iNeedMD Holdings (iNeedMD Holdings) Receivables Turnover : 0.00 (As of Mar. 2016)

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What is iNeedMD Holdings 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. iNeedMD Holdings's Revenue for the three months ended in Mar. 2016 was $0.00 Mil. iNeedMD Holdings's average Accounts Receivable for the three months ended in Mar. 2016 was $0.00 Mil.

iNeedMD Holdings Receivables Turnover Historical Data

The historical data trend for iNeedMD Holdings'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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iNeedMD Holdings Receivables Turnover Chart

iNeedMD Holdings Annual Data

Trend

Nov12

Nov13

Nov14

Dec15

Receivables Turnover

3.00

2.00

44.00

iNeedMD Holdings Quarterly Data
	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Mar15	Jun15	Sep15	Dec15	Mar16
Receivables Turnover	Get a 7-Day Free Trial										2.40	1.64	1.86	-	-

Competitive Comparison of iNeedMD Holdings's Receivables Turnover

For the Medical Devices subindustry, iNeedMD Holdings'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.

iNeedMD Holdings's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

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

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

iNeedMD Holdings Receivables Turnover Calculation

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

iNeedMD Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

	Receivables Turnover (A: Dec. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2015 )	/ (	(Accounts Receivable (A: Nov. 2014 )	+	Accounts Receivable (A: Dec. 2015 ))	/	count )
=	0.044	/ (	(0	+	0.001)	/	1 )
=	0.044	/	0.001
=	44.00

iNeedMD Holdings's Receivables Turnover for the quarter that ended in Mar. 2016 is calculated as

	Receivables Turnover (Q: Mar. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2016 )	/ (	(Accounts Receivable (Q: Dec. 2015 )	+	Accounts Receivable (Q: Mar. 2016 ))	/	count )
=	0	/ (	(0.001	+	0.001)	/	2 )
=	0	/	0.001
=	N/A

iNeedMD Holdings (GREY:NEMD) 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.

iNeedMD Holdings Receivables Turnover Related Terms

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iNeedMD Holdings (iNeedMD Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iNeedMD Holdings Inc (GREY:NEMD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 First Avenue, Third Floor, New York, NY, USA, 10016

Website

http://www.ineedmd.com

iNeedMD Holdings Inc is a United States of America based medical device development company. The company's products include The EKG Glove and Portable ECG devices. Its product development programs focus on easy-to-use systems for collecting a plurality of diagnostic information and transmitting that data to local and remote locations. The EKG Glove provides healthcare workers with a standardized ECG solution that enables to quickly and accurately assess an individual's cardiac health.

Executives

Thomas Albert Nicolette

director, officer: President and CEO

7 SPRING HOLLOW ROAD, CENTERPORT NY 11721

iNeedMD Holdings (iNeedMD Holdings) Headlines

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