APTY (APT Systems) Receivables Turnover: 0.00 (As of Oct. 2018)


What is APT Systems Receivables Turnover?

APT Systems APTY Receivables Turnover is 0.00 as of Oct. 2018.

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. APT Systems's Revenue for the three months ended in Oct. 2018 was $0.00 Mil. APT Systems's average Accounts Receivable for the three months ended in Oct. 2018 was $0.00 Mil.

APT Systems  (OTCPK:APTY) 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.

APT Systems Receivables Turnover Related Terms

APT Systems Receivables Turnover Historical Data

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The historical data trend for APT Systems'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.

APT Systems Receivables Turnover Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 20.00 0.00 0.00

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 0.00 0.00 0.00 0.00 0.00

APTY vs CLIS, AVOI, ISGN: Receivables Turnover Comparison

For the Software - Application subindustry, APT Systems'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.

APT Systems Receivables Turnover vs Software Industry

For the Software industry and Technology sector, APT Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where APT Systems's Receivables Turnover falls into.


APT Systems Receivables Turnover Calculation

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

APT Systems's Receivables Turnover for the fiscal year that ended in Jan. 2018 is calculated as

Receivables Turnover (A: Jan. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2018 ) / ((Accounts Receivable (A: Jan. 2017 ) + Accounts Receivable (A: Jan. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

APT Systems's Receivables Turnover for the quarter that ended in Oct. 2018 is calculated as

Receivables Turnover (Q: Oct. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Oct. 2018 ) / ((Accounts Receivable (Q: Jul. 2018 ) + Accounts Receivable (Q: Oct. 2018 )) / count )
=0.001 / ((0 + 0) / 1 )
=0.001 / 0
=N/A

* 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 0.00 mean?
APT Systems (APTY) has a Receivables Turnover of 0.00 as of Oct. 2018. 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 APT Systems and its competitors.
Is APT Systems' Receivables Turnover too high?
APT Systems' current Receivables Turnover is 0.00.
How does APT Systems' Receivables Turnover compare to CLIS and AVOI?
APT Systems' Receivables Turnover of 0.00 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.67. 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 Software company?
The median Receivables Turnover among Software companies is 5.67, based on 2,767 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. 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 APT Systems and its competitors. For the Software industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APT Systems's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APT Systems stock overvalued right now?
APT Systems (APTY) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 APT Systems (APTY), the current Receivables Turnover is 0.00 as of Oct. 2018. 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.

APT Systems Business Description

Address 505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of financial platforms and financial apps, and imagines new visual solutions for charting the financial markets. It is focused on building a financial ecosystem around the Verifundr escrow system, which is a payment distribution platform that can include smart contracts and a subscription trading service that is backed by a true stablecoin named Spera (SPRA). The company is also developing credentials for verifying and reporting on an accredited investor's status.