PXHI (PhoneX Holdings) Receivables Turnover: 72.95 (As of Dec. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is PhoneX Holdings Receivables Turnover?

PhoneX Holdings PXHI +0.82% Receivables Turnover is 72.95 as of Dec. 2018.

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. PhoneX Holdings's Revenue for the three months ended in Dec. 2018 was $17.11 Mil. PhoneX Holdings's average Accounts Receivable for the three months ended in Dec. 2018 was $0.23 Mil. Hence, PhoneX Holdings's Receivables Turnover for the three months ended in Dec. 2018 was 72.95.


PhoneX Holdings  (OTCPK:PXHI) 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.


PhoneX Holdings Receivables Turnover Related Terms


PhoneX Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PhoneX Holdings'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.

PhoneX Holdings Receivables Turnover Chart

PhoneX Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.89 89.72 212.00 313.95 266.60

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 74.44 67.02 125.46 107.71 72.95

PXHI vs SMKC, TKAT, VTNLD: Receivables Turnover Comparison

For the Internet Retail subindustry, PhoneX Holdings'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.


PhoneX Holdings Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PhoneX Holdings's Receivables Turnover distribution charts can be found below:

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



PhoneX Holdings Receivables Turnover Calculation

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

PhoneX Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=67.716 / ((0.237 + 0.271) / 2 )
=67.716 / 0.254
=266.60

PhoneX Holdings's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

Receivables Turnover (Q: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2018 ) / ((Accounts Receivable (Q: Sep. 2018 ) + Accounts Receivable (Q: Dec. 2018 )) / count )
=17.106 / ((0.198 + 0.271) / 2 )
=17.106 / 0.2345
=72.95

* 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 72.95 mean?
PhoneX Holdings (PXHI) has a Receivables Turnover of 72.95 as of Dec. 2018. 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 PhoneX Holdings and its competitors.
Is PhoneX Holdings' Receivables Turnover too high?
PhoneX Holdings' current Receivables Turnover is 72.95. The Retail - Cyclical industry median Receivables Turnover is 20.17. PhoneX Holdings' value of 72.95 is 261.8% above this industry median.
How does PhoneX Holdings' Receivables Turnover compare to SMKC and TKAT?
PhoneX Holdings' Receivables Turnover of 72.95 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 20.17. PhoneX Holdings' value of 72.95 is 261.8% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 20.17, based on 1,108 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. PhoneX Holdings's current Receivables Turnover of 72.95 is 261.8% 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 PhoneX Holdings and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 20.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhoneX Holdings's current Receivables Turnover is 72.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoneX Holdings stock overvalued right now?
PhoneX Holdings (PXHI) has a current Receivables Turnover of 72.95. The current Receivables Turnover is 72.95 and 261.8% above the Retail - Cyclical industry median of 20.17. 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 PhoneX Holdings (PXHI), the current Receivables Turnover is 72.95 as of Dec. 2018. 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.

PhoneX Holdings Business Description

Address 1422 South Tryon Street, Suite 02-123, Charlotte, NC, USA, 28203
PhoneX Holdings Inc is building the dominant cloud-based, software-as-a-service solution for the wholesale exchange of pre-owned mobile devices. The company works with mobile carriers and mobile handset distributors to facilitate commerce related to pre-owned mobile devices. It operates two distinct models Proprietary Trading Model, through which it purchases devices utilizing its balance sheet via its subsidiary Sell Cellular LLC, and the Platform Partnership Model, through which it enables its partners to license its software via its subsidiary. It generates revenue by licensing its software as a service to third parties.