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Ovivo (LVGAF) Receivables Turnover : 1.18 (As of Jun. 2016)


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What is Ovivo 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. Ovivo's Revenue for the three months ended in Jun. 2016 was $63.5 Mil. Ovivo's average Accounts Receivable for the three months ended in Jun. 2016 was $53.8 Mil. Hence, Ovivo's Receivables Turnover for the three months ended in Jun. 2016 was 1.18.


Ovivo Receivables Turnover Historical Data

The historical data trend for Ovivo'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.

Ovivo Receivables Turnover Chart

Ovivo Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 5.20 2.96 3.07 4.17

Ovivo Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.93 - - 1.29 1.18

Competitive Comparison of Ovivo's Receivables Turnover

For the Pollution & Treatment Controls subindustry, Ovivo'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.


Ovivo's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ovivo's Receivables Turnover distribution charts can be found below:

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



Ovivo Receivables Turnover Calculation

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

Ovivo's Receivables Turnover for the fiscal year that ended in Mar. 2016 is calculated as

Receivables Turnover (A: Mar. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2016 ) / ((Accounts Receivable (A: Mar. 2015 ) + Accounts Receivable (A: Mar. 2016 )) / count )
=249.544 / ((65.849 + 53.826) / 2 )
=249.544 / 59.8375
=4.17

Ovivo's Receivables Turnover for the quarter that ended in Jun. 2016 is calculated as

Receivables Turnover (Q: Jun. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2016 ) / ((Accounts Receivable (Q: Mar. 2016 ) + Accounts Receivable (Q: Jun. 2016 )) / count )
=63.465 / ((53.826 + 0) / 1 )
=63.465 / 53.826
=1.18

* 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.


Ovivo  (OTCPK:LVGAF) 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.


Ovivo Receivables Turnover Related Terms

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Ovivo (LVGAF) Business Description

Traded in Other Exchanges
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Address
Ovivo Inc was incorporated in May 15, 2007 in Canada. The Company is a provider of technological solutions used in water treatment well as in pulp and paper production. The Corporation operates in more than 25 countries. The Company and its subsidiaries conduct their activities in two main groups: Ovivo and GL&V Pulp and Paper. The Water Treatment Group (Ovivo) designs and markets treatment and recycling solutions and components for municipal and industrial wastewater as well as water used in various industrial processes. The Group also develops seawater desalination technologies and offers water intake screening solutions for power stations, refineries and water desalination facilities. With its technological portfolio, it is positioned to provide comprehensive solutions for the filtration, clarification, treatment and purification of water to be returned into the environment, re-used in various industrial processes or used for domestic purposes. The pulp and paper Group designs and markets equipment used in various stages of paper production, from pulp preparation to sheet formation and finishing. It also serves with rebuilding, upgrading and optimization services for existing equipment, as well as the sale of replacement parts. The Company operates in following geographic segment: United States, Canada, United Kingdom, Other - Europe and Russia, Asia and Asia-Pacific, Middle East and Africa & Latin America.