AEDC (American Energy Development) Receivables Turnover: 3.29 (As of Sep. 2013)

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What is American Energy Development Receivables Turnover?

American Energy Development AEDC -99.95% Receivables Turnover is 3.29 as of Sep. 2013.

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. American Energy Development's Revenue for the three months ended in Sep. 2013 was $0.05 Mil. American Energy Development's average Accounts Receivable for the three months ended in Sep. 2013 was $0.01 Mil. Hence, American Energy Development's Receivables Turnover for the three months ended in Sep. 2013 was 3.29.

American Energy Development  (OTCPK:AEDC) 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.

American Energy Development Receivables Turnover Related Terms

American Energy Development Receivables Turnover Historical Data

* Premium members only.

The historical data trend for American Energy Development'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.

American Energy Development Receivables Turnover Chart

American Energy Development Annual Data
Trend Jun11 Jun12 Jun13
Receivables Turnover
0.00 9.89 18.55

American Energy Development Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.89 4.00 4.08 3.08 3.29

AEDC vs BRZV, CWLXF, UNIGF: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, American Energy Development'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.

American Energy Development Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, American Energy Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where American Energy Development's Receivables Turnover falls into.


American Energy Development Receivables Turnover Calculation

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

American Energy Development's Receivables Turnover for the fiscal year that ended in Jun. 2013 is calculated as

Receivables Turnover (A: Jun. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2013 ) / ((Accounts Receivable (A: Jun. 2012 ) + Accounts Receivable (A: Jun. 2013 )) / count )
=0.204 / ((0.009 + 0.013) / 2 )
=0.204 / 0.011
=18.55

American Energy Development's Receivables Turnover for the quarter that ended in Sep. 2013 is calculated as

Receivables Turnover (Q: Sep. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2013 ) / ((Accounts Receivable (Q: Jun. 2013 ) + Accounts Receivable (Q: Sep. 2013 )) / count )
=0.046 / ((0.013 + 0.015) / 2 )
=0.046 / 0.014
=3.29

* 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 3.29 mean?
American Energy Development (AEDC) has a Receivables Turnover of 3.29 as of Sep. 2013. 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 American Energy Development and its competitors.
Is American Energy Development's Receivables Turnover too high?
American Energy Development's current Receivables Turnover is 3.29. The Oil & Gas industry median Receivables Turnover is 7.98. American Energy Development's value of 3.29 is 58.8% below this industry median.
How does American Energy Development's Receivables Turnover compare to BRZV and CWLXF?
American Energy Development's Receivables Turnover of 3.29 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. American Energy Development's value of 3.29 is 58.8% 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 an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.98, based on 893 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. American Energy Development's current Receivables Turnover of 3.29 is 58.8% 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 American Energy Development and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Energy Development's current Receivables Turnover is 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Energy Development stock overvalued right now?
American Energy Development (AEDC) has a current Receivables Turnover of 3.29. The current Receivables Turnover is 3.29 and 58.8% below the Oil & Gas industry median of 7.98. 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 American Energy Development (AEDC), the current Receivables Turnover is 3.29 as of Sep. 2013. 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.

American Energy Development Business Description

Industry EnergyOil & Gas
Address 1230 Avenue of the Americas, 7th Floor, New York, NY, USA, 10020
American Energy Development Corp is an independent USA energy company. It intends to locate, drill, and produce oil and gas in the USA and secure regions. The company is focused on the development of Niagaran oil reefs in Michigan and the underexplored onshore basins in the UK.