Innovaro (Innovaro) Receivables Turnover : 1.20 (As of Sep. 2013)

Innovaro Receivables Turnover Chart

Innovaro Annual Data
	Trend	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Receivables Turnover		Get a 7-Day Free Trial					15.24	5.71	7.99	0.46	3.02

Innovaro Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Receivables Turnover	Get a 7-Day Free Trial															0.50	0.62	0.87	0.96	1.20

Competitive Comparison of Innovaro's Receivables Turnover

For the Shell Companies subindustry, Innovaro'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.

Innovaro's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovaro's Receivables Turnover distribution charts can be found below:

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

Innovaro Receivables Turnover Calculation

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

Innovaro's Receivables Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Innovaro's Receivables Turnover for the quarter that ended in Sep. 2013 is calculated as

* 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.

Innovaro  (OTCPK:INNI) 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.

Innovaro Receivables Turnover Related Terms

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Innovaro (Innovaro) Business Description