ACTL (Artec Global Media) Receivables Turnover: 24.22 (As of Apr. 2016)


What is Artec Global Media Receivables Turnover?

Artec Global Media ACTL -98.00% Receivables Turnover is 24.22 as of Apr. 2016.

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. Artec Global Media's Revenue for the three months ended in Apr. 2016 was $0.22 Mil. Artec Global Media's average Accounts Receivable for the three months ended in Apr. 2016 was $0.01 Mil. Hence, Artec Global Media's Receivables Turnover for the three months ended in Apr. 2016 was 24.22.

Artec Global Media  (OTCPK:ACTL) 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.

Artec Global Media Receivables Turnover Related Terms

Artec Global Media Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Artec Global 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.

Artec Global Media Receivables Turnover Chart

Artec Global Media Annual Data
Trend Jan13 Jan14 Jan15 Jan16
Receivables Turnover
0.00 0.00 17.56 48.72

Artec Global Media Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 8.77 6.78 66.00 23.78 24.22

ACTL vs BCYP, MBIOF, LOGX: Receivables Turnover Comparison

For the Advertising Agencies subindustry, Artec Global 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.

Artec Global Media Receivables Turnover vs Media - Diversified Industry

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

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


Artec Global Media Receivables Turnover Calculation

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

Artec Global Media's Receivables Turnover for the fiscal year that ended in Jan. 2016 is calculated as

Receivables Turnover (A: Jan. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2016 ) / ((Accounts Receivable (A: Jan. 2015 ) + Accounts Receivable (A: Jan. 2016 )) / count )
=0.609 / ((0.016 + 0.009) / 2 )
=0.609 / 0.0125
=48.72

Artec Global Media's Receivables Turnover for the quarter that ended in Apr. 2016 is calculated as

Receivables Turnover (Q: Apr. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2016 ) / ((Accounts Receivable (Q: Jan. 2016 ) + Accounts Receivable (Q: Apr. 2016 )) / count )
=0.218 / ((0.009 + 0) / 1 )
=0.218 / 0.009
=24.22

* 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 24.22 mean?
Artec Global Media (ACTL) has a Receivables Turnover of 24.22 as of Apr. 2016. 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 Artec Global Media and its competitors.
Is Artec Global Media's Receivables Turnover too high?
Artec Global Media's current Receivables Turnover is 24.22. The Media - Diversified industry median Receivables Turnover is 5.33. Artec Global Media's value of 24.22 is 354.4% above this industry median.
How does Artec Global Media's Receivables Turnover compare to BCYP and MBIOF?
Artec Global Media's Receivables Turnover of 24.22 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.33. Artec Global Media's value of 24.22 is 354.4% above 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.33, based on 1,011 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. Artec Global Media's current Receivables Turnover of 24.22 is 354.4% above 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 Artec Global Media and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artec Global Media's current Receivables Turnover is 24.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artec Global Media stock overvalued right now?
Artec Global Media (ACTL) has a current Receivables Turnover of 24.22. The current Receivables Turnover is 24.22 and 354.4% above the Media - Diversified industry median of 5.33. 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 Artec Global Media (ACTL), the current Receivables Turnover is 24.22 as of Apr. 2016. 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.

Artec Global Media Business Description

Address 1000 East William Street, Suite 204, Carson City, NV, USA, 89701
Artec Global Media Inc is a US-based digital and mainstream marketing firm. It provides online marketing and reporting solutions to companies. It sells its marketing products based on a consultative approach to discover customer needs and build pricing and packages. It offers lead generation, performance media marketing, and affiliate marketing, as well as other related web services and consultation. The group generates revenue by providing marketing and advertising solutions for clients through direct sales and online marketing platform.