GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 5Banc Split Inc (TSX:FBS.PR.C.PFD) » Definitions » Receivables Turnover

5Banc Split (TSX:FBS.PR.C.PFD) Receivables Turnover : 0.00 (As of Jun. 2016)


View and export this data going back to 2011. Start your Free Trial

What is 5Banc Split 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. 5Banc Split's Revenue for the six months ended in Jun. 2016 was C$2.99 Mil. 5Banc Split's average Accounts Receivable for the six months ended in Jun. 2016 was C$0.00 Mil.


5Banc Split Receivables Turnover Historical Data

The historical data trend for 5Banc Split'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.

* Premium members only.

5Banc Split Receivables Turnover Chart

5Banc Split Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

5Banc Split Semi-Annual Data
Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 - - - - -

Competitive Comparison of 5Banc Split's Receivables Turnover

For the Asset Management subindustry, 5Banc Split'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.


5Banc Split's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 5Banc Split's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 5Banc Split's Receivables Turnover falls into.



5Banc Split Receivables Turnover Calculation

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

5Banc Split's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=0.539 / ((0 + 0) / 1 )
=0.539 / 0
=N/A

5Banc Split's Receivables Turnover for the quarter that ended in Jun. 2016 is calculated as

Receivables Turnover (Q: Jun. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2016 ) / ((Accounts Receivable (Q: Dec. 2015 ) + Accounts Receivable (Q: Jun. 2016 )) / count )
=2.994 / ((0 + 0) / 1 )
=2.994 / 0
=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.


5Banc Split  (TSX:FBS.PR.C.PFD) 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.


5Banc Split Receivables Turnover Related Terms

Thank you for viewing the detailed overview of 5Banc Split's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


5Banc Split (TSX:FBS.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
5Banc Split, Inc. operates as a closed-end mutual fund in Canada. It invests in a portfolio of publicly listed common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and toronto-Dominion Bank. The Company holds the Portfolio Shares in order to generate fixed cumulative preferential dividends for the holders of the Company's Preferred Shares. Holders of the Capital Shares will also receive, subject to the prior rights of Preferred Shareholders, excess dividends, if any, after payment of the expenses of the Company and dividends on the Preferred Shares. The Company also provides holders of the Capital Shares with a leveraged investment, the value of which is linked to the changes in the fair value of the Portfolio Shares. The holders of Capital Shares benefit from capital appreciation in the Portfolio Shares in excess of the value of the Preferred Shares, any accrued and unpaid distributions on the Preferred Shares, and accrued and unpaid expenses. The Company only trades the Portfolio Shares in limited circumstances as described in the Company's original prospectus.

5Banc Split (TSX:FBS.PR.C.PFD) Headlines

No Headlines