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


CAVG ACC Aviation Holdings Ltd CAVG
12 GF Score
Price $1.25
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What is ACC Aviation Holdings Receivables Turnover?

ACC Aviation Holdings CAVG 12 Receivables Turnover is 0.54 as of Sep. 2023. GuruFocus rates CAVG with a GF Score™ of 12/100.

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  (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


ACC Aviation Holdings Receivables Turnover Historical Data

* Premium members only.

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.

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 0.00 0.00 0.00

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 0.00 0.00 0.00 0.00 0.54

CAVG vs THCP, IXAQ, TBMC: Receivables Turnover Comparison

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 Receivables Turnover vs 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.


CAVG
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ACC Aviation Holdings Ltd CAVG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Accounts Receivable
=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 Accounts Receivable
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.54 mean?
ACC Aviation Holdings (CAVG) has a Receivables Turnover of 0.54 as of Sep. 2023. 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 ACC Aviation Holdings and its competitors.
Is ACC Aviation Holdings' Receivables Turnover too high?
ACC Aviation Holdings' current Receivables Turnover is 0.54. The Diversified Financial Services industry median Receivables Turnover is 5.22. ACC Aviation Holdings' value of 0.54 is 89.7% below this industry median. Overall, ACC Aviation Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ACC Aviation Holdings' Receivables Turnover compare to THCP and IXAQ?
ACC Aviation Holdings' Receivables Turnover of 0.54 can be compared against companies in the Diversified Financial Services industry. The industry median Receivables Turnover is 5.22. ACC Aviation Holdings' value of 0.54 is 89.7% 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 Diversified Financial Services company?
The median Receivables Turnover among Diversified Financial Services companies is 5.22, based on 74 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. ACC Aviation Holdings's current Receivables Turnover of 0.54 is 89.7% 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 ACC Aviation Holdings and its competitors. For the Diversified Financial Services industry, the median Receivables Turnover is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACC Aviation Holdings's current Receivables Turnover is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACC Aviation Holdings stock overvalued right now?
ACC Aviation Holdings (CAVG) has a current Receivables Turnover of 0.54. The current Receivables Turnover is 0.54 and 89.7% below the Diversified Financial Services industry median of 5.22. ACC Aviation Holdings' overall GF Score™ is 12/100. 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 ACC Aviation Holdings (CAVG), the current Receivables Turnover is 0.54 as of Sep. 2023. 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.

ACC Aviation Holdings Business Description

Address 2B Cracroft Street, Parnell, Auckland, NTL, NZL, 1052
ACC Aviation Holdings Ltd currently provides business consulting services.
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