SVAD (Silverton Adventures) Receivables Turnover: 2.67 (As of Sep. 2014)

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 Silverton Adventures Receivables Turnover?

Silverton Adventures SVAD Receivables Turnover is 2.67 as of Sep. 2014.

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. Silverton Adventures's Revenue for the three months ended in Sep. 2014 was $0.04 Mil. Silverton Adventures's average Accounts Receivable for the three months ended in Sep. 2014 was $0.01 Mil. Hence, Silverton Adventures's Receivables Turnover for the three months ended in Sep. 2014 was 2.67.

Silverton Adventures  (OTCPK:SVAD) 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.

Silverton Adventures Receivables Turnover Related Terms

Silverton Adventures Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Silverton Adventures'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.

Silverton Adventures Receivables Turnover Chart

Silverton Adventures Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Receivables Turnover
Get a 7-Day Free Trial 0.00 7.42 8.33 19.52 7.09

Silverton Adventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 4.53 1.78 0.71 1.30 2.67

SVAD vs STRG, BISA, BBOE: Receivables Turnover Comparison

For the Advertising Agencies subindustry, Silverton Adventures'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.

Silverton Adventures Receivables Turnover vs Media - Diversified Industry

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

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


Silverton Adventures Receivables Turnover Calculation

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

Silverton Adventures's Receivables Turnover for the fiscal year that ended in Jun. 2014 is calculated as

Receivables Turnover (A: Jun. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2014 ) / ((Accounts Receivable (A: Jun. 2013 ) + Accounts Receivable (A: Jun. 2014 )) / count )
=0.078 / ((0.01 + 0.012) / 2 )
=0.078 / 0.011
=7.09

Silverton Adventures's Receivables Turnover for the quarter that ended in Sep. 2014 is calculated as

Receivables Turnover (Q: Sep. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2014 ) / ((Accounts Receivable (Q: Jun. 2014 ) + Accounts Receivable (Q: Sep. 2014 )) / count )
=0.036 / ((0.012 + 0.015) / 2 )
=0.036 / 0.0135
=2.67

* 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 2.67 mean?
Silverton Adventures (SVAD) has a Receivables Turnover of 2.67 as of Sep. 2014. 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 Silverton Adventures and its competitors.
Is Silverton Adventures' Receivables Turnover too high?
Silverton Adventures' current Receivables Turnover is 2.67. The Media - Diversified industry median Receivables Turnover is 5.31. Silverton Adventures' value of 2.67 is 49.7% below this industry median.
How does Silverton Adventures' Receivables Turnover compare to STRG and BISA?
Silverton Adventures' Receivables Turnover of 2.67 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.31. Silverton Adventures' value of 2.67 is 49.7% 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 5.31, based on 1,007 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. Silverton Adventures's current Receivables Turnover of 2.67 is 49.7% 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 Silverton Adventures and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silverton Adventures's current Receivables Turnover is 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silverton Adventures stock overvalued right now?
Silverton Adventures (SVAD) has a current Receivables Turnover of 2.67. The current Receivables Turnover is 2.67 and 49.7% below the Media - Diversified industry median of 5.31. 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 Silverton Adventures (SVAD), the current Receivables Turnover is 2.67 as of Sep. 2014. 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.

Silverton Adventures Business Description

Address 31 Hung To Road, Room 1302, 13th Floor, Billion Trade Centre, Ngau Tau Kok, Kowloon, Hong Kong, HKG, 999077
Silverton Adventures Inc is engaged in the business of online e-commerce and off-line commerce, promotion, and marketing services business. The company is able to launch both online e-commerce and offline commerce together with providing promotion and marketing advisory activities using the ecFish brand, website, and its social media, and offline special events such as designing seasonal promotions campaigns during sales seasons and other special occasions.