Taomee Holdings (Taomee Holdings) Receivables Turnover : 3.22 (As of Sep. 2015)

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What is Taomee Holdings 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. Taomee Holdings's Revenue for the three months ended in Sep. 2015 was $10.28 Mil. Taomee Holdings's average Accounts Receivable for the three months ended in Sep. 2015 was $3.19 Mil. Hence, Taomee Holdings's Receivables Turnover for the three months ended in Sep. 2015 was 3.22.

Taomee Holdings Receivables Turnover Historical Data

The historical data trend for Taomee Holdings'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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Taomee Holdings Receivables Turnover Chart

Taomee Holdings Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Receivables Turnover

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57.23

46.68

21.20

20.32

17.27

Taomee Holdings Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Receivables Turnover	Get a 7-Day Free Trial															5.24	3.31	2.97	2.68	3.22

Competitive Comparison of Taomee Holdings's Receivables Turnover

For the Internet Content & Information subindustry, Taomee Holdings'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.

Taomee Holdings's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Taomee Holdings's Receivables Turnover distribution charts can be found below:

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

Taomee Holdings Receivables Turnover Calculation

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

Taomee Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Receivables Turnover (A: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2014 )	/ (	(Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )
=	42.189	/ (	(2.388	+	2.499)	/	2 )
=	42.189	/	2.4435
=	17.27

Taomee Holdings's Receivables Turnover for the quarter that ended in Sep. 2015 is calculated as

	Receivables Turnover (Q: Sep. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2015 )	/ (	(Accounts Receivable (Q: Jun. 2015 )	+	Accounts Receivable (Q: Sep. 2015 ))	/	count )
=	10.284	/ (	(3.124	+	3.26)	/	2 )
=	10.284	/	3.192
=	3.22

Taomee Holdings (NYSE:TAOM) 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.

Taomee Holdings Receivables Turnover Related Terms

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Taomee Holdings (Taomee Holdings) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.taomee.com

Taomee Holdings Limited, was incorporated under the laws of the Cayman Islands in September 2008. It is a children's entertainment and media company in China. The Company provides a diverse portfolio of services and products through two business segments: online business, and offline business. The online business includes developing and operating online virtual worlds, other online entertainment services as well as mobile applications. Its offline business focuses on merchandise licensing, publishing, design and distribution of interactive toys, as well as the development of media and entertainment products, such as films, and self-branded TV shows. The Company develops and popularize children's books and magazines featuring its franchises and characters in conjunction with third-party publishers. The Company license its franchises to the brands in China, such as "Bright Dairy" and "China Citic Bank" and other consumer goods makers in categories such as apparel, toys, accessories, stationery, consumer electronics, and food and beverages. Its products may also offer promotional and interactive features that allow its customers to explore and interactive with the online platform. The Company's competitors includes Tencent Holdings Limited, or Tencent, the developer of Roco Kingdom and Guangzhou Baitian Information Technology Ltd., the developer of Aola Star and Aobi Island, Guangdong Alpha Animation and Culture Co., Ltd. The Company also attends animation and toy exhibitions and expos, such as the Chinajoy Digital Entertainment Expo and Conference that usually attract a large number of children and their parents to reach more potential users.

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