EBODF (New Energy Exchange) Receivables Turnover: 0.15 (As of Jun. 2012)


What is New Energy Exchange Receivables Turnover?

New Energy Exchange EBODF Receivables Turnover is 0.15 as of Jun. 2012.

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. New Energy Exchange's Revenue for the six months ended in Jun. 2012 was $1.69 Mil. New Energy Exchange's average Accounts Receivable for the six months ended in Jun. 2012 was $11.50 Mil. Hence, New Energy Exchange's Receivables Turnover for the six months ended in Jun. 2012 was 0.15.

New Energy Exchange  (OTCPK:EBODF) 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.

New Energy Exchange Receivables Turnover Related Terms

New Energy Exchange Receivables Turnover Historical Data

* Premium members only.

The historical data trend for New Energy Exchange'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.

New Energy Exchange Receivables Turnover Chart

New Energy Exchange Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 0.00 0.00 3.45 2.00

New Energy Exchange Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
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 4.41 0.55 1.98 0.15

EBODF vs YGEHY, BSRC: Receivables Turnover Comparison

For the Solar subindustry, New Energy Exchange'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.

New Energy Exchange Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, New Energy Exchange's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where New Energy Exchange's Receivables Turnover falls into.


New Energy Exchange Receivables Turnover Calculation

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

New Energy Exchange's Receivables Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Receivables Turnover (A: Dec. 2011 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2011 ) / ((Accounts Receivable (A: Dec. 2010 ) + Accounts Receivable (A: Dec. 2011 )) / count )
=10.247 / ((2.911 + 7.328) / 2 )
=10.247 / 5.1195
=2.00

New Energy Exchange's Receivables Turnover for the quarter that ended in Jun. 2012 is calculated as

Receivables Turnover (Q: Jun. 2012 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2012 ) / ((Accounts Receivable (Q: Dec. 2011 ) + Accounts Receivable (Q: Jun. 2012 )) / count )
=1.693 / ((7.328 + 15.68) / 2 )
=1.693 / 11.504
=0.15

* 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 0.15 mean?
New Energy Exchange (EBODF) has a Receivables Turnover of 0.15 as of Jun. 2012. 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 New Energy Exchange and its competitors.
Is New Energy Exchange's Receivables Turnover too high?
New Energy Exchange's current Receivables Turnover is 0.15. The Semiconductors industry median Receivables Turnover is 5.82. New Energy Exchange's value of 0.15 is 97.4% below this industry median.
How does New Energy Exchange's Receivables Turnover compare to YGEHY and BSRC?
New Energy Exchange's Receivables Turnover of 0.15 can be compared against companies in the Semiconductors industry. The industry median Receivables Turnover is 5.82. New Energy Exchange's value of 0.15 is 97.4% 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 a Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. New Energy Exchange's current Receivables Turnover of 0.15 is 97.4% 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 New Energy Exchange and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Energy Exchange's current Receivables Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Energy Exchange stock overvalued right now?
New Energy Exchange (EBODF) has a current Receivables Turnover of 0.15. The current Receivables Turnover is 0.15 and 97.4% below the Semiconductors industry median of 5.82. 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 New Energy Exchange (EBODF), the current Receivables Turnover is 0.15 as of Jun. 2012. 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.

New Energy Exchange Business Description

Address Unit 1407, 14 Floor West Tower Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong, HKG
New Energy Exchange Ltd is a renewable energy company. It is a service provider focusing on the new ecology of energy Internet and provides integrated solutions based on blockchain technologies. The company has three business division: Blockchain technology application; New energy and Internet+.