BXNG (Bang Holdings) Receivables Turnover: 1.36 (As of Jun. 2018)

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What is Bang Holdings Receivables Turnover?

Bang Holdings BXNG Receivables Turnover is 1.36 as of Jun. 2018.

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. Bang Holdings's Revenue for the three months ended in Jun. 2018 was $0.07 Mil. Bang Holdings's average Accounts Receivable for the three months ended in Jun. 2018 was $0.05 Mil. Hence, Bang Holdings's Receivables Turnover for the three months ended in Jun. 2018 was 1.36.


Bang Holdings  (OTCPK:BXNG) 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.


Bang Holdings Receivables Turnover Related Terms


Bang Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bang 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.

Bang Holdings Receivables Turnover Chart

Bang Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Receivables Turnover
0.00 0.00 0.00 1.85

Bang Holdings Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 1.65 2.14 1.26 0.75 1.36

BXNG vs GLLA, GRTD, VPRB: Receivables Turnover Comparison

For the Advertising Agencies subindustry, Bang 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.


Bang Holdings Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bang Holdings's Receivables Turnover distribution charts can be found below:

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



Bang Holdings Receivables Turnover Calculation

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

Bang Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=0.178 / ((0 + 0.096) / 1 )
=0.178 / 0.096
=1.85

Bang Holdings's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

Receivables Turnover (Q: Jun. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2018 ) / ((Accounts Receivable (Q: Mar. 2018 ) + Accounts Receivable (Q: Jun. 2018 )) / count )
=0.066 / ((0.048 + 0.049) / 2 )
=0.066 / 0.0485
=1.36

* 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 1.36 mean?
Bang Holdings (BXNG) has a Receivables Turnover of 1.36 as of Jun. 2018. 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 Bang Holdings and its competitors.
Is Bang Holdings' Receivables Turnover too high?
Bang Holdings' current Receivables Turnover is 1.36. The Media - Diversified industry median Receivables Turnover is 5.35. Bang Holdings' value of 1.36 is 74.6% below this industry median.
How does Bang Holdings' Receivables Turnover compare to GLLA and GRTD?
Bang Holdings' Receivables Turnover of 1.36 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.35. Bang Holdings' value of 1.36 is 74.6% below 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.35, based on 1,005 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. Bang Holdings's current Receivables Turnover of 1.36 is 74.6% below 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 Bang Holdings and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bang Holdings's current Receivables Turnover is 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bang Holdings stock overvalued right now?
Bang Holdings (BXNG) has a current Receivables Turnover of 1.36. The current Receivables Turnover is 1.36 and 74.6% below the Media - Diversified industry median of 5.35. 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 Bang Holdings (BXNG), the current Receivables Turnover is 1.36 as of Jun. 2018. 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.

Bang Holdings Business Description

Address 1400 North East Miami Gardens Drive, Suite 208, North Miami Beach, FL, USA, 33179
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.