EV Biologics (EV Biologics) Receivables Turnover : 12.91 (As of Dec. 2017)

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What is EV Biologics 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. EV Biologics's Revenue for the three months ended in Dec. 2017 was $38.72 Mil. EV Biologics's average Accounts Receivable for the three months ended in Dec. 2017 was $3.00 Mil. Hence, EV Biologics's Receivables Turnover for the three months ended in Dec. 2017 was 12.91.

EV Biologics Receivables Turnover Historical Data

The historical data trend for EV Biologics'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.

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EV Biologics Receivables Turnover Chart

EV Biologics Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Receivables Turnover

10.72

9.72

6.37

5.66

1.78

EV Biologics Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17	Dec17
Receivables Turnover	Get a 7-Day Free Trial												0.55	0.53	9.02	-	12.91

Competitive Comparison of EV Biologics's Receivables Turnover

For the Biotechnology subindustry, EV Biologics'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.

EV Biologics's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, EV Biologics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where EV Biologics's Receivables Turnover falls into.

EV Biologics Receivables Turnover Calculation

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

EV Biologics's Receivables Turnover for the fiscal year that ended in Jun. 2017 is calculated as

	Receivables Turnover (A: Jun. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2017 )	/ (	(Accounts Receivable (A: Jun. 2016 )	+	Accounts Receivable (A: Jun. 2017 ))	/	count )
=	9.507	/ (	(5.728	+	4.965)	/	2 )
=	9.507	/	5.3465
=	1.78

EV Biologics's Receivables Turnover for the quarter that ended in Dec. 2017 is calculated as

	Receivables Turnover (Q: Dec. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2017 )	/ (	(Accounts Receivable (Q: Jun. 2017 )	+	Accounts Receivable (Q: Dec. 2017 ))	/	count )
=	38.723	/ (	(4.965	+	1.032)	/	2 )
=	38.723	/	2.9985
=	12.91

EV Biologics (OTCPK:YECO) 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.

EV Biologics Receivables Turnover Related Terms

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EV Biologics (EV Biologics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » EV Biologics Inc (OTCPK:YECO) » Definitions » Receivables Turnover

Comparable Companies

XCNQ:NIRV ENVB BLCM NLSP BRTX ADTX XKRX:066830 ALLR XMAD:ADL ARTL

Traded in Other Exchanges

N/A

Address

1621 Central Avenue, Cheyenne, WY, USA, 82001

Website

https://www.evbiologics.com

EV Biologics Inc is developing the extraordinary biological properties of extracellular vesicles (EVs) to create the next generation of diagnostic modalities and safe, effective biotherapeutics to improve outcomes of serious clinical conditions, increase natural longevity and transform lives.

Executives

Daniel S Mckinney	director, 10 percent owner, officer: CEO	TWO IFC, 19TH FLOOR, 8 FINANCE STREET, CENTRAL, HONG KONG F4 000000
Michael W Harlan	director	C/O WASTE CONNECTIONS, INC., 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3