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Color Imaging (Color Imaging) Receivables Turnover : 2.11 (As of Jun. 2005)


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What is Color Imaging 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. Color Imaging's Revenue for the three months ended in Jun. 2005 was $5.97 Mil. Color Imaging's average Accounts Receivable for the three months ended in Jun. 2005 was $2.83 Mil. Hence, Color Imaging's Receivables Turnover for the three months ended in Jun. 2005 was 2.11.


Color Imaging Receivables Turnover Historical Data

The historical data trend for Color Imaging'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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Color Imaging Receivables Turnover Chart

Color Imaging Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Receivables Turnover
Get a 7-Day Free Trial 3.20 9.28 10.60 9.72 10.03

Color Imaging Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 2.05 1.92 1.88 2.17 2.11

Competitive Comparison of Color Imaging's Receivables Turnover

For the Business Equipment & Supplies subindustry, Color Imaging'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.


Color Imaging's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Color Imaging's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Color Imaging's Receivables Turnover falls into.



Color Imaging Receivables Turnover Calculation

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

Color Imaging's Receivables Turnover for the fiscal year that ended in Dec. 2004 is calculated as

Receivables Turnover (A: Dec. 2004 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2004 ) / ((Accounts Receivable (A: Dec. 2003 ) + Accounts Receivable (A: Dec. 2004 )) / count )
=21.835 / ((1.941 + 2.412) / 2 )
=21.835 / 2.1765
=10.03

Color Imaging's Receivables Turnover for the quarter that ended in Jun. 2005 is calculated as

Receivables Turnover (Q: Jun. 2005 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2005 ) / ((Accounts Receivable (Q: Mar. 2005 ) + Accounts Receivable (Q: Jun. 2005 )) / count )
=5.967 / ((2.78 + 2.887) / 2 )
=5.967 / 2.8335
=2.11

* 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.


Color Imaging  (OTCPK:CIIG) 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.


Color Imaging Receivables Turnover Related Terms

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Color Imaging (Color Imaging) Business Description

Traded in Other Exchanges
N/A
Address
4350 Peachtree Industrial Boulevard, Suite 100, Norcross, GA, USA, 30071
Color Imaging Inc designs, develops, manufactures and markets products used in electronic photocopying and printing, including black text, specialty, full color and MICR and supplies other consumable products, including imaging drums.

Color Imaging (Color Imaging) Headlines