BBHC (TRNX) Receivables Turnover : 1.84 (As of Sep. 2019)

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What is BBHC 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. BBHC's Revenue for the three months ended in Sep. 2019 was $5.32 Mil. BBHC's average Accounts Receivable for the three months ended in Sep. 2019 was $2.90 Mil. Hence, BBHC's Receivables Turnover for the three months ended in Sep. 2019 was 1.84.

BBHC Receivables Turnover Historical Data

The historical data trend for BBHC'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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BBHC Receivables Turnover Chart

BBHC Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Receivables Turnover

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5.19

7.59

8.71

8.93

10.88

BBHC Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Receivables Turnover	Get a 7-Day Free Trial															2.06	2.18	2.44	2.16	1.84

Competitive Comparison of BBHC's Receivables Turnover

For the Oil & Gas Integrated subindustry, BBHC'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.

BBHC's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BBHC's Receivables Turnover distribution charts can be found below:

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

BBHC Receivables Turnover Calculation

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

BBHC's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Receivables Turnover (A: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2018 )	/ (	(Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )
=	9.713	/ (	(0.39	+	1.395)	/	2 )
=	9.713	/	0.8925
=	10.88

BBHC's Receivables Turnover for the quarter that ended in Sep. 2019 is calculated as

	Receivables Turnover (Q: Sep. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2019 )	/ (	(Accounts Receivable (Q: Jun. 2019 )	+	Accounts Receivable (Q: Sep. 2019 ))	/	count )
=	5.319	/ (	(2.783	+	3.007)	/	2 )
=	5.319	/	2.895
=	1.84

BBHC (OTCPK:TRNX) 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.

BBHC Receivables Turnover Related Terms

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BBHC (TRNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BBHC Inc (OTCPK:TRNX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 West Clarendon Avenue, Suite 230, Phoenix, AZ, USA, 85013

Website

http://www.taronistech.com

BBHC Inc, formerly Taronis Technologies Inc owns a patented plasma arc technology that enable two end use applications for fuel generation and water decontamination. The company's fuel technology enables use of hydrocarbon based waste streams to be converted to fossil fuel substitutes.

Executives

Kevin Pollack	director	150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Scott Mahoney	director, officer: CEO, President & Director	4800 NORTH SCOTTSDALE ROAD SUITE 1400 SCOTTSDALE AZ 85251
Dingess, Robert L.	director	150 RAINVILLE ROAD TARPON SPRINGS FL 34689
Tyler B. Wilson	officer: CFO	P.O. BOX 8129 ASPEN CO 81612
Staunton William W Iii	director
Luisa Ingargiola	director	4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Carla Santilli	director	90 EASTWINDS CT., PALM HARBOR FL 34683
Jacques Kerrest	director	7436 OLD MAPLE SQUARE, MCLEAN VA 22102-2817
Ruggero M Santilli	director, 10 percent owner	35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Global Beta, Llc	10 percent owner	150 RAINVILLE ROAD, TARPON SPRINGS FL 34689