Salon City (Salon City) Receivables Turnover : 0.03 (As of Sep. 2008)

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What is Salon City 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. Salon City's Revenue for the three months ended in Sep. 2008 was $0.01 Mil. Salon City's average Accounts Receivable for the three months ended in Sep. 2008 was $0.15 Mil. Hence, Salon City's Receivables Turnover for the three months ended in Sep. 2008 was 0.03.

Salon City Receivables Turnover Historical Data

The historical data trend for Salon City'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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Salon City Receivables Turnover Chart

Salon City Annual Data

Trend

Dec06

Dec07

Receivables Turnover

5.79

11.82

Salon City Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Receivables Turnover	Get a 7-Day Free Trial			1.94	0.82	3.91	1.22	0.03

Competitive Comparison of Salon City's Receivables Turnover

For the Publishing subindustry, Salon City'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.

Salon City's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Salon City's Receivables Turnover falls into.

Salon City Receivables Turnover Calculation

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

Salon City'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 )
=	0.467	/ (	(0.07	+	0.009)	/	2 )
=	0.467	/	0.0395
=	11.82

Salon City'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 )
=	0.005	/ (	(0.12	+	0.188)	/	2 )
=	0.005	/	0.154
=	0.03

Salon City (OTCPK:SALN) 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.

Salon City Receivables Turnover Related Terms

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Salon City (Salon City) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Salon City Inc (OTCPK:SALN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

909 North Palm Avenue, Suite 311, West Hollywood, CA, USA, 90069

Website

http://www.saloncity.com

Salon City Inc is engaged in the beauty industry through its media and network. Geographically the business presence of the group are seen in United States and internationally.

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