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Zurvita Holdings (Zurvita Holdings) Receivables Turnover : 11.53 (As of Jan. 2013)


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What is Zurvita Holdings 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. Zurvita Holdings's Revenue for the three months ended in Jan. 2013 was $7.27 Mil. Zurvita Holdings's average Accounts Receivable for the three months ended in Jan. 2013 was $0.63 Mil. Hence, Zurvita Holdings's Receivables Turnover for the three months ended in Jan. 2013 was 11.53.


Zurvita Holdings Receivables Turnover Historical Data

The historical data trend for Zurvita Holdings'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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Zurvita Holdings Receivables Turnover Chart

Zurvita Holdings Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Receivables Turnover
Get a 7-Day Free Trial - - 68.17 27.23 28.65

Zurvita Holdings Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13
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 5.06 6.68 8.99 13.38 11.53

Competitive Comparison of Zurvita Holdings's Receivables Turnover

For the Household & Personal Products subindustry, Zurvita Holdings'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.


Zurvita Holdings's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zurvita Holdings's Receivables Turnover distribution charts can be found below:

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



Zurvita Holdings Receivables Turnover Calculation

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

Zurvita Holdings's Receivables Turnover for the fiscal year that ended in Jul. 2012 is calculated as

Receivables Turnover (A: Jul. 2012 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2012 ) / ((Accounts Receivable (A: Jul. 2011 ) + Accounts Receivable (A: Jul. 2012 )) / count )
=7.894 / ((0.203 + 0.348) / 2 )
=7.894 / 0.2755
=28.65

Zurvita Holdings's Receivables Turnover for the quarter that ended in Jan. 2013 is calculated as

Receivables Turnover (Q: Jan. 2013 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2013 ) / ((Accounts Receivable (Q: Oct. 2012 ) + Accounts Receivable (Q: Jan. 2013 )) / count )
=7.274 / ((0.571 + 0.691) / 2 )
=7.274 / 0.631
=11.53

* 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.


Zurvita Holdings  (OTCPK:ZRVT) 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.


Zurvita Holdings Receivables Turnover Related Terms

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Zurvita Holdings (Zurvita Holdings) Business Description

Traded in Other Exchanges
N/A
Address
800 Gessner Road, Houston, TX, USA, 77024
Zurvita Holdings Inc is a Delaware Corporation. The company is a provider of products and benefits through the use of a multi-level marketing distribution channel which consist of independent business operators. The Company's products include health-related membership programs, residential energy rate plans, identity theft and consumer credit services, as well as numerous low cost ancillary products. It also markets numerous low cost ancillary products such as home warranty, legal assistance and restoration services for identity theft and consumer credit.

Zurvita Holdings (Zurvita Holdings) Headlines