IAGX (Imagenetix) Receivables Turnover: 1.05 (As of Jun. 2015)

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What is Imagenetix Receivables Turnover?

Imagenetix IAGX -99.00% Receivables Turnover is 1.05 as of Jun. 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. Imagenetix's Revenue for the three months ended in Jun. 2015 was $0.38 Mil. Imagenetix's average Accounts Receivable for the three months ended in Jun. 2015 was $0.36 Mil. Hence, Imagenetix's Receivables Turnover for the three months ended in Jun. 2015 was 1.05.


Imagenetix  (OTCPK:IAGX) 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.


Imagenetix Receivables Turnover Related Terms


Imagenetix Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Imagenetix'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.

Imagenetix Receivables Turnover Chart

Imagenetix Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar13 Mar15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.02 6.15 8.29 0.95 0.00

Imagenetix Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Dec12 Mar13 Jun13 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.80 0.00 1.05

IAGX vs NUVPF, ADMD, RSPI: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Imagenetix'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.


Imagenetix Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Imagenetix's Receivables Turnover distribution charts can be found below:

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



Imagenetix Receivables Turnover Calculation

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

Imagenetix's Receivables Turnover for the fiscal year that ended in Mar. 2015 is calculated as

Receivables Turnover (A: Mar. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2015 ) / ((Accounts Receivable (A: Mar. 2013 ) + Accounts Receivable (A: Mar. 2015 )) / count )
=0 / ((0 + 0.336) / 1 )
=0 / 0.336
=N/A

Imagenetix's Receivables Turnover for the quarter that ended in Jun. 2015 is calculated as

Receivables Turnover (Q: Jun. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2015 ) / ((Accounts Receivable (Q: Mar. 2015 ) + Accounts Receivable (Q: Jun. 2015 )) / count )
=0.378 / ((0.336 + 0.383) / 2 )
=0.378 / 0.3595
=1.05

* 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 1.05 mean?
Imagenetix (IAGX) has a Receivables Turnover of 1.05 as of Jun. 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 Imagenetix and its competitors.
Is Imagenetix's Receivables Turnover too high?
Imagenetix's current Receivables Turnover is 1.05. The Drug Manufacturers industry median Receivables Turnover is 5.07. Imagenetix's value of 1.05 is 79.3% below this industry median.
How does Imagenetix's Receivables Turnover compare to NUVPF and ADMD?
Imagenetix's Receivables Turnover of 1.05 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. Imagenetix's value of 1.05 is 79.3% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 949 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. Imagenetix's current Receivables Turnover of 1.05 is 79.3% 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 Imagenetix and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imagenetix's current Receivables Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imagenetix stock overvalued right now?
Imagenetix (IAGX) has a current Receivables Turnover of 1.05. The current Receivables Turnover is 1.05 and 79.3% below the Drug Manufacturers industry median of 5.07. 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 Imagenetix (IAGX), the current Receivables Turnover is 1.05 as of Jun. 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.

Imagenetix Business Description

Address 10845 Rancho Bernardo Road, Suite 105, San Diego, CA, USA, 92127
Imagenetix Inc is engaged in developing, formulating licensing and selling over-the-counter, natural-based nutritional supplements. Its products include Celadrin, a product formulation for joint health; and Periodyne a periodontal product. These products are offered through multiple channels of distribution, including direct marketing companies, also known as network marketing or multi-level marketing companies and chain store retailers. Geographically all the business activities are functioned primarily through the United States.