Znergy (Znergy) Receivables Turnover : 9.93 (As of Sep. 2019)

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What is Znergy 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. Znergy's Revenue for the three months ended in Sep. 2019 was $1.00 Mil. Znergy's average Accounts Receivable for the three months ended in Sep. 2019 was $0.10 Mil. Hence, Znergy's Receivables Turnover for the three months ended in Sep. 2019 was 9.93.

Znergy Receivables Turnover Historical Data

The historical data trend for Znergy'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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Znergy Receivables Turnover Chart

Znergy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Receivables Turnover

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2.46

12.70

12.85

Znergy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Receivables Turnover	Get a 7-Day Free Trial															7.67	2.64	13.36	6.62	9.93

Competitive Comparison of Znergy's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Znergy'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.

Znergy's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Znergy's Receivables Turnover distribution charts can be found below:

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

Znergy Receivables Turnover Calculation

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

Znergy's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Receivables Turnover (A: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2018 )	/ (	(Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )
=	1.452	/ (	(0.113	+	0)	/	1 )
=	1.452	/	0.113
=	12.85

Znergy's Receivables Turnover for the quarter that ended in Sep. 2019 is calculated as

	Receivables Turnover (Q: Sep. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2019 )	/ (	(Accounts Receivable (Q: Jun. 2019 )	+	Accounts Receivable (Q: Sep. 2019 ))	/	count )
=	0.998	/ (	(0.112	+	0.089)	/	2 )
=	0.998	/	0.1005
=	9.93

Znergy (OTCPK:ZNRG) 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.

Znergy Receivables Turnover Related Terms

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Znergy (Znergy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Znergy Inc (OTCPK:ZNRG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

808 A South Huntington Street, Suite G, Syracuse, IN, USA, 46567

Website

https://www.znergyworld.com

Znergy Inc is a provider of energy-efficient lighting products, lighting controls and energy management solutions. The company offers a full turn-key lighting solution which includes economic assessments, and energy efficient analysis.

Executives

Kevin Harrington

director

14044 ICOT BLVD., CLEARWATER FL 33760

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