MSGP (MedSmart Group) Receivables Turnover: 1.31 (As of Sep. 2014)


What is MedSmart Group Receivables Turnover?

MedSmart Group MSGP Receivables Turnover is 1.31 as of Sep. 2014.

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. MedSmart Group's Revenue for the three months ended in Sep. 2014 was $0.11 Mil. MedSmart Group's average Accounts Receivable for the three months ended in Sep. 2014 was $0.08 Mil. Hence, MedSmart Group's Receivables Turnover for the three months ended in Sep. 2014 was 1.31.

MedSmart Group  (OTCPK:MSGP) 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.

MedSmart Group Receivables Turnover Related Terms

MedSmart Group Receivables Turnover Historical Data

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The historical data trend for MedSmart Group'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.

MedSmart Group Receivables Turnover Chart

MedSmart Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.00 0.00 0.00 0.00 7.23

MedSmart Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 2.69 4.41 2.26 1.65 1.31

MSGP vs BCYP, MBIOF, LOGX: Receivables Turnover Comparison

For the Medical Care Facilities subindustry, MedSmart Group'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.

MedSmart Group Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MedSmart Group's Receivables Turnover distribution charts can be found below:

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


MedSmart Group Receivables Turnover Calculation

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

MedSmart Group's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=0.542 / ((0 + 0.075) / 1 )
=0.542 / 0.075
=7.23

MedSmart Group's Receivables Turnover for the quarter that ended in Sep. 2014 is calculated as

Receivables Turnover (Q: Sep. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2014 ) / ((Accounts Receivable (Q: Jun. 2014 ) + Accounts Receivable (Q: Sep. 2014 )) / count )
=0.106 / ((0.078 + 0.084) / 2 )
=0.106 / 0.081
=1.31

* 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 1.31 mean?
MedSmart Group (MSGP) has a Receivables Turnover of 1.31 as of Sep. 2014. 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 MedSmart Group and its competitors.
Is MedSmart Group's Receivables Turnover too high?
MedSmart Group's current Receivables Turnover is 1.31. The Healthcare Providers & Services industry median Receivables Turnover is 7.68. MedSmart Group's value of 1.31 is 82.9% below this industry median.
How does MedSmart Group's Receivables Turnover compare to BCYP and MBIOF?
MedSmart Group's Receivables Turnover of 1.31 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.68. MedSmart Group's value of 1.31 is 82.9% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.68, based on 657 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. MedSmart Group's current Receivables Turnover of 1.31 is 82.9% 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 MedSmart Group and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MedSmart Group's current Receivables Turnover is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedSmart Group stock overvalued right now?
MedSmart Group (MSGP) has a current Receivables Turnover of 1.31. The current Receivables Turnover is 1.31 and 82.9% below the Healthcare Providers & Services industry median of 7.68. 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 MedSmart Group (MSGP), the current Receivables Turnover is 1.31 as of Sep. 2014. 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.

MedSmart Group Business Description

Address 26 Broadway, Suite 934, New York, NY, USA, 10004
MedSmart Group Inc is a men wellness center. It is a professional network of medical centers specializing in Anti-Aging Treatments that improve the overall health and quality-of-life of male patients in a comfortable, casual and discreet setting.