AAXT (Aamaxan Transport Group) Receivables Turnover: 2.43 (As of Jun. 2008)


What is Aamaxan Transport Group Receivables Turnover?

Aamaxan Transport Group AAXT Receivables Turnover is 2.43 as of Jun. 2008.

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. Aamaxan Transport Group's Revenue for the three months ended in Jun. 2008 was $9.78 Mil. Aamaxan Transport Group's average Accounts Receivable for the three months ended in Jun. 2008 was $3.22 Mil. Hence, Aamaxan Transport Group's Receivables Turnover for the three months ended in Jun. 2008 was 3.04.

Aamaxan Transport Group  (OTCPK:AAXT) 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.

Aamaxan Transport Group Receivables Turnover Related Terms

Aamaxan Transport Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Aamaxan Transport Group'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.

Aamaxan Transport Group Receivables Turnover Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Receivables Turnover
0.00 0.00

Aamaxan Transport Group Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.43

AAXT vs SDON, ASKH, GPLB: Receivables Turnover Comparison

For the Shell Companies subindustry, Aamaxan Transport Group'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.

Aamaxan Transport Group Receivables Turnover vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aamaxan Transport Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aamaxan Transport Group's Receivables Turnover falls into.


Aamaxan Transport Group Receivables Turnover Calculation

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

Aamaxan Transport Group's Receivables Turnover for the fiscal year that ended in Jan. 2007 is calculated as

Receivables Turnover (A: Jan. 2007 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2007 ) / ((Accounts Receivable (A: Jan. 2006 ) + Accounts Receivable (A: Jan. 2007 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Aamaxan Transport Group's Receivables Turnover for the quarter that ended in Jun. 2008 is calculated as

Receivables Turnover (Q: Jun. 2008 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2008 ) / ((Accounts Receivable (Q: Jan. 2008 ) + Accounts Receivable (Q: Jun. 2008 )) / count )
=9.781 / ((2.408 + 4.023) / 2 )
=9.781 / 3.2155
=3.04

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.43 mean?
Aamaxan Transport Group (AAXT) has a Receivables Turnover of 2.43 as of Jun. 2008. The accounts 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. View historical data on Aamaxan Transport Group and its competitors.
Is Aamaxan Transport Group's Receivables Turnover too high?
Aamaxan Transport Group's current Receivables Turnover is 2.43. The Diversified Financial Services industry median Receivables Turnover is 4.96. Aamaxan Transport Group's value of 2.43 is 51% below this industry median.
How does Aamaxan Transport Group's Receivables Turnover compare to SDON and ASKH?
Aamaxan Transport Group's Receivables Turnover of 2.43 can be compared against companies in the Diversified Financial Services industry. The industry median Receivables Turnover is 4.96. Aamaxan Transport Group's value of 2.43 is 51% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Diversified Financial Services company?
The median Receivables Turnover among Diversified Financial Services companies is 4.96, based on 74 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aamaxan Transport Group's current Receivables Turnover of 2.43 is 51% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Aamaxan Transport Group and its competitors. For the Diversified Financial Services industry, the median Receivables Turnover is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aamaxan Transport Group's current Receivables Turnover is 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aamaxan Transport Group stock overvalued right now?
Aamaxan Transport Group (AAXT) has a current Receivables Turnover of 2.43. The current Receivables Turnover is 2.43 and 51% below the Diversified Financial Services industry median of 4.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Aamaxan Transport Group (AAXT), the current Receivables Turnover is 2.43 as of Jun. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aamaxan Transport Group Business Description

Address 31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.