NMXS (Net Medical Xpress Solutions) Receivables Turnover: 2.63 (As of Jun. 2018)

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What is Net Medical Xpress Solutions Receivables Turnover?

Net Medical Xpress Solutions NMXS +0.14% Receivables Turnover is 2.63 as of Jun. 2018.

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. Net Medical Xpress Solutions's Revenue for the three months ended in Jun. 2018 was $0.55 Mil. Net Medical Xpress Solutions's average Accounts Receivable for the three months ended in Jun. 2018 was $0.21 Mil. Hence, Net Medical Xpress Solutions's Receivables Turnover for the three months ended in Jun. 2018 was 2.63.


Net Medical Xpress Solutions  (OTCPK:NMXS) 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.


Net Medical Xpress Solutions Receivables Turnover Related Terms


Net Medical Xpress Solutions Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Net Medical Xpress Solutions'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.

Net Medical Xpress Solutions Receivables Turnover Chart

Net Medical Xpress Solutions Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 7.64 7.72 8.36 8.89

Net Medical Xpress Solutions Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Jun18
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 2.47 2.29 2.63 2.48 2.63

NMXS vs TVMD, UCBB, ESSI: Receivables Turnover Comparison

For the Health Information Services subindustry, Net Medical Xpress Solutions'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.


Net Medical Xpress Solutions Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Net Medical Xpress Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Net Medical Xpress Solutions's Receivables Turnover falls into.



Net Medical Xpress Solutions Receivables Turnover Calculation

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

Net Medical Xpress Solutions's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=3.045 / ((0.429 + 0.256) / 2 )
=3.045 / 0.3425
=8.89

Net Medical Xpress Solutions's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

Receivables Turnover (Q: Jun. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2018 ) / ((Accounts Receivable (Q: Mar. 2018 ) + Accounts Receivable (Q: Jun. 2018 )) / count )
=0.546 / ((0.167 + 0.249) / 2 )
=0.546 / 0.208
=2.63

* 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 2.63 mean?
Net Medical Xpress Solutions (NMXS) has a Receivables Turnover of 2.63 as of Jun. 2018. 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 Net Medical Xpress Solutions and its competitors.
Is Net Medical Xpress Solutions' Receivables Turnover too high?
Net Medical Xpress Solutions' current Receivables Turnover is 2.63. The Healthcare Providers & Services industry median Receivables Turnover is 7.80. Net Medical Xpress Solutions' value of 2.63 is 66.3% below this industry median.
How does Net Medical Xpress Solutions' Receivables Turnover compare to TVMD and UCBB?
Net Medical Xpress Solutions' Receivables Turnover of 2.63 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.80. Net Medical Xpress Solutions' value of 2.63 is 66.3% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.80, based on 658 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. Net Medical Xpress Solutions's current Receivables Turnover of 2.63 is 66.3% 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 Net Medical Xpress Solutions and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net Medical Xpress Solutions's current Receivables Turnover is 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Medical Xpress Solutions stock overvalued right now?
Net Medical Xpress Solutions (NMXS) has a current Receivables Turnover of 2.63. The current Receivables Turnover is 2.63 and 66.3% below the Healthcare Providers & Services industry median of 7.80. 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 Net Medical Xpress Solutions (NMXS), the current Receivables Turnover is 2.63 as of Jun. 2018. 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.

Net Medical Xpress Solutions Business Description

Address 8206 Louisiana Boulevard NE, Suite A, Albuquerque, NM, USA, 87113
Net Medical Xpress Solutions Inc is engaged in providing solutions to the telemedicine industry which deliver medical laboratory services. It offers proprietary software that links electronic medical records while enabling state-of-the-art conferencing and communications. The company's mobile fleet of vans is utilized to provide sales support for its clinical research organization. It also offers call centers, proprietary hardware implementations, diagnostic and clinical services, and software research and development capabilities.