Preferred Commerce (Preferred Commerce) Receivables Turnover : 5.74 (As of Nov. 2015)

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What is Preferred Commerce 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. Preferred Commerce's Revenue for the six months ended in Nov. 2015 was $0.25 Mil. Preferred Commerce's average Accounts Receivable for the six months ended in Nov. 2015 was $0.04 Mil. Hence, Preferred Commerce's Receivables Turnover for the six months ended in Nov. 2015 was 5.74.

Preferred Commerce Receivables Turnover Historical Data

The historical data trend for Preferred Commerce'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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Preferred Commerce Receivables Turnover Chart

Preferred Commerce Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Nov14

Nov15

Receivables Turnover

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5.74

Preferred Commerce Semi-Annual Data
	Nov07	Nov08	Nov09	Nov10	Nov14	Nov15
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	5.74

Competitive Comparison of Preferred Commerce's Receivables Turnover

For the Packaged Foods subindustry, Preferred Commerce'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.

Preferred Commerce's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Preferred Commerce's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Preferred Commerce's Receivables Turnover falls into.

Preferred Commerce Receivables Turnover Calculation

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

Preferred Commerce's Receivables Turnover for the fiscal year that ended in Nov. 2015 is calculated as

	Receivables Turnover (A: Nov. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2015 )	/ (	(Accounts Receivable (A: Nov. 2014 )	+	Accounts Receivable (A: Nov. 2015 ))	/	count )
=	0.247	/ (	(0	+	0.043)	/	1 )
=	0.247	/	0.043
=	5.74

Preferred Commerce's Receivables Turnover for the quarter that ended in Nov. 2015 is calculated as

	Receivables Turnover (Q: Nov. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2015 )	/ (	(Accounts Receivable (Q: Nov. 2014 )	+	Accounts Receivable (Q: Nov. 2015 ))	/	count )
=	0.247	/ (	(0	+	0.043)	/	1 )
=	0.247	/	0.043
=	5.74

Preferred Commerce (OTCPK:CELV) 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.

Preferred Commerce Receivables Turnover Related Terms

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Preferred Commerce (Preferred Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Preferred Commerce Inc (OTCPK:CELV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3260 Fairline Farms Road, Unit No. 1, Wellington, FL, USA, 33414

Website

http://www.preferredcommerce.com

Preferred Commerce Inc is focused on health and wellness products with main product being Thriv5. Thriv5 products contain Superoxide Dismutase (SOD) combined with antioxidants, soluble corn fiber and other ingredients that help the human body regenerate healthy cells and strengthen the immune system. The company is promoting the product through retail stores, online sales, and social media.