Citadel EFT (Citadel EFT) Receivables Turnover : 2.81 (As of Dec. 2013)

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What is Citadel EFT 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. Citadel EFT's Revenue for the three months ended in Dec. 2013 was $0.10 Mil. Citadel EFT's average Accounts Receivable for the three months ended in Dec. 2013 was $0.04 Mil. Hence, Citadel EFT's Receivables Turnover for the three months ended in Dec. 2013 was 2.81.

Citadel EFT Receivables Turnover Historical Data

The historical data trend for Citadel EFT'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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Citadel EFT Receivables Turnover Chart

Citadel EFT Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Receivables Turnover

10.53

13.14

14.47

12.46

Citadel EFT Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Receivables Turnover	Get a 7-Day Free Trial												2.75	2.65	3.03	3.46	2.81

Competitive Comparison of Citadel EFT's Receivables Turnover

For the Software - Infrastructure subindustry, Citadel EFT'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.

Citadel EFT's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Citadel EFT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Citadel EFT's Receivables Turnover falls into.

Citadel EFT Receivables Turnover Calculation

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

Citadel EFT's Receivables Turnover for the fiscal year that ended in Sep. 2013 is calculated as

	Receivables Turnover (A: Sep. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2013 )	/ (	(Accounts Receivable (A: Sep. 2012 )	+	Accounts Receivable (A: Sep. 2013 ))	/	count )
=	0.43	/ (	(0.034	+	0.035)	/	2 )
=	0.43	/	0.0345
=	12.46

Citadel EFT's Receivables Turnover for the quarter that ended in Dec. 2013 is calculated as

	Receivables Turnover (Q: Dec. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2013 )	/ (	(Accounts Receivable (Q: Sep. 2013 )	+	Accounts Receivable (Q: Dec. 2013 ))	/	count )
=	0.101	/ (	(0.035	+	0.037)	/	2 )
=	0.101	/	0.036
=	2.81

Citadel EFT (GREY:CDFT) 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.

Citadel EFT Receivables Turnover Related Terms

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Citadel EFT (Citadel EFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Citadel EFT Inc (GREY:CDFT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

825 College Boulevard, Suite 102-328, Oceanside, CA, USA, 92057

Website

http://citadelbankcard.com

Citadel EFT Inc provides credit card terminals and merchant account services to retailers. It's business is the processing of credit card payments ("Merchant Services").

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