APGI (American Power Group) Receivables Turnover: 0.96 (As of Jun. 2017)

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What is American Power Group Receivables Turnover?

American Power Group APGI Receivables Turnover is 0.96 as of Jun. 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. American Power Group's Revenue for the three months ended in Jun. 2017 was $0.38 Mil. American Power Group's average Accounts Receivable for the three months ended in Jun. 2017 was $0.40 Mil. Hence, American Power Group's Receivables Turnover for the three months ended in Jun. 2017 was 0.96.


American Power Group  (OTCPK:APGI) 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 Power Group Receivables Turnover Related Terms


American Power Group Receivables Turnover Historical Data

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The historical data trend for American Power Group'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 Power Group Receivables Turnover Chart

American Power Group Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 6.87 3.78 2.37 3.15

American Power Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 1.67 0.71 0.91 2.00 0.96

APGI vs TNRG: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, American Power 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.


American Power Group Receivables Turnover vs Industrial Products Industry

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

* The bar in red indicates where American Power Group's Receivables Turnover falls into.



American Power Group Receivables Turnover Calculation

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

American Power Group's Receivables Turnover for the fiscal year that ended in Sep. 2016 is calculated as

Receivables Turnover (A: Sep. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2016 ) / ((Accounts Receivable (A: Sep. 2015 ) + Accounts Receivable (A: Sep. 2016 )) / count )
=1.863 / ((0.779 + 0.403) / 2 )
=1.863 / 0.591
=3.15

American Power Group's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

Receivables Turnover (Q: Jun. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2017 ) / ((Accounts Receivable (Q: Mar. 2017 ) + Accounts Receivable (Q: Jun. 2017 )) / count )
=0.382 / ((0.566 + 0.229) / 2 )
=0.382 / 0.3975
=0.96

* 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 0.96 mean?
American Power Group (APGI) has a Receivables Turnover of 0.96 as of Jun. 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 American Power Group and its competitors.
Is American Power Group's Receivables Turnover too high?
American Power Group's current Receivables Turnover is 0.96. The Industrial Products industry median Receivables Turnover is 4.45. American Power Group's value of 0.96 is 78.4% below this industry median.
How does American Power Group's Receivables Turnover compare to TNRG?
American Power Group's Receivables Turnover of 0.96 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. American Power Group's value of 0.96 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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 Power Group's current Receivables Turnover of 0.96 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 American Power Group 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 Power Group's current Receivables Turnover is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Power Group stock overvalued right now?
American Power Group (APGI) has a current Receivables Turnover of 0.96. The current Receivables Turnover is 0.96 and 78.4% 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 Power Group (APGI), the current Receivables Turnover is 0.96 as of Jun. 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.

American Power Group Business Description

Address 125th Avenue, No. 2204, P.O. Box 187, Algona, IA, USA, 50511
American Power Group Corp delivers alternative fuel solutions to the heavy-duty truck and stationary power generation industries. The company operates its business through two segments: Dual Fuel Conversions and Natural Gas Liquids Operations. The company offers vehicular and stationary solutions, and dual fuel conversions for marine, mining and rail applications. The company also provides flare capture and recovery services to oil and gas production companies. The geographic markets of the company include the United States and Canada. Geographically, the company receives maximum revenue from the United States.