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GASE Energy (GASE Energy) Receivables Turnover : 5.43 (As of Sep. 2014)


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What is GASE Energy 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. GASE Energy's Revenue for the three months ended in Sep. 2014 was $0.06 Mil. GASE Energy's average Accounts Receivable for the three months ended in Sep. 2014 was $0.01 Mil. Hence, GASE Energy's Receivables Turnover for the three months ended in Sep. 2014 was 5.43.


GASE Energy Receivables Turnover Historical Data

The historical data trend for GASE Energy'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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GASE Energy Receivables Turnover Chart

GASE Energy Annual Data
Trend Dec11 Dec12 Dec13
Receivables Turnover
- 15.68 24.93

GASE Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 15.50 8.38 6.93 5.43

Competitive Comparison of GASE Energy's Receivables Turnover

For the Shell Companies subindustry, GASE Energy'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.


GASE Energy's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GASE Energy's Receivables Turnover distribution charts can be found below:

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



GASE Energy Receivables Turnover Calculation

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

GASE Energy's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=0.349 / ((0.022 + 0.006) / 2 )
=0.349 / 0.014
=24.93

GASE Energy's Receivables Turnover for the quarter that ended in Sep. 2014 is calculated as

Receivables Turnover (Q: Sep. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2014 ) / ((Accounts Receivable (Q: Jun. 2014 ) + Accounts Receivable (Q: Sep. 2014 )) / count )
=0.057 / ((0.005 + 0.016) / 2 )
=0.057 / 0.0105
=5.43

* 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.


GASE Energy  (OTCPK:GASE) 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.


GASE Energy Receivables Turnover Related Terms

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GASE Energy (GASE Energy) Business Description

Traded in Other Exchanges
N/A
Address
61 Larbert Road, Southport, CT, USA, 06890
GASE Energy Inc is a shell company.

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