VXIT (VirExit Technologies) Receivables Turnover: 0.00 (As of May. 2019)

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What is VirExit Technologies Receivables Turnover?

VirExit Technologies VXIT Receivables Turnover is 0.00 as of May. 2019.

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. VirExit Technologies's Revenue for the three months ended in May. 2019 was $0.00 Mil. VirExit Technologies's average Accounts Receivable for the three months ended in May. 2019 was $0.00 Mil.

VirExit Technologies  (OTCPK:VXIT) 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.

VirExit Technologies Receivables Turnover Related Terms

VirExit Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for VirExit Technologies'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.

VirExit Technologies Receivables Turnover Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Receivables Turnover
0.00 0.00 0.00 0.00 0.00

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 0.00 0.00 0.00 0.00 0.00

VXIT vs RIHT, GEQU, NNUP: Receivables Turnover Comparison

For the Utilities - Renewable subindustry, VirExit Technologies'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.

VirExit Technologies Receivables Turnover vs Utilities - Independent Power Producers Industry

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

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


VirExit Technologies Receivables Turnover Calculation

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

VirExit Technologies's Receivables Turnover for the fiscal year that ended in Aug. 2018 is calculated as

Receivables Turnover (A: Aug. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Aug. 2018 ) / ((Accounts Receivable (A: Aug. 2017 ) + Accounts Receivable (A: Aug. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

VirExit Technologies's Receivables Turnover for the quarter that ended in May. 2019 is calculated as

Receivables Turnover (Q: May. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2019 ) / ((Accounts Receivable (Q: Feb. 2019 ) + Accounts Receivable (Q: May. 2019 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
VirExit Technologies (VXIT) has a Receivables Turnover of 0.00 as of May. 2019. 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 VirExit Technologies and its competitors.
Is VirExit Technologies' Receivables Turnover too high?
VirExit Technologies' current Receivables Turnover is 0.00.
How does VirExit Technologies' Receivables Turnover compare to RIHT and GEQU?
VirExit Technologies' Receivables Turnover of 0.00 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Receivables Turnover is 5.73. 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.73, based on 410 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. 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 VirExit Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VirExit Technologies's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 VirExit Technologies (VXIT), the current Receivables Turnover is 0.00 as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.