Magor (TSXV:MCC.H) Receivables Turnover : 1.41 (As of Jul. 2016)

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What is Magor 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. Magor's Revenue for the three months ended in Jul. 2016 was C$0.16 Mil. Magor's average Accounts Receivable for the three months ended in Jul. 2016 was C$0.12 Mil. Hence, Magor's Receivables Turnover for the three months ended in Jul. 2016 was 1.41.

Magor Receivables Turnover Historical Data

The historical data trend for Magor'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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Magor Receivables Turnover Chart

Magor Annual Data

Trend

Mar10

Mar11

Mar12

Apr13

Apr14

Apr15

Apr16

Receivables Turnover

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2.60

2.61

2.54

3.17

Magor Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16
Receivables Turnover	Get a 7-Day Free Trial															0.20	0.58	0.87	3.97	1.41

Competitive Comparison of Magor's Receivables Turnover

For the Software - Application subindustry, Magor'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.

Magor's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Magor's Receivables Turnover distribution charts can be found below:

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

Magor Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Apr. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2016 )	/ (	(Accounts Receivable (A: Apr. 2015 )	+	Accounts Receivable (A: Apr. 2016 ))	/	count )
=	1.765	/ (	(0.969	+	0.144)	/	2 )
=	1.765	/	0.5565
=	3.17

Magor's Receivables Turnover for the quarter that ended in Jul. 2016 is calculated as

	Receivables Turnover (Q: Jul. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jul. 2016 )	/ (	(Accounts Receivable (Q: Apr. 2016 )	+	Accounts Receivable (Q: Jul. 2016 ))	/	count )
=	0.164	/ (	(0.144	+	0.088)	/	2 )
=	0.164	/	0.116
=	1.41

Magor (TSXV:MCC.H) 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.

Magor Receivables Turnover Related Terms

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Magor (TSXV:MCC.H) Business Description

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Address

350 Terry Fox Drive, Suite 100, Ottawa, ON, CAN, K2K 2W5

Website

http://www.magorcorp.com

Magor Corp is engaged in design, development, and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market. The company provide service as Aerus, is an evolution of its platform to the cloud in delivering video interactions to the enterprise as a service with the capabilities needed to fulfill the promise of new modes for productivity. The Aerus service delivery platform and Aerus technology bring together the benefits of distributed networking and cloud computing to deliver services for high-quality video interactions that support any workflow. The company derives most of its revenue from the sale of hardware and equipment.

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