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Collexis Holdings (Collexis Holdings) Receivables Turnover : 1.71 (As of Mar. 2009)


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What is Collexis 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. Collexis Holdings's Revenue for the three months ended in Mar. 2009 was $1.46 Mil. Collexis Holdings's average Accounts Receivable for the three months ended in Mar. 2009 was $0.85 Mil. Hence, Collexis Holdings's Receivables Turnover for the three months ended in Mar. 2009 was 1.71.


Collexis Holdings Receivables Turnover Historical Data

The historical data trend for Collexis 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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Collexis Holdings Receivables Turnover Chart

Collexis Holdings Annual Data
Trend Jun06 Jun07 Jun08
Receivables Turnover
1.45 1.59 4.53

Collexis Holdings Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.21 1.44 1.43 2.04 1.71

Competitive Comparison of Collexis Holdings's Receivables Turnover

For the Software - Application subindustry, Collexis 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.


Collexis Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Collexis Holdings's Receivables Turnover distribution charts can be found below:

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



Collexis Holdings Receivables Turnover Calculation

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

Collexis Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2008 is calculated as

Receivables Turnover (A: Jun. 2008 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2008 ) / ((Accounts Receivable (A: Jun. 2007 ) + Accounts Receivable (A: Jun. 2008 )) / count )
=4.105 / ((0.618 + 1.194) / 2 )
=4.105 / 0.906
=4.53

Collexis Holdings's Receivables Turnover for the quarter that ended in Mar. 2009 is calculated as

Receivables Turnover (Q: Mar. 2009 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2009 ) / ((Accounts Receivable (Q: Dec. 2008 ) + Accounts Receivable (Q: Mar. 2009 )) / count )
=1.462 / ((0.998 + 0.707) / 2 )
=1.462 / 0.8525
=1.71

* 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.


Collexis Holdings  (GREY:CLXS) 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.


Collexis Holdings Receivables Turnover Related Terms

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Collexis Holdings (Collexis Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1201 Main Street, Suite 980, Columbia, SC, USA, 29201
Collexis Holdings Inc is a software development company. It develops software that supports the knowledge intensive market, building tools to search and mine large sets of information.

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