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VisionChina Media (VisionChina Media) Receivables Turnover : 0.62 (As of Sep. 2016)


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What is VisionChina Media 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. VisionChina Media's Revenue for the three months ended in Sep. 2016 was $12.79 Mil. VisionChina Media's average Accounts Receivable for the three months ended in Sep. 2016 was $20.79 Mil. Hence, VisionChina Media's Receivables Turnover for the three months ended in Sep. 2016 was 0.62.


VisionChina Media Receivables Turnover Historical Data

The historical data trend for VisionChina Media'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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VisionChina Media Receivables Turnover Chart

VisionChina Media Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 2.25 1.43 1.85 2.59

VisionChina Media Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Sep16
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 0.40 0.60 0.31 0.37 0.62

Competitive Comparison of VisionChina Media's Receivables Turnover

For the Advertising Agencies subindustry, VisionChina Media'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.


VisionChina Media's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VisionChina Media's Receivables Turnover distribution charts can be found below:

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



VisionChina Media Receivables Turnover Calculation

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

VisionChina Media'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 )
=41.464 / ((17.987 + 14.02) / 2 )
=41.464 / 16.0035
=2.59

VisionChina Media's Receivables Turnover for the quarter that ended in Sep. 2016 is calculated as

Receivables Turnover (Q: Sep. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2016 ) / ((Accounts Receivable (Q: Dec. 2015 ) + Accounts Receivable (Q: Sep. 2016 )) / count )
=12.791 / ((14.02 + 27.566) / 2 )
=12.791 / 20.793
=0.62

* 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.


VisionChina Media  (NAS:VISN) 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.


VisionChina Media Receivables Turnover Related Terms

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VisionChina Media (VisionChina Media) Business Description

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Address
VisionChina operates a real-time advertising network through mobile digital TV displays in mass transportation systems in affluent Chinese cities. The company partners with local mobile and subway TVs either through long-term exclusive agency agreements or joint ventures to offer nationwide advertising services for advertisers. Its advertising network currently covers bus systems in 16 Tier 1 and Tier 2 cities as well as subway systems in three Tier 1 cities.

VisionChina Media (VisionChina Media) Headlines

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