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ACC Aviation Holdings (ACC Aviation Holdings) Receivables Turnover : 0.54 (As of Sep. 2023)


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What is ACC Aviation Holdings 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. ACC Aviation Holdings's Revenue for the three months ended in Sep. 2023 was $0.02 Mil. ACC Aviation Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was $0.04 Mil. Hence, ACC Aviation Holdings's Receivables Turnover for the three months ended in Sep. 2023 was 0.54.


ACC Aviation Holdings Receivables Turnover Historical Data

The historical data trend for ACC Aviation 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.

* Premium members only.

ACC Aviation Holdings Receivables Turnover Chart

ACC Aviation Holdings Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 7.74 - - -

ACC Aviation Holdings Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep22 Sep23
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 - - - - 0.54

Competitive Comparison of ACC Aviation Holdings's Receivables Turnover

For the Shell Companies subindustry, ACC Aviation 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.


ACC Aviation Holdings's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ACC Aviation Holdings's Receivables Turnover distribution charts can be found below:

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



ACC Aviation Holdings Receivables Turnover Calculation

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

ACC Aviation Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

ACC Aviation Holdings's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0.021 / ((0 + 0.039) / 1 )
=0.021 / 0.039
=0.54

* 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.


ACC Aviation Holdings  (OTCPK:CAVG) 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.


ACC Aviation Holdings Receivables Turnover Related Terms

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ACC Aviation Holdings (ACC Aviation Holdings) Business Description

Traded in Other Exchanges
N/A
Address
South Chuangyan Road, Room 303, Science and Technology Incubation Park, Jiangyou Industrial Park, Sichuan Province, Jiangyou, CHN, 90067
ACC Aviation Holdings Ltd currently has no business operations.
Executives
Shai Marco Cohen 10 percent owner 5509 WINDMIER CIRCLE, DALLAS TX 75252
Mnsco, Llc 10 percent owner 1 BEN GURION ST., B.S.R. TOWER 2, BUEI BRAK L3 5120149
Oded Gilboa officer: Chief Financial Officer 23 AKIVA STREET, #14, RAANANA L3 4326103
Michael D Greenfield director P O B 12526, HERZLIYA PILEACH L3 46733
Pete Mateja officer: CEO 207 PIAGET AVENUE, CLIFTON NJ 07011
Joseph Bahat director 2 HABAAL-SHEM-TOV STREET, HERZLIA L3 46342
Jacob Enoch director #4 SHNITZER SHMUEL ST, TEL-AVIV L3 695
Edward Braniff officer: Interim CEO & CFO 207 PIAGET AVENUE, CLIFTON NJ 07011
Jerome Chaney officer: CEO and President 207 PIAGET AVENUE, CLIFTON NJ 07011
Aharon Y Levinas director, officer: Chief Technology Officer 8 04 ARNOT PLACE, FAIR LOAN NJ 07410
Tamir Levinas director 60 12 MAZE STREET, TEL AVIV L3 65789
Robert Lubin director TEL AVIV, TEL AVIV L3 00000
Amir Uziel director, 10 percent owner, officer: President and CEO RISHON LEZION, RISHON LEZION L3 75749
Adam Jacob Somer director, officer: Treasurer 2753 BROADWAY 197, NEW YORK NY 10025
Matthew Haney director 1368 S ALPINE LOOP, PROVO UT 84606

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