AMGY (American Metal & Technology) Receivables Turnover: 3.87 (As of Sep. 2010)


What is American Metal & Technology Receivables Turnover?

American Metal & Technology AMGY -99.00% Receivables Turnover is 3.87 as of Sep. 2010.

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 Metal & Technology's Revenue for the three months ended in Sep. 2010 was $2.99 Mil. American Metal & Technology's average Accounts Receivable for the three months ended in Sep. 2010 was $0.77 Mil. Hence, American Metal & Technology's Receivables Turnover for the three months ended in Sep. 2010 was 3.87.


American Metal & Technology  (OTCPK:AMGY) 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 Metal & Technology Receivables Turnover Related Terms


American Metal & Technology Receivables Turnover Historical Data

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The historical data trend for American Metal & Technology'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 Metal & Technology Receivables Turnover Chart

American Metal & Technology Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 7.99 20.89 14.56

American Metal & Technology Quarterly Data
Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 1.11 4.04 4.04 3.51 3.87

American Metal & Technology Receivables Turnover Competitor Comparison

For the Metal Fabrication subindustry, American Metal & Technology'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 Metal & Technology Receivables Turnover vs Industrial Products Industry

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

* The bar in red indicates where American Metal & Technology's Receivables Turnover falls into.



American Metal & Technology Receivables Turnover Calculation

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

American Metal & Technology's Receivables Turnover for the fiscal year that ended in Dec. 2009 is calculated as

Receivables Turnover (A: Dec. 2009 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2009 ) / ((Accounts Receivable (A: Dec. 2008 ) + Accounts Receivable (A: Dec. 2009 )) / count )
=4.717 / ((0.442 + 0.206) / 2 )
=4.717 / 0.324
=14.56

American Metal & Technology's Receivables Turnover for the quarter that ended in Sep. 2010 is calculated as

Receivables Turnover (Q: Sep. 2010 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2010 ) / ((Accounts Receivable (Q: Jun. 2010 ) + Accounts Receivable (Q: Sep. 2010 )) / count )
=2.99 / ((0.701 + 0.846) / 2 )
=2.99 / 0.7735
=3.87

* 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 3.87 mean?
American Metal & Technology (AMGY) has a Receivables Turnover of 3.87 as of Sep. 2010. 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 Metal & Technology and its competitors.
Is American Metal & Technology's Receivables Turnover too high?
American Metal & Technology's current Receivables Turnover is 3.87. The Industrial Products industry median Receivables Turnover is 4.45. American Metal & Technology's value of 3.87 is 13% below this industry median.
How does American Metal & Technology's Receivables Turnover compare to competitors?
American Metal & Technology's Receivables Turnover of 3.87 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. American Metal & Technology's value of 3.87 is 13% 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 3,021 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 Metal & Technology's current Receivables Turnover of 3.87 is 13% 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 Metal & Technology 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 Metal & Technology's current Receivables Turnover is 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Metal & Technology stock overvalued right now?
American Metal & Technology (AMGY) has a current Receivables Turnover of 3.87. The current Receivables Turnover is 3.87 and 13% 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 Metal & Technology (AMGY), the current Receivables Turnover is 3.87 as of Sep. 2010. 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 Metal & Technology Business Description

Address No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, CHN, 100041
American Metal & Technology Inc through its subsidiaries is engaged in precision casting, machining, mold design and manufacturing in the People's Republic of China. It manufacture investment casting and machined products, including valves, pipe fittings, dispensers, machinery spare parts, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts.