News Communications (News Communications) Receivables Turnover : 11.99 (As of Dec. 2004)

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What is News Communications 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. News Communications's Revenue for the six months ended in Dec. 2004 was $12.17 Mil. News Communications's average Accounts Receivable for the six months ended in Dec. 2004 was $1.02 Mil. Hence, News Communications's Receivables Turnover for the six months ended in Dec. 2004 was 11.99.

News Communications Receivables Turnover Historical Data

The historical data trend for News Communications'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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News Communications Receivables Turnover Chart

News Communications Annual Data

Trend

Nov96

Nov97

Nov98

Nov99

Dec00

Dec01

Dec02

Dec03

Dec04

Receivables Turnover

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8.35

7.23

11.27

21.67

11.99

News Communications Semi-Annual Data
	Nov96	Nov97	Nov98	Nov99	Dec00	Dec01	Dec02	Dec03	Dec04
Receivables Turnover	Get a 7-Day Free Trial				8.35	7.23	11.27	21.67	11.99

Competitive Comparison of News Communications's Receivables Turnover

For the Publishing subindustry, News Communications'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.

News Communications's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, News Communications's Receivables Turnover distribution charts can be found below:

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

News Communications Receivables Turnover Calculation

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

News Communications's Receivables Turnover for the fiscal year that ended in Dec. 2004 is calculated as

	Receivables Turnover (A: Dec. 2004 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2004 )	/ (	(Accounts Receivable (A: Dec. 2003 )	+	Accounts Receivable (A: Dec. 2004 ))	/	count )
=	12.168	/ (	(0	+	1.015)	/	1 )
=	12.168	/	1.015
=	11.99

News Communications's Receivables Turnover for the quarter that ended in Dec. 2004 is calculated as

	Receivables Turnover (Q: Dec. 2004 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2004 )	/ (	(Accounts Receivable (Q: Dec. 2003 )	+	Accounts Receivable (Q: Dec. 2004 ))	/	count )
=	12.168	/ (	(0	+	1.015)	/	1 )
=	12.168	/	1.015
=	11.99

News Communications (OTCPK:NWCM) 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.

News Communications Receivables Turnover Related Terms

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News Communications (News Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Communications Inc (OTCPK:NWCM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

News Communications, Inc. is engaged in publishing & distribution of advertiser-supported newspapers & magazines. It publishes three newspapers, two magazines including Dans Hampton Style & Dans Hampton Sports; & a guide, Dans Hampton Style Insider Guide.

Executives

Ross Wilbur L Jr

director

328 EL VEDADO ROAD, PALM BEACH FL 33480

News Communications (News Communications) Headlines

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