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. Andrea Electronics's Revenue for the
three
months ended in Dec. 2022 was $0.25 Mil. Andrea Electronics's average Accounts Receivable for the
three
months ended in Dec. 2022 was $0.24 Mil.
Hence, Andrea Electronics's Receivables Turnover for the
three
months ended in Dec. 2022 was 1.06.
Andrea Electronics (OTCPK:ANDR) 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.
Andrea Electronics Receivables Turnover Related Terms
Andrea Electronics Receivables Turnover Historical Data
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The historical data trend for Andrea Electronics'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.
ANDR vs GAXY, TKLS, WTO: Receivables Turnover Comparison
For the Consumer Electronics subindustry, Andrea Electronics'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.
Andrea Electronics Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Andrea Electronics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Andrea Electronics'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.
Andrea Electronics (ANDR) has a Receivables Turnover of 1.06 as of Dec. 2022. 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 Andrea Electronics and its competitors.
Is Andrea Electronics' Receivables Turnover too high?
Andrea Electronics' current Receivables Turnover is 1.06. The Hardware industry median Receivables Turnover is 4.90. Andrea Electronics' value of 1.06 is 78.4% below this industry median.
How does Andrea Electronics' Receivables Turnover compare to GAXY and TKLS?
Andrea Electronics' Receivables Turnover of 1.06 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.90. Andrea Electronics' value of 1.06 is 78.4% 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 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. Andrea Electronics's current Receivables Turnover of 1.06 is 78.4% 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 Andrea Electronics 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. Andrea Electronics's current Receivables Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andrea Electronics stock overvalued right now?
Andrea Electronics (ANDR) has a current Receivables Turnover of 1.06. The current Receivables Turnover is 1.06 and 78.4% below the Hardware industry median of 4.90. 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 Andrea Electronics (ANDR), the current Receivables Turnover is 1.06 as of Dec. 2022. 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.
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.
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