NTFL (Network 1 Financial Group) Receivables Turnover: 7.44 (As of Mar. 2012)

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What is Network 1 Financial Group Receivables Turnover?

Network 1 Financial Group NTFL Receivables Turnover is 7.44 as of Mar. 2012.

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. Network 1 Financial Group's Revenue for the three months ended in Mar. 2012 was $0.61 Mil. Network 1 Financial Group's average Accounts Receivable for the three months ended in Mar. 2012 was $0.08 Mil. Hence, Network 1 Financial Group's Receivables Turnover for the three months ended in Mar. 2012 was 7.44.

Network 1 Financial Group  (OTCPK:NTFL) 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.

Network 1 Financial Group Receivables Turnover Related Terms

Network 1 Financial Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Network 1 Financial 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.

Network 1 Financial Group Receivables Turnover Chart

Network 1 Financial Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Jun09 Jun10 Jun11
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 70.34 62.34 26.31

Network 1 Financial Group Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 3.28 4.14 10.30 20.31 7.44

Network 1 Financial Group Receivables Turnover Competitor Comparison

For the Capital Markets subindustry, Network 1 Financial 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.

Network 1 Financial Group Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Network 1 Financial Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Network 1 Financial Group's Receivables Turnover falls into.


Network 1 Financial Group Receivables Turnover Calculation

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

Network 1 Financial Group's Receivables Turnover for the fiscal year that ended in Jun. 2011 is calculated as

Receivables Turnover (A: Jun. 2011 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2011 ) / ((Accounts Receivable (A: Jun. 2010 ) + Accounts Receivable (A: Jun. 2011 )) / count )
=2.052 / ((0 + 0.078) / 1 )
=2.052 / 0.078
=26.31

Network 1 Financial Group's Receivables Turnover for the quarter that ended in Mar. 2012 is calculated as

Receivables Turnover (Q: Mar. 2012 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2012 ) / ((Accounts Receivable (Q: Dec. 2011 ) + Accounts Receivable (Q: Mar. 2012 )) / count )
=0.606 / ((0.063 + 0.1) / 2 )
=0.606 / 0.0815
=7.44

* 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 7.44 mean?
Network 1 Financial Group (NTFL) has a Receivables Turnover of 7.44 as of Mar. 2012. 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 Network 1 Financial Group and its competitors.
Is Network 1 Financial Group's Receivables Turnover too high?
Network 1 Financial Group's current Receivables Turnover is 7.44. The Capital Markets industry median Receivables Turnover is 6.85. Network 1 Financial Group's value of 7.44 is 8.6% above this industry median.
How does Network 1 Financial Group's Receivables Turnover compare to competitors?
Network 1 Financial Group's Receivables Turnover of 7.44 can be compared against companies in the Capital Markets industry. The industry median Receivables Turnover is 6.85. Network 1 Financial Group's value of 7.44 is 8.6% above 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.85, based on 579 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. Network 1 Financial Group's current Receivables Turnover of 7.44 is 8.6% above 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 Network 1 Financial Group and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Network 1 Financial Group's current Receivables Turnover is 7.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Network 1 Financial Group stock overvalued right now?
Network 1 Financial Group (NTFL) has a current Receivables Turnover of 7.44. The current Receivables Turnover is 7.44 and 8.6% above the Capital Markets industry median of 6.85. 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 Network 1 Financial Group (NTFL), the current Receivables Turnover is 7.44 as of Mar. 2012. 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.

Network 1 Financial Group Business Description

Address 2 Bridge Avenue, Suite 241, Red Bank, NJ, USA, 07701
Network 1 Financial Group Inc is registered as a broker-dealer with the Securities and Exchange Commission in the State of Texas and various other states. The company's clients include high net worth individuals from many countries, institutional investors, managed pension funds, and hedge funds.