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. Hellix Ventures's Revenue for the
three
months ended in Apr. 2014 was $0.02 Mil. Hellix Ventures's average Accounts Receivable for the
three
months ended in Apr. 2014 was $0.01 Mil.
Hence, Hellix Ventures's Receivables Turnover for the
three
months ended in Apr. 2014 was 2.93.
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.
Hellix Ventures Receivables Turnover Related Terms
Hellix Ventures Receivables Turnover Historical Data
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The historical data trend for Hellix 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.
HLLXF vs EXNT, SNECQ: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, Hellix 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.
Hellix Ventures Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hellix Ventures's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hellix Ventures's Receivables Turnover falls into.
* 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.
Hellix Ventures (HLLXF) has a Receivables Turnover of 2.93 as of Apr. 2014. 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 Hellix Ventures and its competitors.
Is Hellix Ventures' Receivables Turnover too high?
Hellix Ventures' current Receivables Turnover is 2.93. The Oil & Gas industry median Receivables Turnover is 7.97. Hellix Ventures' value of 2.93 is 63.2% below this industry median.
How does Hellix Ventures' Receivables Turnover compare to EXNT and SNECQ?
Hellix Ventures' Receivables Turnover of 2.93 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.97. Hellix Ventures' value of 2.93 is 63.2% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.97, based on 890 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. Hellix Ventures's current Receivables Turnover of 2.93 is 63.2% 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 Hellix Ventures and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hellix Ventures's current Receivables Turnover is 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hellix Ventures stock overvalued right now?
Hellix Ventures (HLLXF) has a current Receivables Turnover of 2.93. The current Receivables Turnover is 2.93 and 63.2% below the Oil & Gas industry median of 7.97. 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 Hellix Ventures (HLLXF), the current Receivables Turnover is 2.93 as of Apr. 2014. 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.
Hellix Ventures Inc is a Canada-based natural resource company. The company is engaged in the identification, acquisition, exploration and development of resource properties. Its operating segments include oil and gas operation and mineral property exploration.
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