CATV (4Cable TV International) Receivables Turnover: 10.00 (As of Jun. 2015)

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What is 4Cable TV International Receivables Turnover?

4Cable TV International CATV -99.00% Receivables Turnover is 10.00 as of Jun. 2015.

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. 4Cable TV International's Revenue for the three months ended in Jun. 2015 was $0.10 Mil. 4Cable TV International's average Accounts Receivable for the three months ended in Jun. 2015 was $0.01 Mil. Hence, 4Cable TV International's Receivables Turnover for the three months ended in Jun. 2015 was 10.00.


4Cable TV International  (OTCPK:CATV) 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.


4Cable TV International Receivables Turnover Related Terms


4Cable TV International Receivables Turnover Historical Data

* Premium members only.

The historical data trend for 4Cable TV International'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.

4Cable TV International Receivables Turnover Chart

4Cable TV International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 14.36 27.41 47.77

4Cable TV International Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.16 6.99 7.02 12.44 10.00

CATV vs PNTV, WCST, NEUL: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, 4Cable TV International'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.


4Cable TV International Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Cable TV International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 4Cable TV International's Receivables Turnover falls into.



4Cable TV International Receivables Turnover Calculation

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

4Cable TV International's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=1.027 / ((0.031 + 0.012) / 2 )
=1.027 / 0.0215
=47.77

4Cable TV International's Receivables Turnover for the quarter that ended in Jun. 2015 is calculated as

Receivables Turnover (Q: Jun. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2015 ) / ((Accounts Receivable (Q: Mar. 2015 ) + Accounts Receivable (Q: Jun. 2015 )) / count )
=0.1 / ((0.006 + 0.014) / 2 )
=0.1 / 0.01
=10.00

* 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 10.00 mean?
4Cable TV International (CATV) has a Receivables Turnover of 10.00 as of Jun. 2015. 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 4Cable TV International and its competitors.
Is 4Cable TV International's Receivables Turnover too high?
4Cable TV International's current Receivables Turnover is 10.00. The Drug Manufacturers industry median Receivables Turnover is 5.07. 4Cable TV International's value of 10.00 is 97.2% above this industry median.
How does 4Cable TV International's Receivables Turnover compare to PNTV and WCST?
4Cable TV International's Receivables Turnover of 10.00 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. 4Cable TV International's value of 10.00 is 97.2% 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 a Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 947 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. 4Cable TV International's current Receivables Turnover of 10.00 is 97.2% 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 4Cable TV International and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 4Cable TV International's current Receivables Turnover is 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 4Cable TV International stock overvalued right now?
4Cable TV International (CATV) has a current Receivables Turnover of 10.00. The current Receivables Turnover is 10.00 and 97.2% above the Drug Manufacturers industry median of 5.07. 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 4Cable TV International (CATV), the current Receivables Turnover is 10.00 as of Jun. 2015. 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.

4Cable TV International Business Description

Address 23100 SW 192nd Avenue, Suite B, Miami, FL, USA, 33170
4Cable TV International Inc is a Miami-based company that focuses on Cannabis Acquisitions and Trading Ventures. It is engaged in the Hemp Cultivation and sale of hemp-based products.