LCCN (LeapCharger) Receivables Turnover: 1.83 (As of Aug. 2023)


What is LeapCharger Receivables Turnover?

LeapCharger LCCN Receivables Turnover is 1.83 as of Aug. 2023.

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. LeapCharger's Revenue for the three months ended in Aug. 2023 was $0.04 Mil. LeapCharger's average Accounts Receivable for the three months ended in Aug. 2023 was $0.02 Mil. Hence, LeapCharger's Receivables Turnover for the three months ended in Aug. 2023 was 1.83.

LeapCharger  (OTCPK:LCCN) 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.

LeapCharger Receivables Turnover Related Terms

LeapCharger Receivables Turnover Historical Data

* Premium members only.

The historical data trend for LeapCharger'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.

LeapCharger Receivables Turnover Chart

LeapCharger Annual Data
Trend Dec10 Dec11 Dec12 Nov13 Nov14
Receivables Turnover
17.33 23.50 35.33 0.00 4.75

LeapCharger Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 Aug23
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 0.00 0.00 0.00 0.00 1.83

LCCN vs HLLK, CDXQ, CIRX: Receivables Turnover Comparison

For the Conglomerates subindustry, LeapCharger'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.

LeapCharger Receivables Turnover vs Conglomerates Industry

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

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


LeapCharger Receivables Turnover Calculation

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

LeapCharger's Receivables Turnover for the fiscal year that ended in Nov. 2014 is calculated as

Receivables Turnover (A: Nov. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2014 ) / ((Accounts Receivable (A: Nov. 2013 ) + Accounts Receivable (A: Nov. 2014 )) / count )
=0.038 / ((0.005 + 0.011) / 2 )
=0.038 / 0.008
=4.75

LeapCharger's Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

Receivables Turnover (Q: Aug. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Aug. 2023 ) / ((Accounts Receivable (Q: Aug. 2022 ) + Accounts Receivable (Q: Aug. 2023 )) / count )
=0.044 / ((0 + 0.024) / 1 )
=0.044 / 0.024
=1.83

* 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 1.83 mean?
LeapCharger (LCCN) has a Receivables Turnover of 1.83 as of Aug. 2023. 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 LeapCharger and its competitors.
Is LeapCharger's Receivables Turnover too high?
LeapCharger's current Receivables Turnover is 1.83. The Conglomerates industry median Receivables Turnover is 6.31. LeapCharger's value of 1.83 is 71% below this industry median.
How does LeapCharger's Receivables Turnover compare to HLLK and CDXQ?
LeapCharger's Receivables Turnover of 1.83 can be compared against companies in the Conglomerates industry. The industry median Receivables Turnover is 6.31. LeapCharger's value of 1.83 is 71% below 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 544 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. LeapCharger's current Receivables Turnover of 1.83 is 71% below 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 LeapCharger and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LeapCharger's current Receivables Turnover is 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LeapCharger stock overvalued right now?
LeapCharger (LCCN) has a current Receivables Turnover of 1.83. The current Receivables Turnover is 1.83 and 71% below the Conglomerates industry median of 6.31. 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 LeapCharger (LCCN), the current Receivables Turnover is 1.83 as of Aug. 2023. 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.

LeapCharger Business Description

Address 321 W. Winnie Lane, Suite 104, Carson City, NV, USA, 89703
LeapCharger Corp formerly Greenplex Services Inc is doing business with electric vehicle (EV) charging solutions for consumers and businesses.