BGEM (Blue Gem Enterprise) Receivables Turnover: 11.50 (As of Aug. 2010)

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What is Blue Gem Enterprise Receivables Turnover?

Blue Gem Enterprise BGEM -98.75% Receivables Turnover is 11.50 as of Aug. 2010.

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. Blue Gem Enterprise's Revenue for the three months ended in Aug. 2010 was $0.72 Mil. Blue Gem Enterprise's average Accounts Receivable for the three months ended in Aug. 2010 was $0.06 Mil. Hence, Blue Gem Enterprise's Receivables Turnover for the three months ended in Aug. 2010 was 11.50.


Blue Gem Enterprise  (OTCPK:BGEM) 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.


Blue Gem Enterprise Receivables Turnover Related Terms


Blue Gem Enterprise Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Blue Gem Enterprise'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.

Blue Gem Enterprise Receivables Turnover Chart

Blue Gem Enterprise Annual Data
Trend May08 May09 May10
Receivables Turnover
0.00 0.00 1.87

Blue Gem Enterprise Quarterly Data
Aug07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.87 11.50

BGEM vs BEVS, MOJO, LBIX: Receivables Turnover Comparison

For the Beverages - Non-Alcoholic subindustry, Blue Gem Enterprise'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.


Blue Gem Enterprise Receivables Turnover vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Blue Gem Enterprise's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Blue Gem Enterprise's Receivables Turnover falls into.



Blue Gem Enterprise Receivables Turnover Calculation

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

Blue Gem Enterprise's Receivables Turnover for the fiscal year that ended in May. 2010 is calculated as

Receivables Turnover (A: May. 2010 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2010 ) / ((Accounts Receivable (A: May. 2009 ) + Accounts Receivable (A: May. 2010 )) / count )
=0.133 / ((0 + 0.071) / 1 )
=0.133 / 0.071
=1.87

Blue Gem Enterprise's Receivables Turnover for the quarter that ended in Aug. 2010 is calculated as

Receivables Turnover (Q: Aug. 2010 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Aug. 2010 ) / ((Accounts Receivable (Q: May. 2010 ) + Accounts Receivable (Q: Aug. 2010 )) / count )
=0.719 / ((0.071 + 0.054) / 2 )
=0.719 / 0.0625
=11.50

* 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 11.50 mean?
Blue Gem Enterprise (BGEM) has a Receivables Turnover of 11.50 as of Aug. 2010. 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 Blue Gem Enterprise and its competitors.
Is Blue Gem Enterprise's Receivables Turnover too high?
Blue Gem Enterprise's current Receivables Turnover is 11.50. The Beverages - Non-Alcoholic industry median Receivables Turnover is 9.07. Blue Gem Enterprise's value of 11.50 is 26.9% above this industry median.
How does Blue Gem Enterprise's Receivables Turnover compare to BEVS and MOJO?
Blue Gem Enterprise's Receivables Turnover of 11.50 can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Receivables Turnover is 9.07. Blue Gem Enterprise's value of 11.50 is 26.9% above 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 Beverages - Non-Alcoholic company?
The median Receivables Turnover among Beverages - Non-Alcoholic companies is 9.07, based on 116 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. Blue Gem Enterprise's current Receivables Turnover of 11.50 is 26.9% above 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 Blue Gem Enterprise and its competitors. For the Beverages - Non-Alcoholic industry, the median Receivables Turnover is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Gem Enterprise's current Receivables Turnover is 11.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Gem Enterprise stock overvalued right now?
Blue Gem Enterprise (BGEM) has a current Receivables Turnover of 11.50. The current Receivables Turnover is 11.50 and 26.9% above the Beverages - Non-Alcoholic industry median of 9.07. 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 Blue Gem Enterprise (BGEM), the current Receivables Turnover is 11.50 as of Aug. 2010. 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.

Blue Gem Enterprise Business Description

Address 12805 N. W. 42 Avenue, Opa-locka, FL, USA, 33054
Blue Gem Enterprise focuses on operating as a full-service direct store beverage distribution company. The company expects to manage and distribute select allied brands with beverage manufacturers. It is competing in all areas of the non-alcoholic beverage industry including; ice teas, juices, waters, shots, carbonated soft drinks, and more.