Technovative Group (Technovative Group) Receivables Turnover : 0.00 (As of Sep. 2018)

View and export this data going back to 2012. Start your Free Trial

What is Technovative Group 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. Technovative Group's Revenue for the three months ended in Sep. 2018 was $0.00 Mil. Technovative Group's average Accounts Receivable for the three months ended in Sep. 2018 was $0.22 Mil. Hence, Technovative Group's Receivables Turnover for the three months ended in Sep. 2018 was 0.00.

Technovative Group Receivables Turnover Historical Data

The historical data trend for Technovative Group'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.

Technovative Group Receivables Turnover Chart

Technovative Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Receivables Turnover

Get a 7-Day Free Trial

Technovative Group Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Receivables Turnover	Get a 7-Day Free Trial															-	-	1.25	0.63	-

Competitive Comparison of Technovative Group's Receivables Turnover

For the Software - Application subindustry, Technovative Group'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.

Technovative Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Technovative Group's Receivables Turnover distribution charts can be found below:

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

Technovative Group Receivables Turnover Calculation

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

Technovative Group's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Receivables Turnover (A: Dec. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2017 )	/ (	(Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )
=	0.002	/ (	(0	+	0)	/	1 )
=	0.002	/	0
=	N/A

Technovative Group's Receivables Turnover for the quarter that ended in Sep. 2018 is calculated as

	Receivables Turnover (Q: Sep. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2018 )	/ (	(Accounts Receivable (Q: Jun. 2018 )	+	Accounts Receivable (Q: Sep. 2018 ))	/	count )
=	0.001	/ (	(0.232	+	0.215)	/	2 )
=	0.001	/	0.2235
=	0.00

Technovative Group (GREY:TEHG) 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.

Technovative Group Receivables Turnover Related Terms

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

Technovative Group (Technovative Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Technovative Group Inc (GREY:TEHG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Canton Road, Unit 701, 7th Floor, Tower 2, Silvercord, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.technovative.co

Technovative Group Inc is a technology software development company focused in the financial technology industry by providing blockchain solutions and big data analytics technologies to financial service institutions in the Greater China Region and the Southeast Asia Region. The company's product consists of Hedu SmartSuite, SmartCon, SmartTrader, and SmartWallet. The company earns revenue in the form of subscription, referral fees, and services, and data analytics and market research.

Technovative Group (Technovative Group) Headlines

From GuruFocus

TECHNOVATIVE GROUP INC., SIGNS STRATEGIC PARTNERSHIP AGREEMENT WITH JOGET, INC.

By Marketwired Marketwired • 09-24-2018