WDKA (Panache Beverage) Receivables Turnover: 3.53 (As of Jun. 2014)


What is Panache Beverage Receivables Turnover?

Panache Beverage WDKA Receivables Turnover is 3.53 as of Jun. 2014.

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. Panache Beverage's Revenue for the three months ended in Jun. 2014 was $0.66 Mil. Panache Beverage's average Accounts Receivable for the three months ended in Jun. 2014 was $0.19 Mil. Hence, Panache Beverage's Receivables Turnover for the three months ended in Jun. 2014 was 3.53.


Panache Beverage  (OTCPK:WDKA) 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.


Panache Beverage Receivables Turnover Related Terms


Panache Beverage Receivables Turnover Historical Data

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The historical data trend for Panache Beverage'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.

Panache Beverage Receivables Turnover Chart

Panache Beverage Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial 0.00 3.52 5.89 3.63 4.74

Panache Beverage Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 0.97 0.19 0.66 3.14 3.53

WDKA vs CMHZ, BORNY, THST: Receivables Turnover Comparison

For the Beverages - Wineries & Distilleries subindustry, Panache Beverage'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.


Panache Beverage Receivables Turnover vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Panache Beverage's Receivables Turnover distribution charts can be found below:

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



Panache Beverage Receivables Turnover Calculation

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

Panache Beverage's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=3.694 / ((1.384 + 0.174) / 2 )
=3.694 / 0.779
=4.74

Panache Beverage's Receivables Turnover for the quarter that ended in Jun. 2014 is calculated as

Receivables Turnover (Q: Jun. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2014 ) / ((Accounts Receivable (Q: Mar. 2014 ) + Accounts Receivable (Q: Jun. 2014 )) / count )
=0.656 / ((0.231 + 0.141) / 2 )
=0.656 / 0.186
=3.53

* 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 3.53 mean?
Panache Beverage (WDKA) has a Receivables Turnover of 3.53 as of Jun. 2014. 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 Panache Beverage and its competitors.
Is Panache Beverage's Receivables Turnover too high?
Panache Beverage's current Receivables Turnover is 3.53. The Beverages - Alcoholic industry median Receivables Turnover is 7.79. Panache Beverage's value of 3.53 is 54.7% below this industry median.
How does Panache Beverage's Receivables Turnover compare to CMHZ and BORNY?
Panache Beverage's Receivables Turnover of 3.53 can be compared against companies in the Beverages - Alcoholic industry. The industry median Receivables Turnover is 7.79. Panache Beverage's value of 3.53 is 54.7% 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 Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 7.79, based on 210 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. Panache Beverage's current Receivables Turnover of 3.53 is 54.7% 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 Panache Beverage and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 7.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panache Beverage's current Receivables Turnover is 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panache Beverage stock overvalued right now?
Panache Beverage (WDKA) has a current Receivables Turnover of 3.53. The current Receivables Turnover is 3.53 and 54.7% below the Beverages - Alcoholic industry median of 7.79. 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 Panache Beverage (WDKA), the current Receivables Turnover is 3.53 as of Jun. 2014. 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.

Panache Beverage Business Description

Address 150 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011
Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in the manufacturing of vodka.