused on the research, production, and distribution of psilocybin mushrooms.

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