WRIT (WRIT Media Group) Receivables Turnover: 1.41 (As of Dec. 2017)

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What is WRIT Media Group Receivables Turnover?

WRIT Media Group WRIT Receivables Turnover is 1.41 as of Dec. 2017.

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. WRIT Media Group's Revenue for the three months ended in Dec. 2017 was $1.37 Mil. WRIT Media Group's average Accounts Receivable for the three months ended in Dec. 2017 was $0.97 Mil. Hence, WRIT Media Group's Receivables Turnover for the three months ended in Dec. 2017 was 1.41.


WRIT Media Group  (OTCPK:WRIT) 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.


WRIT Media Group Receivables Turnover Related Terms


WRIT Media Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for WRIT Media Group'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.

WRIT Media Group Receivables Turnover Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 11.00 0.00 0.00 0.00

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.41

WRIT vs ASKH, AFOM, XSPT: Receivables Turnover Comparison

For the Entertainment subindustry, WRIT Media Group'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.


WRIT Media Group Receivables Turnover vs Media - Diversified Industry

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

* The bar in red indicates where WRIT Media Group's Receivables Turnover falls into.



WRIT Media Group Receivables Turnover Calculation

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

WRIT Media Group's Receivables Turnover for the fiscal year that ended in Mar. 2017 is calculated as

Receivables Turnover (A: Mar. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2017 ) / ((Accounts Receivable (A: Mar. 2016 ) + Accounts Receivable (A: Mar. 2017 )) / count )
=0.011 / ((0 + 0) / 1 )
=0.011 / 0
=N/A

WRIT Media Group'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: Sep. 2017 ) + Accounts Receivable (Q: Dec. 2017 )) / count )
=1.369 / ((0 + 0.969) / 1 )
=1.369 / 0.969
=1.41

* 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 1.41 mean?
WRIT Media Group (WRIT) has a Receivables Turnover of 1.41 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 WRIT Media Group and its competitors.
Is WRIT Media Group's Receivables Turnover too high?
WRIT Media Group's current Receivables Turnover is 1.41. The Media - Diversified industry median Receivables Turnover is 5.39. WRIT Media Group's value of 1.41 is 73.8% below this industry median.
How does WRIT Media Group's Receivables Turnover compare to ASKH and AFOM?
WRIT Media Group's Receivables Turnover of 1.41 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.39. WRIT Media Group's value of 1.41 is 73.8% 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. WRIT Media Group's current Receivables Turnover of 1.41 is 73.8% 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 WRIT Media Group 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. WRIT Media Group's current Receivables Turnover is 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WRIT Media Group stock overvalued right now?
WRIT Media Group (WRIT) has a current Receivables Turnover of 1.41. The current Receivables Turnover is 1.41 and 73.8% 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 WRIT Media Group (WRIT), the current Receivables Turnover is 1.41 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.

WRIT Media Group Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. The company is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, that produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D) for initial digital broadcast into digitally-enabled movie theatres. The company also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.