Optigenex (Optigenex) Receivables Turnover : 183.00 (As of Jun. 2008)

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What is Optigenex 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. Optigenex's Revenue for the three months ended in Jun. 2008 was $0.18 Mil. Optigenex's average Accounts Receivable for the three months ended in Jun. 2008 was $0.00 Mil. Hence, Optigenex's Receivables Turnover for the three months ended in Jun. 2008 was 183.00.

Optigenex Receivables Turnover Historical Data

The historical data trend for Optigenex'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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Optigenex Receivables Turnover Chart

Optigenex Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Receivables Turnover

4.19

3.18

4.67

20.26

Optigenex Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Receivables Turnover	Get a 7-Day Free Trial											3.02	8.39	7.85	32.50	183.00

Competitive Comparison of Optigenex's Receivables Turnover

For the Diagnostics & Research subindustry, Optigenex'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.

Optigenex's Receivables Turnover Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Optigenex's Receivables Turnover distribution charts can be found below:

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

Optigenex Receivables Turnover Calculation

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

Optigenex's Receivables Turnover for the fiscal year that ended in Dec. 2007 is calculated as

	Receivables Turnover (A: Dec. 2007 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2007 )	/ (	(Accounts Receivable (A: Dec. 2006 )	+	Accounts Receivable (A: Dec. 2007 ))	/	count )
=	0.466	/ (	(0.035	+	0.011)	/	2 )
=	0.466	/	0.023
=	20.26

Optigenex's Receivables Turnover for the quarter that ended in Jun. 2008 is calculated as

	Receivables Turnover (Q: Jun. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2008 )	/ (	(Accounts Receivable (Q: Mar. 2008 )	+	Accounts Receivable (Q: Jun. 2008 ))	/	count )
=	0.183	/ (	(0.001	+	0)	/	1 )
=	0.183	/	0.001
=	183.00

Optigenex (OTCPK:OPGX) 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.

Optigenex Receivables Turnover Related Terms

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Optigenex (Optigenex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Optigenex Inc (OTCPK:OPGX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 Sam Rayburn Highway, Melissa, TX, USA, 75454

Website

http://www.optigenex.com

Optigenex Inc is an applied sciences company dedicated to solutions for healthy age management. The company offers AC-11, a powdered and bioactive rainforest plant extract that helps the body to repair sun and environmental stress-related damage to DNA, and slow down the process of skin aging.

Executives

Richard S Serbin

director, 10 percent owner, officer: CEO, President & Secretary

750 LEXINGTON AVENUE, 6TH FLOOR, NEW YORK NY 10022

Optigenex (Optigenex) Headlines

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