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Biolife Sciences (Biolife Sciences) Receivables Turnover : 11.71 (As of May. 2008)


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What is Biolife Sciences 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. Biolife Sciences's Revenue for the three months ended in May. 2008 was $1.80 Mil. Biolife Sciences's average Accounts Receivable for the three months ended in May. 2008 was $0.15 Mil. Hence, Biolife Sciences's Receivables Turnover for the three months ended in May. 2008 was 11.71.


Biolife Sciences Receivables Turnover Historical Data

The historical data trend for Biolife Sciences'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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Biolife Sciences Receivables Turnover Chart

Biolife Sciences Annual Data
Trend Nov04 Nov05 Nov06 Nov07
Receivables Turnover
- 0.30 38.55 36.61

Biolife Sciences Quarterly Data
Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
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 9.55 11.14 15.45 9.27 11.71

Competitive Comparison of Biolife Sciences's Receivables Turnover

For the Medical Instruments & Supplies subindustry, Biolife Sciences'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.


Biolife Sciences's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Biolife Sciences's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Biolife Sciences's Receivables Turnover falls into.



Biolife Sciences Receivables Turnover Calculation

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

Biolife Sciences's Receivables Turnover for the fiscal year that ended in Nov. 2007 is calculated as

Receivables Turnover (A: Nov. 2007 )
=Revenue / Average Total Inventories
=Revenue (A: Nov. 2007 ) / ((Accounts Receivable (A: Nov. 2006 ) + Accounts Receivable (A: Nov. 2007 )) / count )
=8.603 / ((0.315 + 0.155) / 2 )
=8.603 / 0.235
=36.61

Biolife Sciences's Receivables Turnover for the quarter that ended in May. 2008 is calculated as

Receivables Turnover (Q: May. 2008 )
=Revenue / Average Total Inventories
=Revenue (Q: May. 2008 ) / ((Accounts Receivable (Q: Feb. 2008 ) + Accounts Receivable (Q: May. 2008 )) / count )
=1.798 / ((0.164 + 0.143) / 2 )
=1.798 / 0.1535
=11.71

* 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.


Biolife Sciences  (OTCPK:BLFE) 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.


Biolife Sciences Receivables Turnover Related Terms

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Biolife Sciences (Biolife Sciences) Business Description

Traded in Other Exchanges
N/A
Address
2831 Street Rose Parkway, No. 200, Henderson, NV, USA, 89052
Biolife Sciences Inc is a commercialization accelerator, licensor and developer of innovative and disruptive technologies for the healthcare, beauty and food and beverage industry sectors. The company's technologies include antimicrobial copper air filters and copper-infused textiles. Its revenues are primarily generated from the sale of sanitation products.
Executives
Arthur Viola director, 10 percent owner, officer: CEO

Biolife Sciences (Biolife Sciences) Headlines

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