Transcom WorldWide has a quick ratio of 1.40. It generally indicates good short-term financial strength.
The historical rank and industry rank for Transcom WorldWide's Quick Ratio or its related term are showing as below:
LTS:0GO2'
s Quick Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.48 Max: 3.84
Current: 1.4
During the past 12 years, Transcom WorldWide's highest Quick Ratio was 3.84. The lowest was 0.85. And the median was 1.48.
LTS:0GO2's Quick Ratio is not ranked
in the Business Services industry.
Industry Median: 1.545
vs LTS:0GO2: 1.40
Transcom WorldWide Quick Ratio Historical Data
The historical data trend for Transcom WorldWide's Quick Ratio 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.
Competitive Comparison of Transcom WorldWide's Quick Ratio
For the Specialty Business Services subindustry, Transcom WorldWide's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Transcom WorldWide's Quick Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Transcom WorldWide's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Transcom WorldWide's Quick Ratio falls into.
Transcom WorldWide Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Transcom WorldWide's Quick Ratio for the fiscal year that ended in Dec. 2013 is calculated as
* 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.
Transcom WorldWide (LTS:0GO2) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Transcom WorldWide Quick Ratio Related Terms
Thank you for viewing the detailed overview of Transcom WorldWide's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Transcom WorldWide (LTS:0GO2) Business Description
Transcom WorldWide SA was established in 1995. Together with its subsidiaries provide multi-language customer relationship management products and services ('CRM') and credit management services ('CMS'), including customer help lines and other telephone-based marketing and customer service programs ('teleservices') to clients in customer-intensive industries. The Group has two primary sources of revenues being its CRM (Customer Relationship Management) and its CMS (Credit Management Services) businesses. In relation to its CRM business, revenue mainly arise from call services operations. In relation to its CMS business, revenue mainly arise from fees and commissions generated from the collection of receivables on behalf of customers. The Company's operating segments are North Europe CRM (Denmark, Netherlands, Norway, Sweden, Estonia, Latvia and Lithuania), Central & South Europe CRM (Austria, Belgium, Croatia, Germany, Hungary, Italy, luxembourg, Poland, Slovakia, Switzerland, and Tunisia), Iberia & latam CRM (Chile, Peru, Portugal and Spain), North America & Asia Pacific CRM (Canada, the Philippines, USA, the United Kingdom and Australia), and CMS (Austria, the Czech Republic, the United Kingdom, Poland, Denmark, Norway and Sweden).
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