Green Globe International (Green Globe International) Receivables Turnover : 1.50 (As of Sep. 2008)

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What is Green Globe International 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. Green Globe International's Revenue for the three months ended in Sep. 2008 was $0.02 Mil. Green Globe International's average Accounts Receivable for the three months ended in Sep. 2008 was $0.01 Mil. Hence, Green Globe International's Receivables Turnover for the three months ended in Sep. 2008 was 1.50.

Green Globe International Receivables Turnover Historical Data

The historical data trend for Green Globe International'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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Green Globe International Receivables Turnover Chart

Green Globe International Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Receivables Turnover

Green Globe International Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Receivables Turnover	Get a 7-Day Free Trial														-	-	-	1.00	1.50

Competitive Comparison of Green Globe International's Receivables Turnover

For the Tobacco subindustry, Green Globe International'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.

Green Globe International's Receivables Turnover Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Green Globe International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Green Globe International's Receivables Turnover falls into.

Green Globe International Receivables Turnover Calculation

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

Green Globe International's Receivables Turnover for the fiscal year that ended in Dec. 2007 is calculated as

	Receivables Turnover (A: Dec. 2007 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2007 )	/ (	(Accounts Receivable (A: Dec. 2006 )	+	Accounts Receivable (A: Dec. 2007 ))	/	count )
=	0.002	/ (	(0	+	0)	/	1 )
=	0.002	/	0
=	N/A

Green Globe International's Receivables Turnover for the quarter that ended in Sep. 2008 is calculated as

	Receivables Turnover (Q: Sep. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2008 )	/ (	(Accounts Receivable (Q: Jun. 2008 )	+	Accounts Receivable (Q: Sep. 2008 ))	/	count )
=	0.015	/ (	(0.01	+	0)	/	1 )
=	0.015	/	0.01
=	1.50

Green Globe International (OTCPK:GGII) 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.

Green Globe International Receivables Turnover Related Terms

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Green Globe International (Green Globe International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Green Globe International Inc (OTCPK:GGII) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

8700 E Pinnacle Peak Road, Suite 210, Scottsdale, AZ, USA, 85255

Website

https://www.hempaccopackaging.com

Green Globe International Inc is a Hemp manufacturing company. It is engaged in the manufacturing and sales of CBD Hemp cigarettes. The company generates revenue from two streams- manufacturing and commercial product supply and white label development services.

Executives

David E Jenkins

director, 10 percent owner, officer: President

406 NORTH HERMOSA DRIVE, PALM SPRINGS CA 92262