HAON (Halitron) Receivables Turnover: 0.37 (As of Jun. 2008)


What is Halitron Receivables Turnover?

Halitron HAON -99.00% Receivables Turnover is 0.37 as of Jun. 2008.

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. Halitron's Revenue for the three months ended in Jun. 2008 was $0.11 Mil. Halitron's average Accounts Receivable for the three months ended in Jun. 2008 was $0.30 Mil. Hence, Halitron's Receivables Turnover for the three months ended in Jun. 2008 was 0.37.

Halitron  (OTCPK:HAON) 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.

Halitron Receivables Turnover Related Terms

Halitron Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Halitron'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.

Halitron Receivables Turnover Chart

Halitron Annual Data
Trend Sep05 Sep06 Sep07
Receivables Turnover
0.00 0.00 0.00

Halitron Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.00 0.37

HAON vs PHIL, AAMTF, QMCI: Receivables Turnover Comparison

For the Capital Markets subindustry, Halitron'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.

Halitron Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Halitron's Receivables Turnover distribution charts can be found below:

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


Halitron Receivables Turnover Calculation

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

Halitron's Receivables Turnover for the fiscal year that ended in Sep. 2007 is calculated as

Receivables Turnover (A: Sep. 2007 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2007 ) / ((Accounts Receivable (A: Sep. 2006 ) + Accounts Receivable (A: Sep. 2007 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Halitron's Receivables Turnover for the quarter that ended in Jun. 2008 is calculated as

Receivables Turnover (Q: Jun. 2008 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2008 ) / ((Accounts Receivable (Q: Mar. 2008 ) + Accounts Receivable (Q: Jun. 2008 )) / count )
=0.112 / ((0.299 + 0) / 1 )
=0.112 / 0.299
=0.37

* 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 0.37 mean?
Halitron (HAON) has a Receivables Turnover of 0.37 as of Jun. 2008. 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 Halitron and its competitors.
Is Halitron's Receivables Turnover too high?
Halitron's current Receivables Turnover is 0.37. The Capital Markets industry median Receivables Turnover is 6.85. Halitron's value of 0.37 is 94.6% below this industry median.
How does Halitron's Receivables Turnover compare to PHIL and AAMTF?
Halitron's Receivables Turnover of 0.37 can be compared against companies in the Capital Markets industry. The industry median Receivables Turnover is 6.85. Halitron's value of 0.37 is 94.6% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.85, based on 579 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. Halitron's current Receivables Turnover of 0.37 is 94.6% 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 Halitron and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halitron's current Receivables Turnover is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halitron stock overvalued right now?
Halitron (HAON) has a current Receivables Turnover of 0.37. The current Receivables Turnover is 0.37 and 94.6% below the Capital Markets industry median of 6.85. 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 Halitron (HAON), the current Receivables Turnover is 0.37 as of Jun. 2008. 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.

Halitron Business Description

Address 3 Simm Lane, Suite 2F, Newtown, CT, USA, 06470
Halitron Inc is a multisector holding company. It is focused on acquiring sales, marketing, and manufacturing businesses, and then rolling them into an efficient, low-cost operating infrastructure.