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. Day TradeXchange's Revenue for the
three
months ended in Mar. 2008 was $0.02 Mil. Day TradeXchange's average Accounts Receivable for the
three
months ended in Mar. 2008 was $0.01 Mil.
Hence, Day TradeXchange's Receivables Turnover for the
three
months ended in Mar. 2008 was 2.22.
Day TradeXchange (OTCPK:SYNJ) 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.
Day TradeXchange Receivables Turnover Related Terms
Day TradeXchange Receivables Turnover Historical Data
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The historical data trend for Day TradeXchange'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.
SYNJ vs IVFZF, CVOVQ, PRZM: Receivables Turnover Comparison
For the Shell Companies subindustry, Day TradeXchange'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.
Day TradeXchange Receivables Turnover vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Day TradeXchange's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Day TradeXchange's Receivables Turnover falls into.
* 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.
Day TradeXchange (SYNJ) has a Receivables Turnover of 2.22 as of Mar. 2008. 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 Day TradeXchange and its competitors.
Is Day TradeXchange's Receivables Turnover too high?
Day TradeXchange's current Receivables Turnover is 2.22. The Diversified Financial Services industry median Receivables Turnover is 4.78. Day TradeXchange's value of 2.22 is 53.6% below this industry median.
How does Day TradeXchange's Receivables Turnover compare to IVFZF and CVOVQ?
Day TradeXchange's Receivables Turnover of 2.22 can be compared against companies in the Diversified Financial Services industry. The industry median Receivables Turnover is 4.78. Day TradeXchange's value of 2.22 is 53.6% 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 Diversified Financial Services company?
The median Receivables Turnover among Diversified Financial Services companies is 4.78, based on 72 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. Day TradeXchange's current Receivables Turnover of 2.22 is 53.6% 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 Day TradeXchange and its competitors. For the Diversified Financial Services industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Day TradeXchange's current Receivables Turnover is 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Day TradeXchange stock overvalued right now?
Day TradeXchange (SYNJ) has a current Receivables Turnover of 2.22. The current Receivables Turnover is 2.22 and 53.6% below the Diversified Financial Services industry median of 4.78. 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 Day TradeXchange (SYNJ), the current Receivables Turnover is 2.22 as of Mar. 2008. 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.
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