NWCN (Network CN) Receivables Turnover: 4.26 (As of Sep. 2024)

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NWCN Network CN Inc NWCN
12 GF Score
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What is Network CN Receivables Turnover?

Network CN NWCN +25.00% 12 Receivables Turnover is 4.26 as of Sep. 2024. GuruFocus rates NWCN with a GF Score™ of 12/100.

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 CN's Revenue for the three months ended in Sep. 2024 was $0.08 Mil. Network CN's average Accounts Receivable for the three months ended in Sep. 2024 was $0.02 Mil. Hence, Network CN's Receivables Turnover for the three months ended in Sep. 2024 was 4.26.


Network CN  (OTCPK:NWCN) 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 CN Receivables Turnover Related Terms


Network CN Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Network CN'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 CN Receivables Turnover Chart

Network CN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.41 3.54

Network CN Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.47 0.65 2.27 19.71 4.26

NWCN vs MMND, APP, TTD: Receivables Turnover Comparison

For the Advertising Agencies subindustry, Network CN'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 CN Receivables Turnover vs Media - Diversified Industry

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

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


NWCN
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Network CN Inc NWCN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Network CN Receivables Turnover Calculation

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

Network CN's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0.446 / ((0.075 + 0.177) / 2 )
=0.446 / 0.126
=3.54

Network CN's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.081 / ((0.007 + 0.031) / 2 )
=0.081 / 0.019
=4.26

* 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 4.26 mean?
Network CN (NWCN) has a Receivables Turnover of 4.26 as of Sep. 2024. 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 CN and its competitors.
Is Network CN's Receivables Turnover too high?
Network CN's current Receivables Turnover is 4.26. The Media - Diversified industry median Receivables Turnover is 5.39. Network CN's value of 4.26 is 21% below this industry median. Overall, Network CN has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Network CN's Receivables Turnover compare to MMND and APP?
Network CN's Receivables Turnover of 4.26 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.39. Network CN's value of 4.26 is 21% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.39, based on 1,005 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 CN's current Receivables Turnover of 4.26 is 21% 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 Network CN and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Network CN's current Receivables Turnover is 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Network CN stock overvalued right now?
Network CN (NWCN) has a current Receivables Turnover of 4.26. The current Receivables Turnover is 4.26 and 21% below the Media - Diversified industry median of 5.39. Network CN's overall GF Score™ is 12/100. 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 CN (NWCN), the current Receivables Turnover is 4.26 as of Sep. 2024. 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 CN Business Description

Address Unit 705B, 9 Science Museum Road, New East Ocean Centre, 7th Floor, Tsim Sha Tsui, Kowloon, HKG
Network CN Inc is a media and advertising company. The company is engaged in the provision of out-of-home advertising services in China. Its suite of services ranges from media planning to advertising operations such as a network of roadside light-emitting diode (LED) digital video panels, mega-size LED digital video billboards, and lightboxes in many cities. Its revenues consist of income from out-of-home advertising panels.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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