GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trimax Corp (OTCPK:TMXN) » Definitions » Receivables Turnover

Trimax (Trimax) Receivables Turnover : 0.00 (As of Sep. 2015)


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

What is Trimax 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. Trimax's Revenue for the three months ended in Sep. 2015 was $0.00 Mil. Trimax's average Accounts Receivable for the three months ended in Sep. 2015 was $0.01 Mil.


Trimax Receivables Turnover Historical Data

The historical data trend for Trimax'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.

Trimax Receivables Turnover Chart

Trimax Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Dec10 Dec11 Dec12 Dec13 Dec14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.89 9.02 7.89 7.07 8.35

Trimax Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Mar15 Jun15 Sep15
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 - - 1.75 - -

Competitive Comparison of Trimax's Receivables Turnover

For the Shell Companies subindustry, Trimax'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.


Trimax's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trimax's Receivables Turnover distribution charts can be found below:

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



Trimax Receivables Turnover Calculation

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

Trimax's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=0.259 / ((0.022 + 0.04) / 2 )
=0.259 / 0.031
=8.35

Trimax's Receivables Turnover for the quarter that ended in Sep. 2015 is calculated as

Receivables Turnover (Q: Sep. 2015 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2015 ) / ((Accounts Receivable (Q: Jun. 2015 ) + Accounts Receivable (Q: Sep. 2015 )) / count )
=0 / ((0.013 + 0.005) / 2 )
=0 / 0.009
=N/A

* 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.


Trimax  (OTCPK:TMXN) 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.


Trimax Receivables Turnover Related Terms

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


Trimax (Trimax) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200-A, Torrance, CA, USA, 90501
Trimax Corp is a shell company.
Executives
Bradley Wilson officer: President 1794 BAY DR POMPANO BEACH FL 33062