The Initiates (NSA:TIP) Receivables Turnover : 0.00 (As of . 20)

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What is The Initiates 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. The Initiates's Revenue for the six months ended in . 20 was ₦0.00 Mil. The Initiates's average Accounts Receivable for the six months ended in . 20 was ₦0.00 Mil.

The Initiates Receivables Turnover Historical Data

The historical data trend for The Initiates'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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The Initiates Receivables Turnover Chart

The Initiates Annual Data

Trend

Receivables Turnover

The Initiates Semi-Annual Data

Receivables Turnover

Competitive Comparison of The Initiates's Receivables Turnover

For the Waste Management subindustry, The Initiates'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.

The Initiates's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, The Initiates's Receivables Turnover distribution charts can be found below:

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

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The Initiates Receivables Turnover Calculation

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

The Initiates's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

	Receivables Turnover (A: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: . 20 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

The Initiates's Receivables Turnover for the quarter that ended in . 20 is calculated as

	Receivables Turnover (Q: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: . 20 )	/ (	(Accounts Receivable (Q: . 20 )	+	Accounts Receivable (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

The Initiates (NSA:TIP) 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.

The Initiates Receivables Turnover Related Terms

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The Initiates Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » The Initiates PLC (NSA:TIP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 400, Location Road, Off Aba/PH Expressway, P.O. BOX 7242, Umuebule 5, Port Harcourt, Rivers State, NGA

Website

https://www.initiatesgroup.com

The Initiates PLC is a professional waste management company. The company is engaged in delivering Waste Management, Industrial Cleaning and Decontamination services to both Private and Public sectors. It has a multi-disciplinary and flexible workforce and all relevant permits necessary for delivering waste management and industrial cleaning services.