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Virtutone Networks (Virtutone Networks) Receivables Turnover : 1.60 (As of Oct. 2014)


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What is Virtutone Networks 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. Virtutone Networks's Revenue for the three months ended in Oct. 2014 was $35.32 Mil. Virtutone Networks's average Accounts Receivable for the three months ended in Oct. 2014 was $22.06 Mil. Hence, Virtutone Networks's Receivables Turnover for the three months ended in Oct. 2014 was 1.60.


Virtutone Networks Receivables Turnover Historical Data

The historical data trend for Virtutone Networks'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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Virtutone Networks Receivables Turnover Chart

Virtutone Networks Annual Data
Trend Mar06 Mar07 Mar08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 4.88 8.64 5.29 1.11 10.83

Virtutone Networks Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14
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 2.80 3.47 2.50 2.63 1.60

Competitive Comparison of Virtutone Networks's Receivables Turnover

For the Telecom Services subindustry, Virtutone Networks'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.


Virtutone Networks's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Virtutone Networks's Receivables Turnover distribution charts can be found below:

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



Virtutone Networks Receivables Turnover Calculation

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

Virtutone Networks's Receivables Turnover for the fiscal year that ended in Jan. 2014 is calculated as

Receivables Turnover (A: Jan. 2014 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2014 ) / ((Accounts Receivable (A: Jan. 2013 ) + Accounts Receivable (A: Jan. 2014 )) / count )
=44.629 / ((0.215 + 8.023) / 2 )
=44.629 / 4.119
=10.83

Virtutone Networks's Receivables Turnover for the quarter that ended in Oct. 2014 is calculated as

Receivables Turnover (Q: Oct. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2014 ) / ((Accounts Receivable (Q: Jul. 2014 ) + Accounts Receivable (Q: Oct. 2014 )) / count )
=35.321 / ((18.07 + 26.048) / 2 )
=35.321 / 22.059
=1.60

* 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.


Virtutone Networks  (OTCPK:VRTWF) 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.


Virtutone Networks Receivables Turnover Related Terms

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Virtutone Networks (Virtutone Networks) Business Description

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Virtutone Networks, Inc. is incorporated under the laws of the Province of Alberta. The Company is a provider of Voice over Internet Protocol, Fax over Internet Protocol, and related phone services to business and residential customers.

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