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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Receivables Turnover : 77.94 (As of Oct. 2007)


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What is Jupiter Marine International Holdings 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. Jupiter Marine International Holdings's Revenue for the three months ended in Oct. 2007 was $3.86 Mil. Jupiter Marine International Holdings's average Accounts Receivable for the three months ended in Oct. 2007 was $0.05 Mil. Hence, Jupiter Marine International Holdings's Receivables Turnover for the three months ended in Oct. 2007 was 77.94.


Jupiter Marine International Holdings Receivables Turnover Historical Data

The historical data trend for Jupiter Marine International Holdings'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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Jupiter Marine International Holdings Receivables Turnover Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
Receivables Turnover
Get a 7-Day Free Trial 113.46 120.01 121.30 87.07 135.94

Jupiter Marine International Holdings Quarterly Data
Oct01 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 20.17 29.63 102.03 84.25 77.94

Competitive Comparison of Jupiter Marine International Holdings's Receivables Turnover

For the Leisure subindustry, Jupiter Marine International Holdings'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.


Jupiter Marine International Holdings's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jupiter Marine International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jupiter Marine International Holdings's Receivables Turnover falls into.



Jupiter Marine International Holdings Receivables Turnover Calculation

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

Jupiter Marine International Holdings's Receivables Turnover for the fiscal year that ended in Jul. 2007 is calculated as

Receivables Turnover (A: Jul. 2007 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2007 ) / ((Accounts Receivable (A: Jul. 2006 ) + Accounts Receivable (A: Jul. 2007 )) / count )
=15.225 / ((0.176 + 0.048) / 2 )
=15.225 / 0.112
=135.94

Jupiter Marine International Holdings's Receivables Turnover for the quarter that ended in Oct. 2007 is calculated as

Receivables Turnover (Q: Oct. 2007 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2007 ) / ((Accounts Receivable (Q: Jul. 2007 ) + Accounts Receivable (Q: Oct. 2007 )) / count )
=3.858 / ((0.048 + 0.051) / 2 )
=3.858 / 0.0495
=77.94

* 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.


Jupiter Marine International Holdings  (OTCPK:JMIH) 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.


Jupiter Marine International Holdings Receivables Turnover Related Terms

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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

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