CGAC (Code Green Apparel) Receivables Turnover: 0.00 (As of Sep. 2017)


What is Code Green Apparel Receivables Turnover?

Code Green Apparel CGAC Receivables Turnover is 0.00 as of Sep. 2017.

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. Code Green Apparel's Revenue for the three months ended in Sep. 2017 was $0.01 Mil. Code Green Apparel's average Accounts Receivable for the three months ended in Sep. 2017 was $0.00 Mil.

Code Green Apparel  (OTCPK:CGAC) 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.

Code Green Apparel Receivables Turnover Related Terms

Code Green Apparel Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Code Green Apparel'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.

Code Green Apparel Receivables Turnover Chart

Code Green Apparel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 33.63

Code Green Apparel Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 1.63 0.47 4.13 0.00 0.00

Code Green Apparel Receivables Turnover Competitor Comparison

For the Capital Markets subindustry, Code Green Apparel'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.

Code Green Apparel Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Code Green Apparel's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Code Green Apparel's Receivables Turnover falls into.


Code Green Apparel Receivables Turnover Calculation

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

Code Green Apparel's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=0.269 / ((0 + 0.008) / 1 )
=0.269 / 0.008
=33.63

Code Green Apparel's Receivables Turnover for the quarter that ended in Sep. 2017 is calculated as

Receivables Turnover (Q: Sep. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2017 ) / ((Accounts Receivable (Q: Jun. 2017 ) + Accounts Receivable (Q: Sep. 2017 )) / count )
=0.011 / ((0 + 0) / 1 )
=0.011 / 0
=N/A

* 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 0.00 mean?
Code Green Apparel (CGAC) has a Receivables Turnover of 0.00 as of Sep. 2017. 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 Code Green Apparel and its competitors.
Is Code Green Apparel's Receivables Turnover too high?
Code Green Apparel's current Receivables Turnover is 0.00.
How does Code Green Apparel's Receivables Turnover compare to competitors?
Code Green Apparel's Receivables Turnover of 0.00 can be compared against companies in the Capital Markets industry. The industry median Receivables Turnover is 6.85. 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.85, based on 577 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. 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 Code Green Apparel and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Code Green Apparel's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Code Green Apparel stock overvalued right now?
Code Green Apparel (CGAC) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Code Green Apparel (CGAC), the current Receivables Turnover is 0.00 as of Sep. 2017. 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.

Code Green Apparel Business Description

Address 12600 Hill Country Boulevard, Suite R-275, Bee Cave, TX, USA, 78738
Code Green Apparel Corp is a Digital Energy Company. The company focuses on development of containerized and modular AI infrastructure designed to address the growing energy, cooling, and deployment constraints facing AI data centers, as AI infrastructure faces growing constraints driven by power availability and rising electrical costs.