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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. Addvantage Technologies Group's Revenue for the
three
months ended in Sep. 2023 was $10.34 Mil. Addvantage Technologies Group's average Accounts Receivable for the
three
months ended in Sep. 2023 was $1.44 Mil.
Hence, Addvantage Technologies Group's Receivables Turnover for the
three
months ended in Sep. 2023 was 7.19.
Addvantage Technologies Group (OTCPK:AEYGQ) 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.
Addvantage Technologies Group Receivables Turnover Related Terms
Addvantage Technologies Group Receivables Turnover Historical Data
* 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.
Addvantage Technologies Group Receivables Turnover Chart
AEYGQ vs MMLP, PHX, NGS: Receivables Turnover Comparison
For the Electronics & Computer Distribution subindustry, Addvantage Technologies Group'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.
Addvantage Technologies Group Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Addvantage Technologies Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Addvantage Technologies Group's Receivables Turnover falls into.
* 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.
Addvantage Technologies Group (AEYGQ) has a Receivables Turnover of 7.19 as of Sep. 2023. 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 Addvantage Technologies Group and its competitors.
Is Addvantage Technologies Group's Receivables Turnover too high?
Addvantage Technologies Group's current Receivables Turnover is 7.19. The Hardware industry median Receivables Turnover is 4.90. Addvantage Technologies Group's value of 7.19 is 46.7% above this industry median. Overall, Addvantage Technologies Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Addvantage Technologies Group's Receivables Turnover compare to MMLP and PHX?
Addvantage Technologies Group's Receivables Turnover of 7.19 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.90. Addvantage Technologies Group's value of 7.19 is 46.7% above 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,469 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. Addvantage Technologies Group's current Receivables Turnover of 7.19 is 46.7% above 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 Addvantage Technologies Group and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Addvantage Technologies Group's current Receivables Turnover is 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Addvantage Technologies Group stock overvalued right now?
Addvantage Technologies Group (AEYGQ) has a current Receivables Turnover of 7.19. The current Receivables Turnover is 7.19 and 46.7% above the Hardware industry median of 4.90. Addvantage Technologies Group's overall GF Score™ is 16/100. 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 Addvantage Technologies Group (AEYGQ), the current Receivables Turnover is 7.19 as of Sep. 2023. 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.
Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services, including the installation, modification, and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners, and majority equipment manufacturers. Its Telecommunications segment sells equipment used to acquire, distribute, and protect communications signals. The Telecommunications segment generates the maximum revenue for the company.
16GF Score
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