Artec Global Media (Artec Global Media) Receivables Turnover : 24.22 (As of Apr. 2016)

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What is Artec Global Media 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. Artec Global Media's Revenue for the three months ended in Apr. 2016 was $0.22 Mil. Artec Global Media's average Accounts Receivable for the three months ended in Apr. 2016 was $0.01 Mil. Hence, Artec Global Media's Receivables Turnover for the three months ended in Apr. 2016 was 24.22.

Artec Global Media Receivables Turnover Historical Data

The historical data trend for Artec Global Media'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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Artec Global Media Receivables Turnover Chart

Artec Global Media Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Receivables Turnover

17.56

48.72

Artec Global Media Quarterly Data
	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16
Receivables Turnover	Get a 7-Day Free Trial								8.77	6.78	66.00	23.78	24.22

Competitive Comparison of Artec Global Media's Receivables Turnover

For the Advertising Agencies subindustry, Artec Global Media'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.

Artec Global Media's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Artec Global Media's Receivables Turnover falls into.

Artec Global Media Receivables Turnover Calculation

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

Artec Global Media's Receivables Turnover for the fiscal year that ended in Jan. 2016 is calculated as

	Receivables Turnover (A: Jan. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2016 )	/ (	(Accounts Receivable (A: Jan. 2015 )	+	Accounts Receivable (A: Jan. 2016 ))	/	count )
=	0.609	/ (	(0.016	+	0.009)	/	2 )
=	0.609	/	0.0125
=	48.72

Artec Global Media's Receivables Turnover for the quarter that ended in Apr. 2016 is calculated as

	Receivables Turnover (Q: Apr. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Apr. 2016 )	/ (	(Accounts Receivable (Q: Jan. 2016 )	+	Accounts Receivable (Q: Apr. 2016 ))	/	count )
=	0.218	/ (	(0.009	+	0)	/	1 )
=	0.218	/	0.009
=	24.22

Artec Global Media (OTCPK:ACTL) 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.

Artec Global Media Receivables Turnover Related Terms

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Artec Global Media (Artec Global Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Artec Global Media Inc (OTCPK:ACTL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 East William Street, Suite 204, Carson City, NV, USA, 89701

Website

http://www.artecinc.net

Artec Global Media Inc is a US-based digital and mainstream marketing firm. It provides online marketing and reporting solutions to companies. It sells its marketing products based on a consultative approach to discover customer needs and build pricing and packages. It offers lead generation, performance media marketing, and affiliate marketing, as well as other related web services and consultation. The group generates revenue by providing marketing and advertising solutions for clients through direct sales and online marketing platform.

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