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MMTC (Micro Imaging Technology) Receivables Turnover : 0.00 (As of Jul. 2014)


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What is Micro Imaging Technology 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. Micro Imaging Technology's Revenue for the three months ended in Jul. 2014 was $0.00 Mil. Micro Imaging Technology's average Accounts Receivable for the three months ended in Jul. 2014 was $0.00 Mil.


Micro Imaging Technology Receivables Turnover Historical Data

The historical data trend for Micro Imaging Technology'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.

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Micro Imaging Technology Receivables Turnover Chart

Micro Imaging Technology Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Receivables Turnover
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Micro Imaging Technology Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
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Competitive Comparison of Micro Imaging Technology's Receivables Turnover

For the Medical Devices subindustry, Micro Imaging Technology'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.


Micro Imaging Technology's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micro Imaging Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Micro Imaging Technology's Receivables Turnover falls into.



Micro Imaging Technology Receivables Turnover Calculation

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

Micro Imaging Technology's Receivables Turnover for the fiscal year that ended in Oct. 2013 is calculated as

Receivables Turnover (A: Oct. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Oct. 2013 ) / ((Accounts Receivable (A: Oct. 2012 ) + Accounts Receivable (A: Oct. 2013 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Micro Imaging Technology's Receivables Turnover for the quarter that ended in Jul. 2014 is calculated as

Receivables Turnover (Q: Jul. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Jul. 2014 ) / ((Accounts Receivable (Q: Apr. 2014 ) + Accounts Receivable (Q: Jul. 2014 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Micro Imaging Technology  (OTCPK:MMTC) 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.


Micro Imaging Technology Receivables Turnover Related Terms

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Micro Imaging Technology Business Description

Traded in Other Exchanges
N/A
Address
970 Calle Amanecer, Suite F, San Clemente, CA, USA, 92673
Micro Imaging Technology Inc (MIT) is an engaged in developing and manufacturing of laser-based microbial identification system. The device uses the principles of light scattering to discriminate various bacteria cells that are suspended in filtered water. Its MIT 1000 product features 35 photodetectors that surround the sample vial and collect light scattering intensities that are generated when a cell intersects the laser beam.
Executives
Anthony M Frank other: 5% owner

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