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

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What is Jupiter Marine International Holdings Receivables Turnover?

Jupiter Marine International Holdings JMIH Receivables Turnover is 77.94 as of Oct. 2007.

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  (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


Jupiter Marine International Holdings Receivables Turnover Historical Data

* Premium members only.

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.

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
Jul01 Oct01 Jul03 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 Premium Member Only Premium Member Only 20.17 29.63 102.03 84.25 77.94

JMIH vs GBBT, MLFB, BTDG: Receivables Turnover Comparison

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 Receivables Turnover vs 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 Accounts Receivable
=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 Accounts Receivable
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 77.94 mean?
Jupiter Marine International Holdings (JMIH) has a Receivables Turnover of 77.94 as of Oct. 2007. 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 Jupiter Marine International Holdings and its competitors.
Is Jupiter Marine International Holdings' Receivables Turnover too high?
Jupiter Marine International Holdings' current Receivables Turnover is 77.94. The Travel & Leisure industry median Receivables Turnover is 14.10. Jupiter Marine International Holdings' value of 77.94 is 452.8% above this industry median.
How does Jupiter Marine International Holdings' Receivables Turnover compare to GBBT and MLFB?
Jupiter Marine International Holdings' Receivables Turnover of 77.94 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 14.10. Jupiter Marine International Holdings' value of 77.94 is 452.8% above 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.10, based on 832 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. Jupiter Marine International Holdings's current Receivables Turnover of 77.94 is 452.8% above 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 Jupiter Marine International Holdings and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jupiter Marine International Holdings's current Receivables Turnover is 77.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Marine International Holdings stock overvalued right now?
Jupiter Marine International Holdings (JMIH) has a current Receivables Turnover of 77.94. The current Receivables Turnover is 77.94 and 452.8% above the Travel & Leisure industry median of 14.10. 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 Jupiter Marine International Holdings (JMIH), the current Receivables Turnover is 77.94 as of Oct. 2007. 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.

Jupiter Marine International Holdings Business Description

Address 1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like Jupiter 26, Jupiter 34, 340LS, 380LS and others. Geographically the business activities are carried out through Palmetto, Florida.