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AVEW Holdings (AVEW Holdings) Receivables Turnover : 3.00 (As of Sep. 2008)


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What is AVEW Holdings 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. AVEW Holdings's Revenue for the three months ended in Sep. 2008 was $0.01 Mil. AVEW Holdings's average Accounts Receivable for the three months ended in Sep. 2008 was $0.00 Mil. Hence, AVEW Holdings's Receivables Turnover for the three months ended in Sep. 2008 was 3.00.


AVEW Holdings Receivables Turnover Historical Data

The historical data trend for AVEW Holdings'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.

* Premium members only.

AVEW Holdings Receivables Turnover Chart

AVEW Holdings Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 2.32 3.61 5.61 1.99

AVEW Holdings Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 1.43 0.47 0.23 1.26 3.00

Competitive Comparison of AVEW Holdings's Receivables Turnover

For the Luxury Goods subindustry, AVEW Holdings'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.


AVEW Holdings's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AVEW Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AVEW Holdings's Receivables Turnover falls into.



AVEW Holdings Receivables Turnover Calculation

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

AVEW Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2007 is calculated as

Receivables Turnover (A: Dec. 2007 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2007 ) / ((Accounts Receivable (A: Dec. 2006 ) + Accounts Receivable (A: Dec. 2007 )) / count )
=0.137 / ((0.011 + 0.127) / 2 )
=0.137 / 0.069
=1.99

AVEW Holdings's Receivables Turnover for the quarter that ended in Sep. 2008 is calculated as

Receivables Turnover (Q: Sep. 2008 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2008 ) / ((Accounts Receivable (Q: Jun. 2008 ) + Accounts Receivable (Q: Sep. 2008 )) / count )
=0.006 / ((0.002 + 0) / 1 )
=0.006 / 0.002
=3.00

* 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.


AVEW Holdings  (OTCPK:AVEW) 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.


AVEW Holdings Receivables Turnover Related Terms

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AVEW Holdings (AVEW Holdings) Business Description

Traded in Other Exchanges
N/A
Address
13359 N. Highway 183, No. 406-1052, Austin, TX, USA, 478750
AVEW Holdings Inc is a precious metal dealer in retail, wholesale and a precious metal recovery operation. It also is a precious metal recovery operator and is exploring other viable market sectors. It has opened metal dealer retail store Cedar Park, Texas.

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