VTMB (Vitamin Blue) Receivables Turnover: 4.00 (As of Sep. 2013)


What is Vitamin Blue Receivables Turnover?

Vitamin Blue VTMB -99.00% Receivables Turnover is 4.00 as of Sep. 2013.

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. Vitamin Blue's Revenue for the three months ended in Sep. 2013 was $0.05 Mil. Vitamin Blue's average Accounts Receivable for the three months ended in Sep. 2013 was $0.01 Mil. Hence, Vitamin Blue's Receivables Turnover for the three months ended in Sep. 2013 was 4.00.

Vitamin Blue  (OTCPK:VTMB) 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.

Vitamin Blue Receivables Turnover Related Terms

Vitamin Blue Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Vitamin Blue'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.

Vitamin Blue Receivables Turnover Chart

Vitamin Blue Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Receivables Turnover
11.73 13.89 16.14 17.50 15.29

Vitamin Blue Quarterly Data
Dec08 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 3.25 2.61 2.70 4.32 4.00

VTMB vs GBBT, BWMG, SCRH: Receivables Turnover Comparison

For the Leisure subindustry, Vitamin Blue'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.

Vitamin Blue Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vitamin Blue's Receivables Turnover distribution charts can be found below:

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


Vitamin Blue Receivables Turnover Calculation

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

Vitamin Blue's Receivables Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Receivables Turnover (A: Dec. 2012 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2012 ) / ((Accounts Receivable (A: Dec. 2011 ) + Accounts Receivable (A: Dec. 2012 )) / count )
=0.13 / ((0.006 + 0.011) / 2 )
=0.13 / 0.0085
=15.29

Vitamin Blue's Receivables Turnover for the quarter that ended in Sep. 2013 is calculated as

Receivables Turnover (Q: Sep. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2013 ) / ((Accounts Receivable (Q: Jun. 2013 ) + Accounts Receivable (Q: Sep. 2013 )) / count )
=0.048 / ((0.01 + 0.014) / 2 )
=0.048 / 0.012
=4.00

* 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 4.00 mean?
Vitamin Blue (VTMB) has a Receivables Turnover of 4.00 as of Sep. 2013. 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 Vitamin Blue and its competitors.
Is Vitamin Blue's Receivables Turnover too high?
Vitamin Blue's current Receivables Turnover is 4.00. The Travel & Leisure industry median Receivables Turnover is 14.01. Vitamin Blue's value of 4.00 is 71.4% below this industry median.
How does Vitamin Blue's Receivables Turnover compare to GBBT and BWMG?
Vitamin Blue's Receivables Turnover of 4.00 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 14.01. Vitamin Blue's value of 4.00 is 71.4% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.01, based on 834 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. Vitamin Blue's current Receivables Turnover of 4.00 is 71.4% 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 Vitamin Blue and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitamin Blue's current Receivables Turnover is 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitamin Blue stock overvalued right now?
Vitamin Blue (VTMB) has a current Receivables Turnover of 4.00. The current Receivables Turnover is 4.00 and 71.4% below the Travel & Leisure industry median of 14.01. 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 Vitamin Blue (VTMB), the current Receivables Turnover is 4.00 as of Sep. 2013. 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.

Vitamin Blue Business Description

Address 1005 West 18th Street, Costa Mesa, CA, USA, 92627
Vitamin Blue Inc is an innovative water boardsports company based in Costa Mesa, California. It designs, manufactures and distributes water boardsports wear (boardshorts and t-shirts) and accessories (board bags, paddle bags and rack pads). The company is focused on becoming a water boardsports brand of long-term excellence through its commitment to exceeding its customers' expectations by producing products of the highest quality and athletic performance. It is an authentic source for unique, functional and diverse water boardsports products.