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Agent Information Software (Agent Information Software) Receivables Turnover : 4.63 (As of Dec. 2003)


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What is Agent Information Software 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. Agent Information Software's Revenue for the three months ended in Dec. 2003 was $1.33 Mil. Agent Information Software's average Accounts Receivable for the three months ended in Dec. 2003 was $0.29 Mil. Hence, Agent Information Software's Receivables Turnover for the three months ended in Dec. 2003 was 4.63.


Agent Information Software Receivables Turnover Historical Data

The historical data trend for Agent Information Software'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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Agent Information Software Receivables Turnover Chart

Agent Information Software Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03
Receivables Turnover
5.99 6.21 8.72 12.96 16.01

Agent Information Software Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 4.63 5.12 6.22 7.28 4.63

Competitive Comparison of Agent Information Software's Receivables Turnover

For the Software - Application subindustry, Agent Information Software'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.


Agent Information Software's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Agent Information Software's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Agent Information Software's Receivables Turnover falls into.



Agent Information Software Receivables Turnover Calculation

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

Agent Information Software's Receivables Turnover for the fiscal year that ended in Dec. 2003 is calculated as

Receivables Turnover (A: Dec. 2003 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2003 ) / ((Accounts Receivable (A: Dec. 2002 ) + Accounts Receivable (A: Dec. 2003 )) / count )
=5.772 / ((0.332 + 0.389) / 2 )
=5.772 / 0.3605
=16.01

Agent Information Software's Receivables Turnover for the quarter that ended in Dec. 2003 is calculated as

Receivables Turnover (Q: Dec. 2003 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2003 ) / ((Accounts Receivable (Q: Sep. 2003 ) + Accounts Receivable (Q: Dec. 2003 )) / count )
=1.329 / ((0.185 + 0.389) / 2 )
=1.329 / 0.287
=4.63

* 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.


Agent Information Software  (OTCPK:AIFS) 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.


Agent Information Software Receivables Turnover Related Terms

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Agent Information Software (Agent Information Software) Business Description

Traded in Other Exchanges
N/A
Address
760 East Francis Street, Units C & D, Ontario, CA, USA, 91761
Agent Information Software Inc provides software products and services that create, manage, publish, and access information content through the Internet or the web. The company offers data automation solutions to customers across multiple industries. Additionally, it also renders software as a service (SaaS), database subscriptions, software maintenance, and support contract services. The Company derives its revenues from various software subscriptions, maintenance and support services, licensing and other non-recurring services.