CHFI (China Finance) Receivables Turnover : 0.00 (As of Mar. 2007)

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What is China Finance 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. China Finance's Revenue for the three months ended in Mar. 2007 was $0.20 Mil. China Finance's average Accounts Receivable for the three months ended in Mar. 2007 was $0.00 Mil.

China Finance Receivables Turnover Historical Data

The historical data trend for China Finance'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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China Finance Receivables Turnover Chart

China Finance Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Receivables Turnover

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0.50

0.68

9.46

China Finance Quarterly Data
	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07
Receivables Turnover	Get a 7-Day Free Trial															0.05	-	-	-	-

Competitive Comparison of China Finance's Receivables Turnover

For the Credit Services subindustry, China Finance'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.

China Finance's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, China Finance's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Finance's Receivables Turnover falls into.

China Finance Receivables Turnover Calculation

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

China Finance's Receivables Turnover for the fiscal year that ended in Dec. 2006 is calculated as

	Receivables Turnover (A: Dec. 2006 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2006 )	/ (	(Accounts Receivable (A: Dec. 2005 )	+	Accounts Receivable (A: Dec. 2006 ))	/	count )
=	5.487	/ (	(0.58	+	0)	/	1 )
=	5.487	/	0.58
=	9.46

China Finance's Receivables Turnover for the quarter that ended in Mar. 2007 is calculated as

	Receivables Turnover (Q: Mar. 2007 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2007 )	/ (	(Accounts Receivable (Q: Dec. 2006 )	+	Accounts Receivable (Q: Mar. 2007 ))	/	count )
=	0.2	/ (	(0	+	0)	/	1 )
=	0.2	/	0
=	N/A

China Finance (OTCPK:CHFI) 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.

China Finance Receivables Turnover Related Terms

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China Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Finance Inc (OTCPK:CHFI) » Definitions » Receivables Turnover

Comparable Companies

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Address

Shennan Road, 22 nd Floor, Tower 1, China Phoenix Building, Shenzhen, CHN

Website

China Finance Inc through its subsidiary provides financial support and services, mainly in the form of surety guarantees or short-term loans to privately owned small and medium sized enterprises in China.

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