MCIM (Macau Capital Investments) Receivables Turnover: 3.18 (As of Mar. 2002)

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What is Macau Capital Investments Receivables Turnover?

Macau Capital Investments MCIM Receivables Turnover is 3.18 as of Mar. 2002.

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. Macau Capital Investments's Revenue for the three months ended in Mar. 2002 was $0.10 Mil. Macau Capital Investments's average Accounts Receivable for the three months ended in Mar. 2002 was $0.03 Mil. Hence, Macau Capital Investments's Receivables Turnover for the three months ended in Mar. 2002 was 3.18.


Macau Capital Investments  (OTCPK:MCIM) 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.


Macau Capital Investments Receivables Turnover Related Terms


Macau Capital Investments Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Macau Capital Investments'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.

Macau Capital Investments Receivables Turnover Chart

Macau Capital Investments Annual Data
Trend Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 2.48

Macau Capital Investments Quarterly Data
Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02
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 1.18 0.91 3.16 3.18

MCIM vs CWSS, OCLN, HDII: Receivables Turnover Comparison

For the Waste Management subindustry, Macau Capital Investments'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.


Macau Capital Investments Receivables Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, Macau Capital Investments's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Macau Capital Investments's Receivables Turnover falls into.



Macau Capital Investments Receivables Turnover Calculation

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

Macau Capital Investments's Receivables Turnover for the fiscal year that ended in Mar. 2001 is calculated as

Receivables Turnover (A: Mar. 2001 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2001 ) / ((Accounts Receivable (A: Mar. 2000 ) + Accounts Receivable (A: Mar. 2001 )) / count )
=1.182 / ((0 + 0.476) / 1 )
=1.182 / 0.476
=2.48

Macau Capital Investments's Receivables Turnover for the quarter that ended in Mar. 2002 is calculated as

Receivables Turnover (Q: Mar. 2002 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2002 ) / ((Accounts Receivable (Q: Dec. 2001 ) + Accounts Receivable (Q: Mar. 2002 )) / count )
=0.097 / ((0.053 + 0.008) / 2 )
=0.097 / 0.0305
=3.18

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.18 mean?
Macau Capital Investments (MCIM) has a Receivables Turnover of 3.18 as of Mar. 2002. 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 Macau Capital Investments and its competitors.
Is Macau Capital Investments' Receivables Turnover too high?
Macau Capital Investments' current Receivables Turnover is 3.18. The Waste Management industry median Receivables Turnover is 4.70. Macau Capital Investments' value of 3.18 is 32.3% below this industry median.
How does Macau Capital Investments' Receivables Turnover compare to CWSS and OCLN?
Macau Capital Investments' Receivables Turnover of 3.18 can be compared against companies in the Waste Management industry. The industry median Receivables Turnover is 4.70. Macau Capital Investments' value of 3.18 is 32.3% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.70, based on 234 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. Macau Capital Investments's current Receivables Turnover of 3.18 is 32.3% 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 Macau Capital Investments and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau Capital Investments's current Receivables Turnover is 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau Capital Investments stock overvalued right now?
Macau Capital Investments (MCIM) has a current Receivables Turnover of 3.18. The current Receivables Turnover is 3.18 and 32.3% below the Waste Management industry median of 4.70. 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 Macau Capital Investments (MCIM), the current Receivables Turnover is 3.18 as of Mar. 2002. 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.

Macau Capital Investments Business Description

Address 1001 Texas Avenue, Suite 1400, Houston, TX, USA, 77002
Macau Capital Investments Inc is a waste management assets holdings company. Through its subsidiaries, it provides solid waste and medical waste removal services to customers in its targeted market.