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Aoxing Pharmaceutical Co (Aoxing Pharmaceutical Co) Receivables Turnover : 0.42 (As of Mar. 2017)


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What is Aoxing Pharmaceutical Co Receivables Turnover?

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. Aoxing Pharmaceutical Co's Revenue for the three months ended in Mar. 2017 was $5.70 Mil. Aoxing Pharmaceutical Co's average Accounts Receivable for the three months ended in Mar. 2017 was $13.68 Mil. Hence, Aoxing Pharmaceutical Co's Receivables Turnover for the three months ended in Mar. 2017 was 0.42.


Aoxing Pharmaceutical Co Receivables Turnover Historical Data

The historical data trend for Aoxing Pharmaceutical Co'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.

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Aoxing Pharmaceutical Co Receivables Turnover Chart

Aoxing Pharmaceutical Co Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 3.84 3.78 5.23 3.79

Aoxing Pharmaceutical Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.84 0.87 0.63 0.63 0.42

Competitive Comparison of Aoxing Pharmaceutical Co's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Aoxing Pharmaceutical Co'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.


Aoxing Pharmaceutical Co's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aoxing Pharmaceutical Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aoxing Pharmaceutical Co's Receivables Turnover falls into.



Aoxing Pharmaceutical Co Receivables Turnover Calculation

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

Aoxing Pharmaceutical Co's Receivables Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Receivables Turnover (A: Jun. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2016 ) / ((Accounts Receivable (A: Jun. 2015 ) + Accounts Receivable (A: Jun. 2016 )) / count )
=32.33 / ((5.854 + 11.2) / 2 )
=32.33 / 8.527
=3.79

Aoxing Pharmaceutical Co's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

Receivables Turnover (Q: Mar. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Mar. 2017 )) / count )
=5.702 / ((12.846 + 14.505) / 2 )
=5.702 / 13.6755
=0.42

* 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.


Aoxing Pharmaceutical Co  (OTCPK:AOXG) 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.


Aoxing Pharmaceutical Co Receivables Turnover Related Terms

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Aoxing Pharmaceutical Co (Aoxing Pharmaceutical Co) Business Description

Traded in Other Exchanges
N/A
Address
624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217
Aoxing Pharmaceutical Co Inc is a specialty pharmaceutical company. The company specializes in research, development, manufacturing, and distribution of a variety of narcotic, pain-management, and addiction treatment pharmaceutical products. Aoxing holds approximately 139 drug production certificates covering narcotic pain-management, exclusive prescription medicines, OTC and API products. It derives all its revenue from the People's Republic of China.
Executives
Wilfred Chow officer: Chief Financial Officer 30 WEST STREET, 3B, NEW YORK NY 10004
John P Oshea director C/O WESTMINSTER SECURITIES CORP, 100 WALL ST, 7TH FLOOR, NEW YORK NY 10005
John Leo director, officer: Secretary 80 WALL STREET, 5TH FLOOR, NEW YORK NY 10005

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