IVST (Innovest Global) Receivables Turnover : 0.00 (As of Jun. 2009)

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What is Innovest Global Receivables Turnover?

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. Innovest Global's Revenue for the three months ended in Jun. 2009 was $0.00 Mil. Innovest Global's average Accounts Receivable for the three months ended in Jun. 2009 was $0.02 Mil.

Innovest Global Receivables Turnover Historical Data

The historical data trend for Innovest Global'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.

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Innovest Global Receivables Turnover Chart

Innovest Global Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Receivables Turnover

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24.79

21.95

29.84

88.31

Innovest Global Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Receivables Turnover	Get a 7-Day Free Trial															8.18	6.08	-	9.94	-

Competitive Comparison of Innovest Global's Receivables Turnover

For the Conglomerates subindustry, Innovest Global'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.

Innovest Global's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Innovest Global's Receivables Turnover distribution charts can be found below:

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

Innovest Global Receivables Turnover Calculation

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

Innovest Global's Receivables Turnover for the fiscal year that ended in Dec. 2008 is calculated as

	Receivables Turnover (A: Dec. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2008 )	/ (	(Accounts Receivable (A: Dec. 2007 )	+	Accounts Receivable (A: Dec. 2008 ))	/	count )
=	0	/ (	(0.006	+	0.014)	/	2 )
=	0	/	0.01
=	N/A

Innovest Global's Receivables Turnover for the quarter that ended in Jun. 2009 is calculated as

	Receivables Turnover (Q: Jun. 2009 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2009 )	/ (	(Accounts Receivable (Q: Mar. 2009 )	+	Accounts Receivable (Q: Jun. 2009 ))	/	count )
=	0	/ (	(0.017	+	0.018)	/	2 )
=	0	/	0.0175
=	N/A

Innovest Global (OTCPK:IVST) 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.

Innovest Global Receivables Turnover Related Terms

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Innovest Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Innovest Global Inc (OTCPK:IVST) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

8834 Mayfield Road, Chesterland, OH, USA, 44026

Website

https://www.innovestglobal.com

Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.