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California Style Palms (California Style Palms) Receivables Turnover : 18.85 (As of Sep. 2006)


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What is California Style Palms 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. California Style Palms's Revenue for the three months ended in Sep. 2006 was $3.57 Mil. California Style Palms's average Accounts Receivable for the three months ended in Sep. 2006 was $0.19 Mil. Hence, California Style Palms's Receivables Turnover for the three months ended in Sep. 2006 was 18.85.


California Style Palms Receivables Turnover Historical Data

The historical data trend for California Style Palms'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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California Style Palms Receivables Turnover Chart

California Style Palms Annual Data
Trend Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Mar05
Receivables Turnover
Get a 7-Day Free Trial - - - - 184.79

California Style Palms Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.74 80.63 51.52 23.00 18.85

Competitive Comparison of California Style Palms's Receivables Turnover

For the Farm Products subindustry, California Style Palms'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.


California Style Palms's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where California Style Palms's Receivables Turnover falls into.



California Style Palms Receivables Turnover Calculation

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

California Style Palms's Receivables Turnover for the fiscal year that ended in Mar. 2005 is calculated as

Receivables Turnover (A: Mar. 2005 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2005 ) / ((Accounts Receivable (A: Jan. 2003 ) + Accounts Receivable (A: Mar. 2005 )) / count )
=13.12 / ((0 + 0.071) / 1 )
=13.12 / 0.071
=184.79

California Style Palms's Receivables Turnover for the quarter that ended in Sep. 2006 is calculated as

Receivables Turnover (Q: Sep. 2006 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2006 ) / ((Accounts Receivable (Q: Jun. 2006 ) + Accounts Receivable (Q: Sep. 2006 )) / count )
=3.573 / ((0.279 + 0.1) / 2 )
=3.573 / 0.1895
=18.85

* 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.


California Style Palms  (OTCPK:CFPI) 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.


California Style Palms Receivables Turnover Related Terms

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California Style Palms (California Style Palms) Business Description

Traded in Other Exchanges
N/A
Address
349 North Renee Street, Orange, CA, USA, 92869-3122
California Style Palms Inc is engaged in selling and installation of decorative palm trees. It owns and operates the assets, with the exception of the real estate, of Gregory Palm Farms, LLC, a fourth-generation farmers company who live to grow its own products. The company owns and operates two farms in California, and have set up central location in Orange, Orange County. It derives revenues primarily from the sale and installation of decorative palm trees.
Executives
Andrew C Schmidt director 1700 CARNEGIE AVE, SUITE 100, SANTA ANA CA 92705

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