TiVo (TIVO) Receivables Turnover : 0.99 (As of Mar. 2020)

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What is TiVo 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. TiVo's Revenue for the three months ended in Mar. 2020 was $159.9 Mil. TiVo's average Accounts Receivable for the three months ended in Mar. 2020 was $161.3 Mil. Hence, TiVo's Receivables Turnover for the three months ended in Mar. 2020 was 0.99.

TiVo Receivables Turnover Historical Data

The historical data trend for TiVo'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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TiVo Receivables Turnover Chart

TiVo Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Receivables Turnover

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6.17

5.54

5.04

4.17

4.30

TiVo Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Receivables Turnover	Get a 7-Day Free Trial															1.02	1.05	0.88	1.03	0.99

Competitive Comparison of TiVo's Receivables Turnover

For the Software - Application subindustry, TiVo'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.

TiVo's Receivables Turnover Distribution in the Software Industry

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

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

TiVo Receivables Turnover Calculation

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

TiVo's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Receivables Turnover (A: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2019 )	/ (	(Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )
=	668.129	/ (	(152.866	+	158.016)	/	2 )
=	668.129	/	155.441
=	4.30

TiVo's Receivables Turnover for the quarter that ended in Mar. 2020 is calculated as

	Receivables Turnover (Q: Mar. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2020 )	/ (	(Accounts Receivable (Q: Dec. 2019 )	+	Accounts Receivable (Q: Mar. 2020 ))	/	count )
=	159.861	/ (	(158.016	+	164.618)	/	2 )
=	159.861	/	161.317
=	0.99

TiVo (NAS:TIVO) 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.

TiVo Receivables Turnover Related Terms

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TiVo (TIVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TiVo Corp (NAS:TIVO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2160 Gold Street, San Jose, CA, USA, 95002

Website

http://www.tivo.com

TiVo Corp is engaged in media and entertainment products. It provides a broad set of cloud-based services, embedded software solutions and intellectual property that enable people to find and enjoy online video, television programming, movies and music entertainment. In addition, it also offers advanced media and advertising solutions, including viewership data, audience insights and advertising and programming promotion optimization, which enable advanced audience targeting in linear television advertising. The group solutions are sold globally to cable, satellite, and telecommunications pay-TV service providers, virtual service providers, content and new media companies and advertisers. Geographically its presence is seen in US and other international markets.