Bexil (BXLC) Receivables Turnover: 8.06 (As of Dec. 2011)

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BXLC Bexil Corp BXLC
26 GF Score
Price $65.00
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What is Bexil Receivables Turnover?

Bexil BXLC 26 Receivables Turnover is 8.06 as of Dec. 2011. GuruFocus rates BXLC with a GF Score™ of 26/100. Among 528 Asset Management companies, Bexil ranks worse than 189393.75% on this metric.

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. Bexil's Revenue for the six months ended in Dec. 2011 was $0.86 Mil. Bexil's average Accounts Receivable for the six months ended in Dec. 2011 was $0.11 Mil. Hence, Bexil's Receivables Turnover for the six months ended in Dec. 2011 was 8.06.


Bexil  (OTCPK:BXLC) 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.


Bexil Receivables Turnover Related Terms


Bexil Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bexil'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.

Bexil Receivables Turnover Chart

Bexil Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 8.06

Bexil Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Receivables Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 8.06

BXLC vs NOM, TETAA, CIF: Receivables Turnover Comparison

For the Asset Management subindustry, Bexil'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.


Bexil Receivables Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bexil's Receivables Turnover distribution charts can be found below:

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


BXLC
26GF Score
Bexil Corp BXLC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bexil Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2011 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2011 ) / ((Accounts Receivable (A: Dec. 2010 ) + Accounts Receivable (A: Dec. 2011 )) / count )
=0.862 / ((0 + 0.107) / 1 )
=0.862 / 0.107
=8.06

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

Receivables Turnover (Q: Dec. 2011 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2011 ) / ((Accounts Receivable (Q: Dec. 2010 ) + Accounts Receivable (Q: Dec. 2011 )) / count )
=0.862 / ((0 + 0.107) / 1 )
=0.862 / 0.107
=8.06

* 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 8.06 mean?
Bexil (BXLC) has a Receivables Turnover of 8.06 as of Dec. 2011. 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 Bexil and its competitors. According to the industry distribution chart, Bexil ranks #999999 out of 528 companies in the Asset Management industry.
Is Bexil's Receivables Turnover too high?
Bexil's current Receivables Turnover is 8.06. The Asset Management industry median Receivables Turnover is 7.93. Bexil's value of 8.06 is 1.7% above this industry median. Based on the distribution chart, Bexil ranks #999999 out of 528 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bexil has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Bexil's Receivables Turnover compare to NOM and TETAA?
According to the Asset Management industry distribution chart, Bexil ranks #999999 out of 528 companies for Receivables Turnover. This places Bexil in the lower half of its industry. The industry median Receivables Turnover is 7.93. Bexil's value of 8.06 is 1.7% 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 an Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.93, based on 528 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. Bexil's current Receivables Turnover of 8.06 is 1.7% 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 Bexil and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bexil's current Receivables Turnover is 8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bexil stock overvalued right now?
Bexil (BXLC) has a current Receivables Turnover of 8.06. The current Receivables Turnover is 8.06 and 1.7% above the Asset Management industry median of 7.93. Bexil's overall GF Score™ is 26/100. 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 Bexil (BXLC), the current Receivables Turnover is 8.06 as of Dec. 2011. 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.

Bexil Business Description

Address P.O. Box 4, Walpole, NH, USA, 03608
Bexil Corp is engaged in investment management with an objective to increase book value per share over time for the benefit of its stockholders. The company is engaged through a wholly owned subsidiary in investment management.
26GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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