AMXX (Maxx Sports TV) Receivables Turnover: 2.36 (As of Jun. 2003)

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What is Maxx Sports TV Receivables Turnover?

Maxx Sports TV AMXX -99.50% Receivables Turnover is 2.36 as of Jun. 2003.

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. Maxx Sports TV's Revenue for the three months ended in Jun. 2003 was $3.34 Mil. Maxx Sports TV's average Accounts Receivable for the three months ended in Jun. 2003 was $1.42 Mil. Hence, Maxx Sports TV's Receivables Turnover for the three months ended in Jun. 2003 was 2.36.


Maxx Sports TV  (OTCPK:AMXX) 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.


Maxx Sports TV Receivables Turnover Related Terms


Maxx Sports TV Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Maxx Sports TV'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.

Maxx Sports TV Receivables Turnover Chart

Maxx Sports TV Annual Data
Trend Mar93 Mar94 Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.77 8.32 5.84 8.74 9.00

Maxx Sports TV Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 3.02 2.18 2.60 1.98 2.36

AMXX vs BOXS, VEND, PMTS: Receivables Turnover Comparison

For the Entertainment subindustry, Maxx Sports TV'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.


Maxx Sports TV Receivables Turnover vs Media - Diversified Industry

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

* The bar in red indicates where Maxx Sports TV's Receivables Turnover falls into.



Maxx Sports TV Receivables Turnover Calculation

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

Maxx Sports TV's Receivables Turnover for the fiscal year that ended in Mar. 2002 is calculated as

Receivables Turnover (A: Mar. 2002 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2002 ) / ((Accounts Receivable (A: Mar. 2001 ) + Accounts Receivable (A: Mar. 2002 )) / count )
=8.33 / ((1.227 + 0.625) / 2 )
=8.33 / 0.926
=9.00

Maxx Sports TV's Receivables Turnover for the quarter that ended in Jun. 2003 is calculated as

Receivables Turnover (Q: Jun. 2003 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2003 ) / ((Accounts Receivable (Q: Mar. 2003 ) + Accounts Receivable (Q: Jun. 2003 )) / count )
=3.338 / ((1.349 + 1.483) / 2 )
=3.338 / 1.416
=2.36

* 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 2.36 mean?
Maxx Sports TV (AMXX) has a Receivables Turnover of 2.36 as of Jun. 2003. 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 Maxx Sports TV and its competitors.
Is Maxx Sports TV's Receivables Turnover too high?
Maxx Sports TV's current Receivables Turnover is 2.36. The Media - Diversified industry median Receivables Turnover is 5.33. Maxx Sports TV's value of 2.36 is 55.7% below this industry median.
How does Maxx Sports TV's Receivables Turnover compare to BOXS and VEND?
Maxx Sports TV's Receivables Turnover of 2.36 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.33. Maxx Sports TV's value of 2.36 is 55.7% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.33, based on 1,004 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. Maxx Sports TV's current Receivables Turnover of 2.36 is 55.7% 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 Maxx Sports TV 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. Maxx Sports TV's current Receivables Turnover is 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxx Sports TV stock overvalued right now?
Maxx Sports TV (AMXX) has a current Receivables Turnover of 2.36. The current Receivables Turnover is 2.36 and 55.7% below 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 Maxx Sports TV (AMXX), the current Receivables Turnover is 2.36 as of Jun. 2003. 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.

Maxx Sports TV Business Description

Address 3500 Elgin Street, Houston, TX, USA, 77004
Maxx Sports TV Inc is a technology development and content creation company. It has created automated broadcast hardware and software that have been used by amateur, semi-professional, and professional sports teams and leagues to produce and stream multi-camera television-quality content.