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Vivid Technology (Vivid Technology) Receivables Turnover : 3.04 (As of Dec. 2018)


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What is Vivid Technology 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. Vivid Technology's Revenue for the six months ended in Dec. 2018 was $1.99 Mil. Vivid Technology's average Accounts Receivable for the six months ended in Dec. 2018 was $0.66 Mil. Hence, Vivid Technology's Receivables Turnover for the six months ended in Dec. 2018 was 3.04.


Vivid Technology Receivables Turnover Historical Data

The historical data trend for Vivid Technology'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.

Vivid Technology Receivables Turnover Chart

Vivid Technology Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.15 9.28 4.29 2.65 8.60

Vivid Technology Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 0.99 1.24 4.72 5.75 3.04

Competitive Comparison of Vivid Technology's Receivables Turnover

For the Utilities - Renewable subindustry, Vivid Technology'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.


Vivid Technology's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vivid Technology's Receivables Turnover distribution charts can be found below:

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



Vivid Technology Receivables Turnover Calculation

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

Vivid Technology's Receivables Turnover for the fiscal year that ended in Jun. 2018 is calculated as

Receivables Turnover (A: Jun. 2018 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2018 ) / ((Accounts Receivable (A: Jun. 2017 ) + Accounts Receivable (A: Jun. 2018 )) / count )
=5.442 / ((0.567 + 0.699) / 2 )
=5.442 / 0.633
=8.60

Vivid Technology's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

Receivables Turnover (Q: Dec. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2018 ) / ((Accounts Receivable (Q: Jun. 2018 ) + Accounts Receivable (Q: Dec. 2018 )) / count )
=1.99 / ((0.699 + 0.612) / 2 )
=1.99 / 0.6555
=3.04

* 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.


Vivid Technology  (OTCPK:VVDTF) 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.


Vivid Technology Receivables Turnover Related Terms

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Vivid Technology (Vivid Technology) Business Description

Traded in Other Exchanges
N/A
Address
500 Collins Street, Level 14, Melbourne, VIC, AUS, 3000
Vivid Technology Ltd is an Australian-based renewable energy company with interests in technology-focused solutions in industrial energy efficiency and CO2-to-fuel conversion markets. The company operates through three segments: Industrial Energy Efficiency which provides lighting solutions to industrial and commercial business in Australia and Pacific Rim, The Technology investment segment includes technology investments or projects; The Other investment segment includes company's previous investment in geothermal activities. The company generates maximum revenue from Energy efficiency segment.

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