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TX Rail Products (TX Rail Products) Receivables Turnover : 0.00 (As of Sep. 2020)


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What is TX Rail Products 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. TX Rail Products's Revenue for the three months ended in Sep. 2020 was $0.00 Mil. TX Rail Products's average Accounts Receivable for the three months ended in Sep. 2020 was $0.20 Mil.


TX Rail Products Receivables Turnover Historical Data

The historical data trend for TX Rail Products'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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TX Rail Products Receivables Turnover Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 8.68 10.70 14.71 11.98

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
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 3.72 3.02 2.37 2.27 -

Competitive Comparison of TX Rail Products's Receivables Turnover

For the Industrial Distribution subindustry, TX Rail Products'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.


TX Rail Products's Receivables Turnover Distribution in the Industrial Distribution Industry

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

* The bar in red indicates where TX Rail Products's Receivables Turnover falls into.



TX Rail Products Receivables Turnover Calculation

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

TX Rail Products's Receivables Turnover for the fiscal year that ended in Sep. 2020 is calculated as

Receivables Turnover (A: Sep. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2020 ) / ((Accounts Receivable (A: Sep. 2019 ) + Accounts Receivable (A: Sep. 2020 )) / count )
=2.336 / ((0.275 + 0.115) / 2 )
=2.336 / 0.195
=11.98

TX Rail Products's Receivables Turnover for the quarter that ended in Sep. 2020 is calculated as

Receivables Turnover (Q: Sep. 2020 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2020 ) / ((Accounts Receivable (Q: Sep. 2019 ) + Accounts Receivable (Q: Sep. 2020 )) / count )
=0 / ((0.275 + 0.115) / 2 )
=0 / 0.195
=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.


TX Rail Products  (OTCPK:TXRP) 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.


TX Rail Products Receivables Turnover Related Terms

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TX Rail Products (TX Rail Products) Business Description

Traded in Other Exchanges
N/A
Address
12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.

TX Rail Products (TX Rail Products) Headlines

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