GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SportsQuest Inc (OTCPK:SPQS) » Definitions » Receivables Turnover

SportsQuest (SportsQuest) Receivables Turnover : 0.76 (As of Oct. 2007)


View and export this data going back to . Start your Free Trial

What is SportsQuest 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. SportsQuest's Revenue for the six months ended in Oct. 2007 was $0.03 Mil. SportsQuest's average Accounts Receivable for the six months ended in Oct. 2007 was $0.04 Mil. Hence, SportsQuest's Receivables Turnover for the six months ended in Oct. 2007 was 0.76.


SportsQuest Receivables Turnover Historical Data

The historical data trend for SportsQuest'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.

* Premium members only.

SportsQuest Receivables Turnover Chart

SportsQuest Annual Data
Trend Oct98 Oct99 Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.76

SportsQuest Semi-Annual Data
Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.76

Competitive Comparison of SportsQuest's Receivables Turnover

For the Leisure subindustry, SportsQuest'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.


SportsQuest's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SportsQuest's Receivables Turnover distribution charts can be found below:

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



SportsQuest Receivables Turnover Calculation

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

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

Receivables Turnover (A: Oct. 2007 )
=Revenue / Average Total Inventories
=Revenue (A: Oct. 2007 ) / ((Accounts Receivable (A: Oct. 2006 ) + Accounts Receivable (A: Oct. 2007 )) / count )
=0.028 / ((0 + 0.037) / 1 )
=0.028 / 0.037
=0.76

SportsQuest's Receivables Turnover for the quarter that ended in Oct. 2007 is calculated as

Receivables Turnover (Q: Oct. 2007 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2007 ) / ((Accounts Receivable (Q: Oct. 2006 ) + Accounts Receivable (Q: Oct. 2007 )) / count )
=0.028 / ((0 + 0.037) / 1 )
=0.028 / 0.037
=0.76

* 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.


SportsQuest  (OTCPK:SPQS) 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.


SportsQuest Receivables Turnover Related Terms

Thank you for viewing the detailed overview of SportsQuest's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


SportsQuest (SportsQuest) Business Description

Traded in Other Exchanges
N/A
Address
500 S Australian Avenue, Suite No. 600, West Palm Beach, Florida, FL, USA, 33401
SportsQuest Inc is currently is in development stage company of a sports franchise. The company is primarily engaged in sports and hospitality related services.
Executives
Roy Thomas Kidd director, officer: President, CEO 432 VALLEY STREAM DRIVE, GENEVA FL 32732
Air Brook Airport Express Inc other: Related party 500 AUSTRALIAN AVENUE, SUITE 600, WEST PALM BEACH FL 33401

SportsQuest (SportsQuest) Headlines