Astea International (Astea International) Receivables Turnover : 1.19 (As of Sep. 2019)

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What is Astea International 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. Astea International's Revenue for the three months ended in Sep. 2019 was $5.96 Mil. Astea International's average Accounts Receivable for the three months ended in Sep. 2019 was $5.01 Mil. Hence, Astea International's Receivables Turnover for the three months ended in Sep. 2019 was 1.19.

Astea International Receivables Turnover Historical Data

The historical data trend for Astea International'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.

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Astea International Receivables Turnover Chart

Astea International Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Receivables Turnover

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4.92

4.99

5.04

Astea International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Receivables Turnover	Get a 7-Day Free Trial															1.14	1.05	1.31	1.27	1.19

Competitive Comparison of Astea International's Receivables Turnover

For the Software - Application subindustry, Astea International'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.

Astea International's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Astea International's Receivables Turnover falls into.

Astea International Receivables Turnover Calculation

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

Astea International's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Receivables Turnover (A: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2018 )	/ (	(Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )
=	27.468	/ (	(0	+	0)	/	1 )
=	27.468	/	0
=	N/A

Astea International's Receivables Turnover for the quarter that ended in Sep. 2019 is calculated as

	Receivables Turnover (Q: Sep. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2019 )	/ (	(Accounts Receivable (Q: Jun. 2019 )	+	Accounts Receivable (Q: Sep. 2019 ))	/	count )
=	5.96	/ (	(5.053	+	4.973)	/	2 )
=	5.96	/	5.013
=	1.19

Astea International (OTCPK:ATEA) 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.

Astea International Receivables Turnover Related Terms

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Astea International (Astea International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Astea International Inc (OTCPK:ATEA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

240 Gibraltar Road, Horsham, PA, USA, 19044

Website

http://www.astea.com

Astea International Inc develops markets and supports service management software solutions, which are licensed to companies that sell and service equipment or sell and deliver professional services. It offers software and services to automate enterprise business processes through analytical reporting. Its solutions are used in industries, such as information technology; medical devices and diagnostic systems; industrial controls and instrumentation; retail or point-of-sale equipment; heating, ventilation, air conditioning (HVAC); telecommunications, and other related industries with equipment sales and service requirements. The company operates through three geographical segments, including United States, Europe, and Asia/Pacific.

Executives

Kanen Wealth Management Llc	10 percent owner	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
David Kanen	10 percent owner	6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Fund, Lp	10 percent owner	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Reilly Thomas J Jr	director	C/O ASTEA INTERNATIONAL INC., 240 GIBRALTAR ROAD, HORSHAM PA 19044
Kernan V Oberting	other: Member of a 13(g) group	14 WESLEY STREET, HAMILTON D0 HM11