CDNO (Consolidated Capital Of North America) Receivables Turnover: 2.02 (As of Dec. 2022)


What is Consolidated Capital Of North America Receivables Turnover?

Consolidated Capital Of North America CDNO +200.00% Receivables Turnover is 2.02 as of Dec. 2022.

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. Consolidated Capital Of North America's Revenue for the six months ended in Dec. 2022 was $0.24 Mil. Consolidated Capital Of North America's average Accounts Receivable for the six months ended in Dec. 2022 was $0.12 Mil. Hence, Consolidated Capital Of North America's Receivables Turnover for the six months ended in Dec. 2022 was 2.02.

Consolidated Capital Of North America  (OTCPK:CDNO) 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.

Consolidated Capital Of North America Receivables Turnover Related Terms

Consolidated Capital Of North America Receivables Turnover Historical Data

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The historical data trend for Consolidated Capital Of North America'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.

Consolidated Capital Of North America Receivables Turnover Chart

Consolidated Capital Of North America Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
0.00 0.00 0.00 2.02

Consolidated Capital Of North America Semi-Annual Data
Dec19 Dec20 Dec21 Dec22
Receivables Turnover 0.00 0.00 0.00 2.02

CDNO vs NNAX, BKNG, ABNB: Receivables Turnover Comparison

For the Travel Services subindustry, Consolidated Capital Of North America'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.

Consolidated Capital Of North America Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Consolidated Capital Of North America's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Consolidated Capital Of North America's Receivables Turnover falls into.


Consolidated Capital Of North America Receivables Turnover Calculation

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

Consolidated Capital Of North America's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=0.24 / ((0 + 0.119) / 1 )
=0.24 / 0.119
=2.02

Consolidated Capital Of North America's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=0.24 / ((0 + 0.119) / 1 )
=0.24 / 0.119
=2.02

* 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 2.02 mean?
Consolidated Capital Of North America (CDNO) has a Receivables Turnover of 2.02 as of Dec. 2022. 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 Consolidated Capital Of North America and its competitors.
Is Consolidated Capital Of North America's Receivables Turnover too high?
Consolidated Capital Of North America's current Receivables Turnover is 2.02. The Travel & Leisure industry median Receivables Turnover is 13.99. Consolidated Capital Of North America's value of 2.02 is 85.6% below this industry median.
How does Consolidated Capital Of North America's Receivables Turnover compare to NNAX and BKNG?
Consolidated Capital Of North America's Receivables Turnover of 2.02 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 13.99. Consolidated Capital Of North America's value of 2.02 is 85.6% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 13.99, based on 833 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. Consolidated Capital Of North America's current Receivables Turnover of 2.02 is 85.6% 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 Consolidated Capital Of North America and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Consolidated Capital Of North America's current Receivables Turnover is 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Consolidated Capital Of North America stock overvalued right now?
Consolidated Capital Of North America (CDNO) has a current Receivables Turnover of 2.02. The current Receivables Turnover is 2.02 and 85.6% below the Travel & Leisure industry median of 13.99. 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 Consolidated Capital Of North America (CDNO), the current Receivables Turnover is 2.02 as of Dec. 2022. 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.

Consolidated Capital Of North America Business Description

Address 1530 16th Street, Suite 200, Denver, CO, USA, 80202
Consolidated Capital Of North America Inc through its online platforms is a service provider focusing on Women's travel. The company relies on the Internet plus offline entity management mode to provide users with integrated services such as travel, health, entertainment, and education. The company has service platforms such as nvyou.com, lvxiaoer app, travel agency, and others.