Carson Development (Carson Development) Receivables Turnover : 1.53 (As of Sep. 2002)

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What is Carson Development 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. Carson Development's Revenue for the three months ended in Sep. 2002 was $1.52 Mil. Carson Development's average Accounts Receivable for the three months ended in Sep. 2002 was $0.99 Mil. Hence, Carson Development's Receivables Turnover for the three months ended in Sep. 2002 was 1.53.

Carson Development Receivables Turnover Historical Data

The historical data trend for Carson Development'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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Carson Development Receivables Turnover Chart

Carson Development Annual Data

Trend

Dec99

Dec00

Dec01

Receivables Turnover

Carson Development Quarterly Data
	Mar99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02
Receivables Turnover	Get a 7-Day Free Trial							50.86	-	-	14.48	1.53

Competitive Comparison of Carson Development's Receivables Turnover

For the Real Estate - Development subindustry, Carson Development'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.

Carson Development's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Carson Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Carson Development's Receivables Turnover falls into.

Carson Development Receivables Turnover Calculation

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

Carson Development's Receivables Turnover for the fiscal year that ended in Dec. 2001 is calculated as

	Receivables Turnover (A: Dec. 2001 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2001 )	/ (	(Accounts Receivable (A: Dec. 2000 )	+	Accounts Receivable (A: Dec. 2001 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Carson Development's Receivables Turnover for the quarter that ended in Sep. 2002 is calculated as

	Receivables Turnover (Q: Sep. 2002 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2002 )	/ (	(Accounts Receivable (Q: Jun. 2002 )	+	Accounts Receivable (Q: Sep. 2002 ))	/	count )
=	1.517	/ (	(0.096	+	1.882)	/	2 )
=	1.517	/	0.989
=	1.53

Carson Development (OTCPK:CDVM) 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.

Carson Development Receivables Turnover Related Terms

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Carson Development (Carson Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Carson Development Corp (OTCPK:CDVM) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

6917 West 135th Street, Suite B-29, Overland Park, KS, USA, 66223

Website

http://www.carsondevelopmentinc.com

Carson Development Corp is a Real Estate company. It includes the purchase of raw ground, developing the ground, constructing homes-apartment complexes-shopping centers-businesses, and then managing the property once it is complete.

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