TVTV (WhereverTV Broadcasting) Receivables Turnover: 0.01 (As of Dec. 2017)

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What is WhereverTV Broadcasting Receivables Turnover?

WhereverTV Broadcasting TVTV +9.68% Receivables Turnover is 0.01 as of Dec. 2017. Among 1,005 Media - Diversified companies, WhereverTV Broadcasting ranks worse than 99502.39% on this metric.

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. WhereverTV Broadcasting's Revenue for the six months ended in Dec. 2017 was $0.00 Mil. WhereverTV Broadcasting's average Accounts Receivable for the six months ended in Dec. 2017 was $0.15 Mil. Hence, WhereverTV Broadcasting's Receivables Turnover for the six months ended in Dec. 2017 was 0.01.


WhereverTV Broadcasting  (OTCPK:TVTV) 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.


WhereverTV Broadcasting Receivables Turnover Related Terms


WhereverTV Broadcasting Receivables Turnover Historical Data

* Premium members only.

The historical data trend for WhereverTV Broadcasting'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.

WhereverTV Broadcasting Receivables Turnover Chart

WhereverTV Broadcasting Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 17.35 9.25 0.18 0.01

WhereverTV Broadcasting Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec16 Dec17
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 0.00 17.35 9.25 0.18 0.01

TVTV vs TAAG, MDEX, CMLSQ: Receivables Turnover Comparison

For the Broadcasting subindustry, WhereverTV Broadcasting'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.


WhereverTV Broadcasting Receivables Turnover vs Media - Diversified Industry

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

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



WhereverTV Broadcasting Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=0.001 / ((0 + 0.15) / 1 )
=0.001 / 0.15
=0.01

WhereverTV Broadcasting's Receivables Turnover for the quarter that ended in Dec. 2017 is calculated as

Receivables Turnover (Q: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Dec. 2017 )) / count )
=0.001 / ((0 + 0.15) / 1 )
=0.001 / 0.15
=0.01

* 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 0.01 mean?
WhereverTV Broadcasting (TVTV) has a Receivables Turnover of 0.01 as of Dec. 2017. 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 WhereverTV Broadcasting and its competitors. According to the industry distribution chart, WhereverTV Broadcasting ranks #999999 out of 1005 companies in the Media - Diversified industry.
Is WhereverTV Broadcasting's Receivables Turnover too high?
WhereverTV Broadcasting's current Receivables Turnover is 0.01. The Media - Diversified industry median Receivables Turnover is 5.39. WhereverTV Broadcasting's value of 0.01 is 99.8% below this industry median. Based on the distribution chart, WhereverTV Broadcasting ranks #999999 out of 1005 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does WhereverTV Broadcasting's Receivables Turnover compare to TAAG and MDEX?
According to the Media - Diversified industry distribution chart, WhereverTV Broadcasting ranks #999999 out of 1005 companies for Receivables Turnover. This places WhereverTV Broadcasting in the lower half of its industry. The industry median Receivables Turnover is 5.39. WhereverTV Broadcasting's value of 0.01 is 99.8% 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 5.39, based on 1,005 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. WhereverTV Broadcasting's current Receivables Turnover of 0.01 is 99.8% 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 WhereverTV Broadcasting and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WhereverTV Broadcasting's current Receivables Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WhereverTV Broadcasting stock overvalued right now?
WhereverTV Broadcasting (TVTV) has a current Receivables Turnover of 0.01. The current Receivables Turnover is 0.01 and 99.8% below the Media - Diversified industry median of 5.39. 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 WhereverTV Broadcasting (TVTV), the current Receivables Turnover is 0.01 as of Dec. 2017. 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.

WhereverTV Broadcasting Business Description

Address 2230 S. McCall Road, Unit A, Englewood, FL, USA, 34224
WhereverTV Broadcasting Corp is a next-generation subscription television service providing consumers with pre-paid live-streaming, genre-specific, and in-language viewing choices from around the world, delivered to anywhere in the world, and through any internet-enabled device. Programming is accessed through the internet via an Over the Top (OTT) platform, and channel management is handled by the company's patented Global Interactive Program Guide (IPG) technology. It will be able to deliver channels and events to Smart TVs and digital media receivers, including, but not limited to: Google Chromecast, AppleTV, Amazon Fire TV, iPhone, iPad, Android Smartphone, and TabletPCs.