IFLM (Independent Film Development) Receivables Turnover: 0.00 (As of Jun. 2016)

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What is Independent Film Development Receivables Turnover?

Independent Film Development IFLM -90.00% Receivables Turnover is 0.00 as of Jun. 2016.

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. Independent Film Development's Revenue for the three months ended in Jun. 2016 was $0.06 Mil. Independent Film Development's average Accounts Receivable for the three months ended in Jun. 2016 was $0.00 Mil.


Independent Film Development  (OTCPK:IFLM) 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.


Independent Film Development Receivables Turnover Related Terms


Independent Film Development Receivables Turnover Historical Data

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The historical data trend for Independent Film Development'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.

Independent Film Development Receivables Turnover Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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

IFLM vs ASKH, CRCO, PTSX: Receivables Turnover Comparison

For the Entertainment subindustry, Independent Film Development'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.


Independent Film Development Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Independent Film Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Independent Film Development's Receivables Turnover falls into.



Independent Film Development Receivables Turnover Calculation

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

Independent Film Development's Receivables Turnover for the fiscal year that ended in Sep. 2015 is calculated as

Receivables Turnover (A: Sep. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2015 ) / ((Accounts Receivable (A: Sep. 2014 ) + Accounts Receivable (A: Sep. 2015 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Independent Film Development's Receivables Turnover for the quarter that ended in Jun. 2016 is calculated as

Receivables Turnover (Q: Jun. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2016 ) / ((Accounts Receivable (Q: Mar. 2016 ) + Accounts Receivable (Q: Jun. 2016 )) / count )
=0.058 / ((0 + 0) / 1 )
=0.058 / 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?
Independent Film Development (IFLM) has a Receivables Turnover of 0.00 as of Jun. 2016. 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 Independent Film Development and its competitors.
Is Independent Film Development's Receivables Turnover too high?
Independent Film Development's current Receivables Turnover is 0.00.
How does Independent Film Development's Receivables Turnover compare to ASKH and CRCO?
Independent Film Development's Receivables Turnover of 0.00 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.33. 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.33, based on 1,004 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 Independent Film Development and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Film Development'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 Independent Film Development stock overvalued right now?
Independent Film Development (IFLM) 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 Independent Film Development (IFLM), the current Receivables Turnover is 0.00 as of Jun. 2016. 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.

Independent Film Development Business Description

Address 2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.