Beamz Interactive (Beamz Interactive) Receivables Turnover : 3.70 (As of Dec. 2014)

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What is Beamz Interactive 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. Beamz Interactive's Revenue for the three months ended in Dec. 2014 was $0.09 Mil. Beamz Interactive's average Accounts Receivable for the three months ended in Dec. 2014 was $0.02 Mil. Hence, Beamz Interactive's Receivables Turnover for the three months ended in Dec. 2014 was 3.70.

Beamz Interactive Receivables Turnover Historical Data

The historical data trend for Beamz Interactive'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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Beamz Interactive Receivables Turnover Chart

Beamz Interactive Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Receivables Turnover

2.75

3.11

11.15

10.37

Beamz Interactive Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Receivables Turnover	Get a 7-Day Free Trial										3.80	1.89	5.16	3.37	3.70

Competitive Comparison of Beamz Interactive's Receivables Turnover

For the Consumer Electronics subindustry, Beamz Interactive'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.

Beamz Interactive's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beamz Interactive's Receivables Turnover distribution charts can be found below:

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

Beamz Interactive Receivables Turnover Calculation

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

Beamz Interactive's Receivables Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Receivables Turnover (A: Jun. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2014 )	/ (	(Accounts Receivable (A: Jun. 2013 )	+	Accounts Receivable (A: Jun. 2014 ))	/	count )
=	0.363	/ (	(0.034	+	0.036)	/	2 )
=	0.363	/	0.035
=	10.37

Beamz Interactive's Receivables Turnover for the quarter that ended in Dec. 2014 is calculated as

	Receivables Turnover (Q: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2014 )	/ (	(Accounts Receivable (Q: Sep. 2014 )	+	Accounts Receivable (Q: Dec. 2014 ))	/	count )
=	0.087	/ (	(0.024	+	0.023)	/	2 )
=	0.087	/	0.0235
=	3.70

Beamz Interactive (OTCPK:BZIC) 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.

Beamz Interactive Receivables Turnover Related Terms

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Beamz Interactive (Beamz Interactive) Business Description

Industry

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Address

15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260

Website

http://www.thebeamz.com

Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.