OPVS (NanoFlex Power) Receivables Turnover: 4.83 (As of Dec. 2019)

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What is NanoFlex Power Receivables Turnover?

NanoFlex Power OPVS Receivables Turnover is 4.83 as of Dec. 2019.

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. NanoFlex Power's Revenue for the three months ended in Dec. 2019 was $0.12 Mil. NanoFlex Power's average Accounts Receivable for the three months ended in Dec. 2019 was $0.02 Mil. Hence, NanoFlex Power's Receivables Turnover for the three months ended in Dec. 2019 was 4.83.


NanoFlex Power  (OTCPK:OPVS) 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.


NanoFlex Power Receivables Turnover Related Terms


NanoFlex Power Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NanoFlex Power'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.

NanoFlex Power Receivables Turnover Chart

NanoFlex Power Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial 1.25 1.20 4.98 9.53 1.95

NanoFlex Power Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.76 0.85 0.00 3.50 4.83

OPVS vs SPI, PECK, VVPR: Receivables Turnover Comparison

For the Solar subindustry, NanoFlex Power'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.


NanoFlex Power Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, NanoFlex Power's Receivables Turnover distribution charts can be found below:

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



NanoFlex Power Receivables Turnover Calculation

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

NanoFlex Power's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=0.293 / ((0.15 + 0) / 1 )
=0.293 / 0.15
=1.95

NanoFlex Power's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

Receivables Turnover (Q: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2019 ) / ((Accounts Receivable (Q: Sep. 2019 ) + Accounts Receivable (Q: Dec. 2019 )) / count )
=0.116 / ((0.024 + 0) / 1 )
=0.116 / 0.024
=4.83

* 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 4.83 mean?
NanoFlex Power (OPVS) has a Receivables Turnover of 4.83 as of Dec. 2019. 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 NanoFlex Power and its competitors.
Is NanoFlex Power's Receivables Turnover too high?
NanoFlex Power's current Receivables Turnover is 4.83. The Semiconductors industry median Receivables Turnover is 5.82. NanoFlex Power's value of 4.83 is 17% below this industry median.
How does NanoFlex Power's Receivables Turnover compare to SPI and PECK?
NanoFlex Power's Receivables Turnover of 4.83 can be compared against companies in the Semiconductors industry. The industry median Receivables Turnover is 5.82. NanoFlex Power's value of 4.83 is 17% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. NanoFlex Power's current Receivables Turnover of 4.83 is 17% 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 NanoFlex Power and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NanoFlex Power's current Receivables Turnover is 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NanoFlex Power stock overvalued right now?
NanoFlex Power (OPVS) has a current Receivables Turnover of 4.83. The current Receivables Turnover is 4.83 and 17% below the Semiconductors industry median of 5.82. 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 NanoFlex Power (OPVS), the current Receivables Turnover is 4.83 as of Dec. 2019. 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.

NanoFlex Power Business Description

Address 15333 North Pima Road, Suite 305, Scottsdale, AZ, USA, 85260
NanoFlex Power Corp serves in the solar industry in the United States. It is organized to fund, develop, commercialize and license advanced photovoltaic technologies that enable thin-film solar products with industry- leading efficiencies, light weight, flexibility, and low total system cost. These technologies are used for applications including portable and off-grid power generation, building applied photovoltaics, building integrated photovoltaics, space vehicles and unmanned aerial vehicles, semi-transparent solar power generating windows or glazing, ultra-thin solar films for automobiles or other consumer applications and solar-powered sensors.