GME Innotainment (GME Innotainment) Receivables Turnover : 3.63 (As of Sep. 2015)

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What is GME Innotainment 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. GME Innotainment's Revenue for the three months ended in Sep. 2015 was $1.95 Mil. GME Innotainment's average Accounts Receivable for the three months ended in Sep. 2015 was $0.54 Mil. Hence, GME Innotainment's Receivables Turnover for the three months ended in Sep. 2015 was 3.63.

GME Innotainment Receivables Turnover Historical Data

The historical data trend for GME Innotainment'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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GME Innotainment Receivables Turnover Chart

GME Innotainment Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Receivables Turnover

Get a 7-Day Free Trial

13.57

5.16

7.21

15.59

GME Innotainment Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Receivables Turnover	Get a 7-Day Free Trial															2.96	8.95	5.76	9.23	3.63

Competitive Comparison of GME Innotainment's Receivables Turnover

For the Pollution & Treatment Controls subindustry, GME Innotainment'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.

GME Innotainment's Receivables Turnover Distribution in the Industrial Products Industry

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

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

GME Innotainment Receivables Turnover Calculation

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

GME Innotainment's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Receivables Turnover (A: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2014 )	/ (	(Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )
=	2.97	/ (	(0.288	+	0.093)	/	2 )
=	2.97	/	0.1905
=	15.59

GME Innotainment's Receivables Turnover for the quarter that ended in Sep. 2015 is calculated as

	Receivables Turnover (Q: Sep. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2015 )	/ (	(Accounts Receivable (Q: Jun. 2015 )	+	Accounts Receivable (Q: Sep. 2015 ))	/	count )
=	1.948	/ (	(0.701	+	0.371)	/	2 )
=	1.948	/	0.536
=	3.63

GME Innotainment (OTCPK:GMEV) 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.

GME Innotainment Receivables Turnover Related Terms

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GME Innotainment (GME Innotainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GME Innotainment Inc (OTCPK:GMEV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

208 East 51st Street, Suite 170, New York, NY, USA, 10022

Website

https://www.srcorpgroup.com

GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.