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Healthcare Leadersome ETF (TSX:HHL) Receivables Turnover : 0.00 (As of Jun. 2016)


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What is Healthcare Leadersome ETF 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. Healthcare Leadersome ETF's Revenue for the six months ended in Jun. 2016 was C$4.21 Mil. Healthcare Leadersome ETF's average Accounts Receivable for the six months ended in Jun. 2016 was C$0.00 Mil.


Healthcare Leadersome ETF Receivables Turnover Historical Data

The historical data trend for Healthcare Leadersome ETF'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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Healthcare Leadersome ETF Receivables Turnover Chart

Healthcare Leadersome ETF Annual Data
Trend Dec14 Dec15
Receivables Turnover
- -

Healthcare Leadersome ETF Semi-Annual Data
Dec14 Jun15 Dec15 Jun16
Receivables Turnover - - - -

Competitive Comparison of Healthcare Leadersome ETF's Receivables Turnover

For the Asset Management subindustry, Healthcare Leadersome ETF'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.


Healthcare Leadersome ETF's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Healthcare Leadersome ETF's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Healthcare Leadersome ETF's Receivables Turnover falls into.



Healthcare Leadersome ETF Receivables Turnover Calculation

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

Healthcare Leadersome ETF's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=4.951 / ((0 + 0) / 1 )
=4.951 / 0
=N/A

Healthcare Leadersome ETF's Receivables Turnover for the quarter that ended in Jun. 2016 is calculated as

Receivables Turnover (Q: Jun. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2016 ) / ((Accounts Receivable (Q: Dec. 2015 ) + Accounts Receivable (Q: Jun. 2016 )) / count )
=4.206 / ((0 + 0) / 1 )
=4.206 / 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.


Healthcare Leadersome ETF  (TSX:HHL) 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.


Healthcare Leadersome ETF Receivables Turnover Related Terms

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Healthcare Leadersome ETF (TSX:HHL) Business Description

Traded in Other Exchanges
N/A
Address
Healthcare Leaders Income ETF is a closed-end fund. Its investment objectives are to provide unit holders with the opportunity for capital appreciation; monthly cash distributions; and lower overall volatility of portfolio returns.

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