BTHC XV (BTHC XV) Receivables Turnover : 112.78 (As of Dec. 2011)

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What is BTHC XV 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. BTHC XV's Revenue for the six months ended in Dec. 2011 was $11.62 Mil. BTHC XV's average Accounts Receivable for the six months ended in Dec. 2011 was $0.10 Mil. Hence, BTHC XV's Receivables Turnover for the six months ended in Dec. 2011 was 112.78.

BTHC XV Receivables Turnover Historical Data

The historical data trend for BTHC XV'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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BTHC XV Receivables Turnover Chart

BTHC XV Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Receivables Turnover

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247.16

112.78

BTHC XV Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	247.16	112.78

Competitive Comparison of BTHC XV's Receivables Turnover

For the Conglomerates subindustry, BTHC XV'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.

BTHC XV's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BTHC XV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where BTHC XV's Receivables Turnover falls into.

BTHC XV Receivables Turnover Calculation

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

BTHC XV's Receivables Turnover for the fiscal year that ended in Dec. 2011 is calculated as

	Receivables Turnover (A: Dec. 2011 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2011 )	/ (	(Accounts Receivable (A: Dec. 2010 )	+	Accounts Receivable (A: Dec. 2011 ))	/	count )
=	11.616	/ (	(0.037	+	0.169)	/	2 )
=	11.616	/	0.103
=	112.78

BTHC XV's Receivables Turnover for the quarter that ended in Dec. 2011 is calculated as

	Receivables Turnover (Q: Dec. 2011 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2011 )	/ (	(Accounts Receivable (Q: Dec. 2010 )	+	Accounts Receivable (Q: Dec. 2011 ))	/	count )
=	11.616	/ (	(0.037	+	0.169)	/	2 )
=	11.616	/	0.103
=	112.78

BTHC XV (OTCPK:BTXV) 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.

BTHC XV Receivables Turnover Related Terms

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BTHC XV (BTHC XV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BTHC XV Inc (OTCPK:BTXV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Website

Executives

Timothy P Halter	director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226

BTHC XV (BTHC XV) Headlines

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