NOEC (New Oriental Energy & Chemical) Receivables Turnover: (As of Dec. 2010)

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What is New Oriental Energy & Chemical 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. New Oriental Energy & Chemical's Revenue for the three months ended in Dec. 2010 was $0.94 Mil. New Oriental Energy & Chemical's average Accounts Receivable for the three months ended in Dec. 2010 was $0.00 Mil.

New Oriental Energy & Chemical  (OTCPK:NOEC) 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.

New Oriental Energy & Chemical Receivables Turnover Related Terms

New Oriental Energy & Chemical Receivables Turnover Historical Data

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The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Receivables Turnover Chart

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NOEC vs RTKHQ, LBTD, CVAT: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, New Oriental Energy & Chemical's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where New Oriental Energy & Chemical's Receivables Turnover falls into.


New Oriental Energy & Chemical Receivables Turnover Calculation

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

New Oriental Energy & Chemical's Receivables Turnover for the fiscal year that ended in Mar. 2010 is calculated as

Receivables Turnover (A: Mar. 2010 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2010 ) / ((Accounts Receivable (A: Mar. 2009 ) + Accounts Receivable (A: Mar. 2010 )) / count )
=32.463882 / (( + ) / 1 )
=32.463882 / 0
=N/A

New Oriental Energy & Chemical's Receivables Turnover for the quarter that ended in Dec. 2010 is calculated as

Receivables Turnover (Q: Dec. 2010 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2010 ) / ((Accounts Receivable (Q: Sep. 2010 ) + Accounts Receivable (Q: Dec. 2010 )) / count )
=0.943757 / (( + ) / 1 )
=0.943757 / 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.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.