ECEZ (Ecosciences) Receivables Turnover: 2.47 (As of Feb. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Ecosciences Receivables Turnover?

Ecosciences ECEZ -99.00% Receivables Turnover is 2.47 as of Feb. 2018.

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. Ecosciences's Revenue for the three months ended in Feb. 2018 was $0.02 Mil. Ecosciences's average Accounts Receivable for the three months ended in Feb. 2018 was $0.01 Mil. Hence, Ecosciences's Receivables Turnover for the three months ended in Feb. 2018 was 2.47.


Ecosciences  (OTCPK:ECEZ) 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.


Ecosciences Receivables Turnover Related Terms


Ecosciences Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ecosciences'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.

Ecosciences Receivables Turnover Chart

Ecosciences Annual Data
Trend May10 May11 May12 May13 May14 May15 May16 May17
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 14.00 7.33 3.71

Ecosciences Quarterly Data
May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18
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 1.71 2.62 3.87 2.47

ECEZ vs GETH, QPWR, CWSS: Receivables Turnover Comparison

For the Waste Management subindustry, Ecosciences'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.


Ecosciences Receivables Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ecosciences's Receivables Turnover distribution charts can be found below:

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



Ecosciences Receivables Turnover Calculation

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

Ecosciences's Receivables Turnover for the fiscal year that ended in May. 2017 is calculated as

Receivables Turnover (A: May. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2017 ) / ((Accounts Receivable (A: May. 2016 ) + Accounts Receivable (A: May. 2017 )) / count )
=0.026 / ((0 + 0.007) / 1 )
=0.026 / 0.007
=3.71

Ecosciences's Receivables Turnover for the quarter that ended in Feb. 2018 is calculated as

Receivables Turnover (Q: Feb. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2018 ) / ((Accounts Receivable (Q: Nov. 2017 ) + Accounts Receivable (Q: Feb. 2018 )) / count )
=0.021 / ((0.009 + 0.008) / 2 )
=0.021 / 0.0085
=2.47

* 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 2.47 mean?
Ecosciences (ECEZ) has a Receivables Turnover of 2.47 as of Feb. 2018. 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 Ecosciences and its competitors.
Is Ecosciences' Receivables Turnover too high?
Ecosciences' current Receivables Turnover is 2.47. The Waste Management industry median Receivables Turnover is 4.61. Ecosciences' value of 2.47 is 46.4% below this industry median.
How does Ecosciences' Receivables Turnover compare to GETH and QPWR?
Ecosciences' Receivables Turnover of 2.47 can be compared against companies in the Waste Management industry. The industry median Receivables Turnover is 4.61. Ecosciences' value of 2.47 is 46.4% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.61, based on 235 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. Ecosciences's current Receivables Turnover of 2.47 is 46.4% 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 Ecosciences and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecosciences's current Receivables Turnover is 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecosciences stock overvalued right now?
Ecosciences (ECEZ) has a current Receivables Turnover of 2.47. The current Receivables Turnover is 2.47 and 46.4% below the Waste Management industry median of 4.61. 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 Ecosciences (ECEZ), the current Receivables Turnover is 2.47 as of Feb. 2018. 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.

Ecosciences Business Description

Address 420 Jericho Turnpike, Suite 110, Jericho, NY, USA, 11753
Ecosciences Inc is focused on the development, production and sale of environmentally focused wastewater products. It currently produces organic tablets and powders to be used regularly and in lieu of harmful chemical cleaning products in grease trap and septic tank systems.