Meganet (Meganet) Receivables Turnover : 0.00 (As of Jun. 2017)

View and export this data going back to 2016. Start your Free Trial

What is Meganet 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. Meganet's Revenue for the three months ended in Jun. 2017 was $0.00 Mil. Meganet's average Accounts Receivable for the three months ended in Jun. 2017 was $0.00 Mil.

Meganet Receivables Turnover Historical Data

The historical data trend for Meganet'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.

Meganet Receivables Turnover Chart

Meganet Annual Data

Trend

Mar15

Mar16

Mar17

Receivables Turnover

Meganet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Receivables Turnover	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Meganet's Receivables Turnover

For the Security & Protection Services subindustry, Meganet'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.

Meganet's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Meganet's Receivables Turnover distribution charts can be found below:

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

Meganet Receivables Turnover Calculation

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

Meganet's Receivables Turnover for the fiscal year that ended in Mar. 2017 is calculated as

	Receivables Turnover (A: Mar. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2017 )	/ (	(Accounts Receivable (A: Mar. 2016 )	+	Accounts Receivable (A: Mar. 2017 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Meganet's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

	Receivables Turnover (Q: Jun. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2017 )	/ (	(Accounts Receivable (Q: Mar. 2017 )	+	Accounts Receivable (Q: Jun. 2017 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Meganet (OTCPK:MGNT) 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.

Meganet Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Meganet's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Meganet (Meganet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Meganet Corp (OTCPK:MGNT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120

Website

http://www.meganet.com

Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.