GRNL (Greenlite Ventures) Receivables Turnover: 0.00 (As of Dec. 2012)

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 Greenlite Ventures Receivables Turnover?

Greenlite Ventures GRNL Receivables Turnover is 0.00 as of Dec. 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. Greenlite Ventures's Revenue for the three months ended in Dec. 2012 was $0.00 Mil. Greenlite Ventures's average Accounts Receivable for the three months ended in Dec. 2012 was $0.00 Mil.


Greenlite Ventures  (OTCPK:GRNL) 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.


Greenlite Ventures Receivables Turnover Related Terms


Greenlite Ventures Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Greenlite Ventures'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.

Greenlite Ventures Receivables Turnover Chart

Greenlite Ventures Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Greenlite Ventures Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.00 0.00

GRNL vs OCLN, HDII, CWSS: Receivables Turnover Comparison

For the Footwear & Accessories subindustry, Greenlite Ventures'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.


Greenlite Ventures Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Greenlite Ventures's Receivables Turnover distribution charts can be found below:

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



Greenlite Ventures Receivables Turnover Calculation

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

Greenlite Ventures's Receivables Turnover for the fiscal year that ended in Mar. 2012 is calculated as

Receivables Turnover (A: Mar. 2012 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2012 ) / ((Accounts Receivable (A: Mar. 2011 ) + Accounts Receivable (A: Mar. 2012 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Greenlite Ventures's Receivables Turnover for the quarter that ended in Dec. 2012 is calculated as

Receivables Turnover (Q: Dec. 2012 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2012 ) / ((Accounts Receivable (Q: Sep. 2012 ) + Accounts Receivable (Q: Dec. 2012 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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 0.00 mean?
Greenlite Ventures (GRNL) has a Receivables Turnover of 0.00 as of Dec. 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 Greenlite Ventures and its competitors.
Is Greenlite Ventures' Receivables Turnover too high?
Greenlite Ventures' current Receivables Turnover is 0.00.
How does Greenlite Ventures' Receivables Turnover compare to OCLN and HDII?
Greenlite Ventures' Receivables Turnover of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.89. 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,033 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. 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 Greenlite Ventures and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlite Ventures's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlite Ventures stock overvalued right now?
Greenlite Ventures (GRNL) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Greenlite Ventures (GRNL), the current Receivables Turnover is 0.00 as of Dec. 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.

Greenlite Ventures Business Description

Address 1407 Foothill boulevard, Suite 305, La Verne, CA, USA, 91750
Greenlite Ventures Inc acquired Artinian LLC which owns Game Time Watches and Game Time Band, a manufacturer and designer of sports licensed watches and watch bands. The Company is conducting active operations as per the Assets Purchase Agreement in both Tarrytown, NY and Boca Raton, Florida. The company earns revenue from the sale of watches, the sale of watch bands, and licensing fees. The Company launched its podcast operations with the airing of DeForrest's Morning Briefing show alongside focusing on developing transformative software and crypto solutions for the gaming and crypto industries.