Blue Shark Power System (XPAR:MLBSP) Receivables Turnover: 0.00 (As of Dec. 2017)

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What is Blue Shark Power System Receivables Turnover?

Blue Shark Power System XPAR:MLBSP Receivables Turnover is 0.00 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. Blue Shark Power System's Revenue for the six months ended in Dec. 2017 was €0.13 Mil. Blue Shark Power System's average Accounts Receivable for the six months ended in Dec. 2017 was €0.00 Mil.

Blue Shark Power System  (XPAR:MLBSP) 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.

Blue Shark Power System Receivables Turnover Related Terms

Blue Shark Power System Receivables Turnover Historical Data

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The historical data trend for Blue Shark Power System'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.

Blue Shark Power System Receivables Turnover Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
Receivables Turnover
0.00 0.00 0.00

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
Receivables Turnover 0.00 0.00 0.00

XPAR:MLBSP vs : Receivables Turnover Comparison

For the Utilities - Renewable subindustry, Blue Shark Power System'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.

Blue Shark Power System Receivables Turnover vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Blue Shark Power System's Receivables Turnover falls into.


Blue Shark Power System Receivables Turnover Calculation

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

Blue Shark Power System's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=0.13 / ((0 + 0) / 1 )
=0.13 / 0
=N/A

Blue Shark Power System'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: Dec. 2016 ) + Accounts Receivable (Q: Dec. 2017 )) / count )
=0.13 / ((0 + 0) / 1 )
=0.13 / 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?
Blue Shark Power System (XPAR:MLBSP) has a Receivables Turnover of 0.00 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 Blue Shark Power System and its competitors.
Is Blue Shark Power System's Receivables Turnover too high?
Blue Shark Power System's current Receivables Turnover is 0.00.
How does Blue Shark Power System's Receivables Turnover compare to ?
Blue Shark Power System's 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 Blue Shark Power System 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. Blue Shark Power System'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 Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) 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 Blue Shark Power System (XPAR:MLBSP), the current Receivables Turnover is 0.00 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.

Blue Shark Power System Business Description

Comparable Companies
Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.