GURUFOCUS.COM » STOCK LIST » Technology » Software » Speed Commerce Inc (OTCPK:SPDC) » Definitions » Sloan Ratio %

Speed Commerce (Speed Commerce) Sloan Ratio % : -158.58% (As of Dec. 2015)


View and export this data going back to 1993. Start your Free Trial

What is Speed Commerce Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Speed Commerce's Sloan Ratio for the quarter that ended in Dec. 2015 was -158.58%.

As of Dec. 2015, Speed Commerce has a Sloan Ratio of -158.58%, indicating there is a warning stage of accrual build up.


Speed Commerce Sloan Ratio % Historical Data

The historical data trend for Speed Commerce's Sloan 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.

* Premium members only.

Speed Commerce Sloan Ratio % Chart

Speed Commerce Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 -25.67 10.39 4.98 1.86

Speed Commerce Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Sloan Ratio % 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 10.89 1.86 18.61 2.75 -158.58

Competitive Comparison of Speed Commerce's Sloan Ratio %

For the Software - Application subindustry, Speed Commerce's Sloan Ratio %, along with its competitors' market caps and Sloan 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.


Speed Commerce's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Speed Commerce's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Speed Commerce's Sloan Ratio % falls into.



Speed Commerce Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Speed Commerce's Sloan Ratio for the fiscal year that ended in Mar. 2015 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2015 )-Cash Flow from Operations (A: Mar. 2015 )
-Cash Flow from Investing (A: Mar. 2015 ))/Total Assets (A: Mar. 2015 )
=(-56.026--0.655
--58.308)/158.282
=1.86%

Speed Commerce's Sloan Ratio for the quarter that ended in Dec. 2015 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2015 )
=(-134.083--10.888
--4.185)/75.045
=-158.58%

Speed Commerce's Net Income for the trailing twelve months (TTM) ended in Dec. 2015 was -34.322 (Mar. 2015 ) + -1.623 (Jun. 2015 ) + -25.909 (Sep. 2015 ) + -72.229 (Dec. 2015 ) = $-134.1 Mil.
Speed Commerce's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2015 was 1.308 (Mar. 2015 ) + -5.461 (Jun. 2015 ) + -5.339 (Sep. 2015 ) + -1.396 (Dec. 2015 ) = $-10.9 Mil.
Speed Commerce's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2015 was -0.794 (Mar. 2015 ) + -0.898 (Jun. 2015 ) + -2.104 (Sep. 2015 ) + -0.389 (Dec. 2015 ) = $-4.2 Mil.

* 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.


Speed Commerce  (OTCPK:SPDC) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Dec. 2015, Speed Commerce has a Sloan Ratio of -158.58%, indicating there is a warning stage of accrual build up.


Speed Commerce Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Speed Commerce's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Speed Commerce (Speed Commerce) Business Description

Traded in Other Exchanges
N/A
Address
1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081
Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.
Executives
Richard Willis director, officer: President and CEO 7400 49TH AVE. NORTH, NEW HOPE MN 55428
Bradley J. Shisler director 7400 49TH AVENUE NORTH, NEW HOPE MN 55428
Rebecca Lynn Atchison director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kathleen P Iverson director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven R Becker other: Member of a 13(d) 10% Group 5525 NAKOMA DRIVE, DALLAS TX 75209
Northern Right Capital Management, L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc other: Member of a 13(d) 10% Group 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Becker Drapkin Partners, L.p. other: Member of a 13(d) 10% Group 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin other: Member of a 13(d) 10% Group 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
David Dalvey director C/O BLUE ROCK ADVISORS, INC., 80 SOUTH EIGHTH STREET SUITE 3915, MINNEAPOLIS MN 55402

Speed Commerce (Speed Commerce) Headlines

From GuruFocus

Navarre Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 02-09-2010

Navarre Corporation: Activist Investor as Catalyst (NAVR)

By voisin Frank Voisin 03-11-2011

Navarre Corp. Reports Operating Results (10-K)

By gurufocus 10qk 06-11-2010

Navarre Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 02-09-2011

Navarre Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-13-2009

Navarre Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 08-16-2010

Weekly CEO Buys Highlight: NAVR, PNK, WHR, NCMI, VITC

By hyperman299 hyperman299 11-13-2011