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

What is Leone Asset Management Receivables Turnover?

Leone Asset Management LEON -0.55% Receivables Turnover is 1.74 as of Dec. 2018.

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 (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

Leone Asset Management Receivables Turnover Historical Data

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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.

Leone Asset Management Receivables Turnover Chart

Leone Asset Management Annual Data

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Dec07

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Dec18

Receivables Turnover

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0.00

0.89

6.93

4.91

Leone Asset Management Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Receivables Turnover	Get a 7-Day Free Trial															0.72	1.43	0.71	0.75	1.74

LEON vs PTMN, TZAC, AINC: Receivables Turnover Comparison

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 Receivables Turnover vs 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.

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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 Accounts Receivable
=	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 Accounts Receivable
=	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

Frequently Asked Questions Learn more about Receivables Turnover →

What does a Receivables Turnover of 1.74 mean?

Leone Asset Management (LEON) has a Receivables Turnover of 1.74 as of Dec. 2018. 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 Leone Asset Management and its competitors.

Is Leone Asset Management's Receivables Turnover too high?

Leone Asset Management's current Receivables Turnover is 1.74. The Conglomerates industry median Receivables Turnover is 6.31. Leone Asset Management's value of 1.74 is 72.4% below this industry median.

How does Leone Asset Management's Receivables Turnover compare to PTMN and TZAC?

Leone Asset Management's Receivables Turnover of 1.74 can be compared against companies in the Conglomerates industry. The industry median Receivables Turnover is 6.31. Leone Asset Management's value of 1.74 is 72.4% 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 541 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. Leone Asset Management's current Receivables Turnover of 1.74 is 72.4% 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 Leone Asset Management 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. Leone Asset Management's current Receivables Turnover is 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Leone Asset Management stock overvalued right now?

Leone Asset Management (LEON) has a current Receivables Turnover of 1.74. The current Receivables Turnover is 1.74 and 72.4% 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 Leone Asset Management (LEON), the current Receivables Turnover is 1.74 as of Dec. 2018. 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.

Leone Asset Management Business Description

Industry Industrials Conglomerates

Comparable Companies PTMN TZAC XTER:A8A ASX:OVH KUW:ASIYA XKRX:019660 AINC ASX:ARA TSX:BK ADX:TNI XTER:A7A TSE:8737 LSE:HW.GECC TSX:URB FRA:SPT6 OSTO:EOS TSX:BGI.UN LSE:REC HKSE:08313

Address 801 West Bay Drive, Suite 715, Largo, FL, USA, 33770

Website https://www.leoneasset.com

Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.