AACS (American Commerce Solutions) Receivables Turnover: 3.36 (As of Feb. 2016)

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What is American Commerce Solutions Receivables Turnover?

American Commerce Solutions AACS -99.00% Receivables Turnover is 3.36 as of Feb. 2016.

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. American Commerce Solutions's Revenue for the three months ended in Feb. 2016 was $0.50 Mil. American Commerce Solutions's average Accounts Receivable for the three months ended in Feb. 2016 was $0.15 Mil. Hence, American Commerce Solutions's Receivables Turnover for the three months ended in Feb. 2016 was 3.36.

American Commerce Solutions  (OTCPK:AACS) 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.

American Commerce Solutions Receivables Turnover Related Terms

American Commerce Solutions Receivables Turnover Historical Data

* Premium members only.

The historical data trend for American Commerce Solutions'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.

American Commerce Solutions Receivables Turnover Chart

American Commerce Solutions Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.42 16.56 20.43 20.93 14.82

American Commerce Solutions Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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 3.20 4.23 4.28 3.91 3.36

AACS vs TGTMF, EVTN, TNRG: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, American Commerce Solutions'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.

American Commerce Solutions Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, American Commerce Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where American Commerce Solutions's Receivables Turnover falls into.


American Commerce Solutions Receivables Turnover Calculation

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

American Commerce Solutions's Receivables Turnover for the fiscal year that ended in Feb. 2016 is calculated as

Receivables Turnover (A: Feb. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Feb. 2016 ) / ((Accounts Receivable (A: Feb. 2015 ) + Accounts Receivable (A: Feb. 2016 )) / count )
=2.053 / ((0.112 + 0.165) / 2 )
=2.053 / 0.1385
=14.82

American Commerce Solutions's Receivables Turnover for the quarter that ended in Feb. 2016 is calculated as

Receivables Turnover (Q: Feb. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2016 ) / ((Accounts Receivable (Q: Nov. 2015 ) + Accounts Receivable (Q: Feb. 2016 )) / count )
=0.499 / ((0.132 + 0.165) / 2 )
=0.499 / 0.1485
=3.36

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.36 mean?
American Commerce Solutions (AACS) has a Receivables Turnover of 3.36 as of Feb. 2016. The accounts 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. View historical data on American Commerce Solutions and its competitors.
Is American Commerce Solutions' Receivables Turnover too high?
American Commerce Solutions' current Receivables Turnover is 3.36. The Industrial Products industry median Receivables Turnover is 4.45. American Commerce Solutions' value of 3.36 is 24.5% below this industry median.
How does American Commerce Solutions' Receivables Turnover compare to TGTMF and EVTN?
American Commerce Solutions' Receivables Turnover of 3.36 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. American Commerce Solutions' value of 3.36 is 24.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Commerce Solutions's current Receivables Turnover of 3.36 is 24.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on American Commerce Solutions and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Commerce Solutions's current Receivables Turnover is 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Commerce Solutions stock overvalued right now?
American Commerce Solutions (AACS) has a current Receivables Turnover of 3.36. The current Receivables Turnover is 3.36 and 24.5% below the Industrial Products industry median of 4.45. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For American Commerce Solutions (AACS), the current Receivables Turnover is 3.36 as of Feb. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Commerce Solutions Business Description

Address 1502 North Taylor Road, Brandon, FL, USA, 33510
American Commerce Solutions Inc is a multi-industry holding company with a wholly owned subsidiary. The company is engaged in the machining and fabrication of parts used in heavy industry, and parts sales and service for heavy construction equipment.