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

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What is Consolidated Capital Of North America 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. 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 Receivables Turnover Historical Data

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.

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Consolidated Capital Of North America Receivables Turnover Chart

Consolidated Capital Of North America Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

2.02

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

Competitive Comparison of Consolidated Capital Of North America's Receivables Turnover

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's Receivables Turnover Distribution in the 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 Total Inventories
=	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 Total Inventories
=	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

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

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Consolidated Capital Of North America (Consolidated Capital Of North America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Consolidated Capital Of North America Inc (OTCPK:CDNO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1530 16th Street, Suite 200, Denver, CO, USA, 80202

Website

http://www.nywkj.com/en

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. It has service platforms such as nvyou.com, lvxiaoer app, travel agency, and others. Its revenues are derived from membership sales, advertising income, and online malls.

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