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Leone Asset Management (Leone Asset Management) Receivables Turnover : 1.74 (As of Dec. 2018)


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What is Leone Asset Management 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. Leone Asset Management's Revenue for the three months ended in Dec. 2018 was $0.07 Mil. Leone Asset Management's average Accounts Receivable for the three months ended in Dec. 2018 was $0.04 Mil. Hence, Leone Asset Management's Receivables Turnover for the three months ended in Dec. 2018 was 1.74.


Leone Asset Management Receivables Turnover Historical Data

The historical data trend for Leone Asset Management'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.

Leone Asset Management Receivables Turnover Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.89 6.93 4.91

Leone Asset Management Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Dec12 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.72 1.43 0.71 0.75 1.74

Competitive Comparison of Leone Asset Management's Receivables Turnover

For the Conglomerates subindustry, Leone Asset Management'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.


Leone Asset Management's Receivables Turnover Distribution in the Conglomerates Industry

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

* The bar in red indicates where Leone Asset Management's Receivables Turnover falls into.



Leone Asset Management Receivables Turnover Calculation

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

Leone Asset Management's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=0.233 / ((0.058 + 0.037) / 2 )
=0.233 / 0.0475
=4.91

Leone Asset Management's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

Receivables Turnover (Q: Dec. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2018 ) / ((Accounts Receivable (Q: Sep. 2018 ) + Accounts Receivable (Q: Dec. 2018 )) / count )
=0.067 / ((0.04 + 0.037) / 2 )
=0.067 / 0.0385
=1.74

* 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.


Leone Asset Management  (OTCPK:LEON) 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.


Leone Asset Management Receivables Turnover Related Terms

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Leone Asset Management (Leone Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness, Research and Development, Agriculture Management and Infrastructure development. The company provides services such as Health and Nutrition Products Manufacturing and Distribution to its clients.

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