Clone Algo Technologies (Clone Algo Technologies) Receivables Turnover : 0.32 (As of Apr. 2015)

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What is Clone Algo Technologies 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. Clone Algo Technologies's Revenue for the three months ended in Apr. 2015 was $0.05 Mil. Clone Algo Technologies's average Accounts Receivable for the three months ended in Apr. 2015 was $0.16 Mil. Hence, Clone Algo Technologies's Receivables Turnover for the three months ended in Apr. 2015 was 0.32.

Clone Algo Technologies Receivables Turnover Historical Data

The historical data trend for Clone Algo Technologies'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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Clone Algo Technologies Receivables Turnover Chart

Clone Algo Technologies Annual Data

Trend

Jul13

Receivables Turnover

Clone Algo Technologies Quarterly Data
	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15
Receivables Turnover	Get a 7-Day Free Trial			-	-	1.00	1.14	0.32

Competitive Comparison of Clone Algo Technologies's Receivables Turnover

For the Shell Companies subindustry, Clone Algo Technologies'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.

Clone Algo Technologies's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Clone Algo Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Clone Algo Technologies's Receivables Turnover falls into.

Clone Algo Technologies Receivables Turnover Calculation

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

Clone Algo Technologies's Receivables Turnover for the fiscal year that ended in Jul. 2013 is calculated as

	Receivables Turnover (A: Jul. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2013 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: Jul. 2013 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

Clone Algo Technologies's Receivables Turnover for the quarter that ended in Apr. 2015 is calculated as

	Receivables Turnover (Q: Apr. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Apr. 2015 )	/ (	(Accounts Receivable (Q: Jan. 2015 )	+	Accounts Receivable (Q: Apr. 2015 ))	/	count )
=	0.05	/ (	(0.145	+	0.165)	/	2 )
=	0.05	/	0.155
=	0.32

Clone Algo Technologies (OTCPK:CATI) 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.

Clone Algo Technologies Receivables Turnover Related Terms

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Clone Algo Technologies (Clone Algo Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Clone Algo Technologies Inc (OTCPK:CATI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

10300 West Charleston Boulevard, Suite 13-438, Las Vegas, NV, USA, 89135

Website

https://www.clonealgo.us

Clone Algo Technologies Inc is a shell company.

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