KYN Capital Group (KYN Capital Group) Receivables Turnover : 17.02 (As of Sep. 2010)

View and export this data going back to 2006. Start your Free Trial

What is KYN Capital Group 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. KYN Capital Group's Revenue for the three months ended in Sep. 2010 was $1.78 Mil. KYN Capital Group's average Accounts Receivable for the three months ended in Sep. 2010 was $0.10 Mil. Hence, KYN Capital Group's Receivables Turnover for the three months ended in Sep. 2010 was 17.02.

KYN Capital Group Receivables Turnover Historical Data

The historical data trend for KYN Capital Group'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.

* Premium members only.

KYN Capital Group Receivables Turnover Chart

KYN Capital Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Receivables Turnover

258.95

193.34

174.78

191.24

190.90

KYN Capital Group Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Receivables Turnover	Get a 7-Day Free Trial														6.13	80.09	98.12	28.18	17.02

Competitive Comparison of KYN Capital Group's Receivables Turnover

For the Credit Services subindustry, KYN Capital Group'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.

KYN Capital Group's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, KYN Capital Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where KYN Capital Group's Receivables Turnover falls into.

KYN Capital Group Receivables Turnover Calculation

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

KYN Capital Group's Receivables Turnover for the fiscal year that ended in Dec. 2009 is calculated as

	Receivables Turnover (A: Dec. 2009 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2009 )	/ (	(Accounts Receivable (A: Dec. 2008 )	+	Accounts Receivable (A: Dec. 2009 ))	/	count )
=	6.968	/ (	(0.04	+	0.033)	/	2 )
=	6.968	/	0.0365
=	190.90

KYN Capital Group's Receivables Turnover for the quarter that ended in Sep. 2010 is calculated as

	Receivables Turnover (Q: Sep. 2010 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2010 )	/ (	(Accounts Receivable (Q: Jun. 2010 )	+	Accounts Receivable (Q: Sep. 2010 ))	/	count )
=	1.779	/ (	(0.112	+	0.097)	/	2 )
=	1.779	/	0.1045
=	17.02

KYN Capital Group (OTCPK:KYNC) 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.

KYN Capital Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of KYN Capital Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

KYN Capital Group (KYN Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » KYN Capital Group Inc (OTCPK:KYNC) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

800 E College Parkway, Carson City, NV, USA, 89706

Website

https://www.kyncap.com

KYN Capital Group Inc through its wholly-owned subsidiary is involved in real estate acquisitions and asset-based lending. It specializes in acquiring real estate under market value, and the equity that is available for being taken out as capital to be re-invested into, asset-based lending. The company provides asset-based loans for companies and individuals that provide adequate, and suitable collateral for a loan.