HVCW (Harrison Vickers and Waterman) Receivables Turnover: 13.22 (As of Jun. 2019)


What is Harrison Vickers and Waterman Receivables Turnover?

Harrison Vickers and Waterman HVCW -99.00% Receivables Turnover is 13.22 as of Jun. 2019.

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. Harrison Vickers and Waterman's Revenue for the six months ended in Jun. 2019 was $4.26 Mil. Harrison Vickers and Waterman's average Accounts Receivable for the six months ended in Jun. 2019 was $0.32 Mil. Hence, Harrison Vickers and Waterman's Receivables Turnover for the six months ended in Jun. 2019 was 13.22.

Harrison Vickers and Waterman  (OTCPK:HVCW) 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.

Harrison Vickers and Waterman Receivables Turnover Related Terms

Harrison Vickers and Waterman Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Harrison Vickers and Waterman'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.

Harrison Vickers and Waterman Receivables Turnover Chart

Harrison Vickers and Waterman Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun19
Receivables Turnover
0.00 0.00 1.49 5.92 13.22

Harrison Vickers and Waterman Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun19
Receivables Turnover 0.00 0.00 1.49 5.92 13.22

HVCW vs IOUFF, GRVFF, STXMF: Receivables Turnover Comparison

For the Beverages - Brewers subindustry, Harrison Vickers and Waterman'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.

Harrison Vickers and Waterman Receivables Turnover vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harrison Vickers and Waterman's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Harrison Vickers and Waterman's Receivables Turnover falls into.


Harrison Vickers and Waterman Receivables Turnover Calculation

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

Harrison Vickers and Waterman's Receivables Turnover for the fiscal year that ended in Jun. 2019 is calculated as

Receivables Turnover (A: Jun. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2019 ) / ((Accounts Receivable (A: Jun. 2016 ) + Accounts Receivable (A: Jun. 2019 )) / count )
=4.258 / ((0.322 + 0) / 1 )
=4.258 / 0.322
=13.22

Harrison Vickers and Waterman's Receivables Turnover for the quarter that ended in Jun. 2019 is calculated as

Receivables Turnover (Q: Jun. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2019 ) / ((Accounts Receivable (Q: Jun. 2016 ) + Accounts Receivable (Q: Jun. 2019 )) / count )
=4.258 / ((0.322 + 0) / 1 )
=4.258 / 0.322
=13.22

* 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 13.22 mean?
Harrison Vickers and Waterman (HVCW) has a Receivables Turnover of 13.22 as of Jun. 2019. 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 Harrison Vickers and Waterman and its competitors.
Is Harrison Vickers and Waterman's Receivables Turnover too high?
Harrison Vickers and Waterman's current Receivables Turnover is 13.22. The Beverages - Alcoholic industry median Receivables Turnover is 7.79. Harrison Vickers and Waterman's value of 13.22 is 69.8% above this industry median.
How does Harrison Vickers and Waterman's Receivables Turnover compare to IOUFF and GRVFF?
Harrison Vickers and Waterman's Receivables Turnover of 13.22 can be compared against companies in the Beverages - Alcoholic industry. The industry median Receivables Turnover is 7.79. Harrison Vickers and Waterman's value of 13.22 is 69.8% above 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 Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 7.79, based on 210 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. Harrison Vickers and Waterman's current Receivables Turnover of 13.22 is 69.8% above 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 Harrison Vickers and Waterman and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 7.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrison Vickers and Waterman's current Receivables Turnover is 13.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrison Vickers and Waterman stock overvalued right now?
Harrison Vickers and Waterman (HVCW) has a current Receivables Turnover of 13.22. The current Receivables Turnover is 13.22 and 69.8% above the Beverages - Alcoholic industry median of 7.79. 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 Harrison Vickers and Waterman (HVCW), the current Receivables Turnover is 13.22 as of Jun. 2019. 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.

Harrison Vickers and Waterman Business Description

Address 5781 Schaefer Avenue, Suite C, Chino, CA, USA, 91710
Harrison Vickers and Waterman Inc is a shell company.