CVTV (China VTV) Receivables Turnover: 7.40 (As of Aug. 2020)

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What is China VTV Receivables Turnover?

China VTV CVTV Receivables Turnover is 7.40 as of Aug. 2020.

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 VTV's Revenue for the three months ended in Aug. 2020 was $3.02 Mil. China VTV's average Accounts Receivable for the three months ended in Aug. 2020 was $0.41 Mil. Hence, China VTV's Receivables Turnover for the three months ended in Aug. 2020 was 7.40.


China VTV  (OTCPK:CVTV) 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 VTV Receivables Turnover Related Terms


China VTV Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV Receivables Turnover Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.05

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 0.00 0.00 0.00 10.18 7.40

CVTV vs REBL, CSSE, RLJE: Receivables Turnover Comparison

For the Internet Content & Information subindustry, China VTV'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 VTV Receivables Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China VTV's Receivables Turnover distribution charts can be found below:

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



China VTV Receivables Turnover Calculation

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

China VTV's Receivables Turnover for the fiscal year that ended in Feb. 2020 is calculated as

Receivables Turnover (A: Feb. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Feb. 2020 ) / ((Accounts Receivable (A: Feb. 2019 ) + Accounts Receivable (A: Feb. 2020 )) / count )
=0.004 / ((0 + 0.079) / 1 )
=0.004 / 0.079
=0.05

China VTV's Receivables Turnover for the quarter that ended in Aug. 2020 is calculated as

Receivables Turnover (Q: Aug. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Aug. 2020 ) / ((Accounts Receivable (Q: May. 2020 ) + Accounts Receivable (Q: Aug. 2020 )) / count )
=3.024 / ((0.652 + 0.165) / 2 )
=3.024 / 0.4085
=7.40

* 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 7.40 mean?
China VTV (CVTV) has a Receivables Turnover of 7.40 as of Aug. 2020. 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 China VTV and its competitors.
Is China VTV's Receivables Turnover too high?
China VTV's current Receivables Turnover is 7.40. The Interactive Media industry median Receivables Turnover is 7.87. China VTV's value of 7.40 is 6% below this industry median.
How does China VTV's Receivables Turnover compare to REBL and CSSE?
China VTV's Receivables Turnover of 7.40 can be compared against companies in the Interactive Media industry. The industry median Receivables Turnover is 7.87. China VTV's value of 7.40 is 6% below this benchmark. 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 an Interactive Media company?
The median Receivables Turnover among Interactive Media companies is 7.87, based on 541 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. China VTV's current Receivables Turnover of 7.40 is 6% below the industry median. 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 China VTV and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China VTV's current Receivables Turnover is 7.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Receivables Turnover of 7.40. The current Receivables Turnover is 7.40 and 6% below the Interactive Media industry median of 7.87. 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 China VTV (CVTV), the current Receivables Turnover is 7.40 as of Aug. 2020. 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.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.