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AGSS (Ameriguard Security Services) Receivables Turnover : 3.97 (As of Sep. 2024)


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What is Ameriguard Security Services 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. Ameriguard Security Services's Revenue for the three months ended in Sep. 2024 was $6.98 Mil. Ameriguard Security Services's average Accounts Receivable for the three months ended in Sep. 2024 was $1.76 Mil. Hence, Ameriguard Security Services's Receivables Turnover for the three months ended in Sep. 2024 was 3.97.


Ameriguard Security Services Receivables Turnover Historical Data

The historical data trend for Ameriguard Security Services'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.

* Premium members only.

Ameriguard Security Services Receivables Turnover Chart

Ameriguard Security Services Annual Data
Trend Dec11 Dec12 Dec13 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 6.73 - 10.13 13.73 13.48

Ameriguard Security Services Quarterly Data
Jun14 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.51 3.27 4.04 4.07 3.97

Competitive Comparison of Ameriguard Security Services's Receivables Turnover

For the Security & Protection Services subindustry, Ameriguard Security Services'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.


Ameriguard Security Services's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ameriguard Security Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ameriguard Security Services's Receivables Turnover falls into.



Ameriguard Security Services Receivables Turnover Calculation

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

Ameriguard Security Services's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=24.351 / ((2.03 + 1.583) / 2 )
=24.351 / 1.8065
=13.48

Ameriguard Security Services's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=6.975 / ((1.825 + 1.69) / 2 )
=6.975 / 1.7575
=3.97

* 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.


Ameriguard Security Services  (OTCPK:AGSS) 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.


Ameriguard Security Services Receivables Turnover Related Terms

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Ameriguard Security Services Business Description

Traded in Other Exchanges
N/A
Address
5470 West Spruce Avenue, Suite 102, Fresno, CA, USA, 93722
Ameriguard Security Services Inc principally provides guard services to governmental, quasi-governmental, and commercial property management. Guard services include providing armed and unarmed uniformed security personnel for access control, mobile patrols, traffic control, security console/system operators, fire safety directors, communication, reception, concierge, and front desk/doorman operations.