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

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What is GME Innotainment Receivables Turnover?

GME Innotainment GMEV -98.00% Receivables Turnover is 3.63 as of Sep. 2015.

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  (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


GME Innotainment Receivables Turnover Historical Data

* Premium members only.

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.

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 Premium Member Only 0.00 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 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 2.96 8.95 5.76 9.23 3.63

GMEV vs SGSI, PCTL, SYEV: Receivables Turnover Comparison

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 Receivables Turnover vs 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 Accounts Receivable
=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 Accounts Receivable
=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

* 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 3.63 mean?
GME Innotainment (GMEV) has a Receivables Turnover of 3.63 as of Sep. 2015. 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 GME Innotainment and its competitors.
Is GME Innotainment's Receivables Turnover too high?
GME Innotainment's current Receivables Turnover is 3.63. The Industrial Products industry median Receivables Turnover is 4.45. GME Innotainment's value of 3.63 is 18.4% below this industry median.
How does GME Innotainment's Receivables Turnover compare to SGSI and PCTL?
GME Innotainment's Receivables Turnover of 3.63 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. GME Innotainment's value of 3.63 is 18.4% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. GME Innotainment's current Receivables Turnover of 3.63 is 18.4% 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 GME Innotainment and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GME Innotainment's current Receivables Turnover is 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GME Innotainment stock overvalued right now?
GME Innotainment (GMEV) has a current Receivables Turnover of 3.63. The current Receivables Turnover is 3.63 and 18.4% below the Industrial Products industry median of 4.45. 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 GME Innotainment (GMEV), the current Receivables Turnover is 3.63 as of Sep. 2015. 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.

GME Innotainment Business Description

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