ADSV (Allied Security Innovations) Receivables Turnover: 1.03 (As of Dec. 2017)


What is Allied Security Innovations Receivables Turnover?

Allied Security Innovations ADSV Receivables Turnover is 1.03 as of Dec. 2017.

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. Allied Security Innovations's Revenue for the six months ended in Dec. 2017 was $0.36 Mil. Allied Security Innovations's average Accounts Receivable for the six months ended in Dec. 2017 was $0.35 Mil. Hence, Allied Security Innovations's Receivables Turnover for the six months ended in Dec. 2017 was 1.03.

Allied Security Innovations  (OTCPK:ADSV) 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.

Allied Security Innovations Receivables Turnover Related Terms

Allied Security Innovations Receivables Turnover Historical Data

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The historical data trend for Allied Security Innovations'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.

Allied Security Innovations Receivables Turnover Chart

Allied Security Innovations Annual Data
Trend Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.25 8.68 1.69 1.24 1.03

Allied Security Innovations Semi-Annual Data
Dec99 Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec15 Dec16 Dec17
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 10.25 8.68 1.69 1.24 1.03

ADSV vs VMII, MGSGF, SOFT: Receivables Turnover Comparison

For the Software - Application subindustry, Allied Security Innovations'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.

Allied Security Innovations Receivables Turnover vs Software Industry

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

* The bar in red indicates where Allied Security Innovations's Receivables Turnover falls into.


Allied Security Innovations Receivables Turnover Calculation

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

Allied Security Innovations's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=0.359 / ((0.36 + 0.338) / 2 )
=0.359 / 0.349
=1.03

Allied Security Innovations's Receivables Turnover for the quarter that ended in Dec. 2017 is calculated as

Receivables Turnover (Q: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Dec. 2017 )) / count )
=0.359 / ((0.36 + 0.338) / 2 )
=0.359 / 0.349
=1.03

* 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 1.03 mean?
Allied Security Innovations (ADSV) has a Receivables Turnover of 1.03 as of Dec. 2017. 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 Allied Security Innovations and its competitors.
Is Allied Security Innovations' Receivables Turnover too high?
Allied Security Innovations' current Receivables Turnover is 1.03. The Software industry median Receivables Turnover is 5.69. Allied Security Innovations' value of 1.03 is 81.9% below this industry median.
How does Allied Security Innovations' Receivables Turnover compare to VMII and MGSGF?
Allied Security Innovations' Receivables Turnover of 1.03 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.69. Allied Security Innovations' value of 1.03 is 81.9% 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 a Software company?
The median Receivables Turnover among Software companies is 5.69, based on 2,771 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. Allied Security Innovations's current Receivables Turnover of 1.03 is 81.9% 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 Allied Security Innovations and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Security Innovations's current Receivables Turnover is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Security Innovations stock overvalued right now?
Allied Security Innovations (ADSV) has a current Receivables Turnover of 1.03. The current Receivables Turnover is 1.03 and 81.9% below the Software industry median of 5.69. 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 Allied Security Innovations (ADSV), the current Receivables Turnover is 1.03 as of Dec. 2017. 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.

Allied Security Innovations Business Description

Address 224 Datura Street, West Palm Beach, FL, USA, 33401
Allied Security Innovations Inc is engaged in developing and implementing software systems for law enforcement agencies and correctional facilities. The product of the company is Compu-Capture.