AMCT (American Education Center) Receivables Turnover: 0.61 (As of Jun. 2021)


What is American Education Center Receivables Turnover?

American Education Center AMCT Receivables Turnover is 0.61 as of Jun. 2021.

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 Education Center's Revenue for the three months ended in Jun. 2021 was $0.06 Mil. American Education Center's average Accounts Receivable for the three months ended in Jun. 2021 was $0.11 Mil. Hence, American Education Center's Receivables Turnover for the three months ended in Jun. 2021 was 0.61.


American Education Center  (OTCPK:AMCT) 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 Education Center Receivables Turnover Related Terms


American Education Center Receivables Turnover Historical Data

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The historical data trend for American Education Center'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 Education Center Receivables Turnover Chart

American Education Center Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial 6.83 5.51 1.49 1.84 0.23

American Education Center Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.08 0.00 0.17 0.09 0.61

AMCT vs MSYN, QPRC, AMMJ: Receivables Turnover Comparison

For the Consulting Services subindustry, American Education Center'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 Education Center Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, American Education Center's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where American Education Center's Receivables Turnover falls into.



American Education Center Receivables Turnover Calculation

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

American Education Center's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=0.342 / ((2.874 + 0.142) / 2 )
=0.342 / 1.508
=0.23

American Education Center's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

Receivables Turnover (Q: Jun. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2021 ) / ((Accounts Receivable (Q: Mar. 2021 ) + Accounts Receivable (Q: Jun. 2021 )) / count )
=0.064 / ((0.137 + 0.073) / 2 )
=0.064 / 0.105
=0.61

* 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 0.61 mean?
American Education Center (AMCT) has a Receivables Turnover of 0.61 as of Jun. 2021. 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 Education Center and its competitors.
Is American Education Center's Receivables Turnover too high?
American Education Center's current Receivables Turnover is 0.61. The Business Services industry median Receivables Turnover is 6.19. American Education Center's value of 0.61 is 90.1% below this industry median.
How does American Education Center's Receivables Turnover compare to MSYN and QPRC?
American Education Center's Receivables Turnover of 0.61 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.19. American Education Center's value of 0.61 is 90.1% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.19, based on 1,063 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 Education Center's current Receivables Turnover of 0.61 is 90.1% 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 Education Center and its competitors. For the Business Services industry, the median Receivables Turnover is 6.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Education Center's current Receivables Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Education Center stock overvalued right now?
American Education Center (AMCT) has a current Receivables Turnover of 0.61. The current Receivables Turnover is 0.61 and 90.1% below the Business Services industry median of 6.19. 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 Education Center (AMCT), the current Receivables Turnover is 0.61 as of Jun. 2021. 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 Education Center Business Description

Address 630 Fifth Avenue, Suite 2338, New York, NY, USA, 10111
American Education Center Inc is a United States-based company engaged in the provision of consulting services. Its Consulting services include Placement Advisory Services, Career Advisory Services, Student & Family Advisory Services, and Other Advisory Services. The company operates in two segments: the AEC New York segment and the AEC BVI segment. The majority of the revenue is generated from the AEC New York segment, which caters to middle-class families in China for quality education and work experiences in the United States and delivers customized high school and college placement and career advisory services to Chinese students wishing to study in the USA.