ATLT (Atlas Technology International) Receivables Turnover: 0.74 (As of Sep. 2017)


What is Atlas Technology International Receivables Turnover?

Atlas Technology International ATLT Receivables Turnover is 0.74 as of Sep. 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. Atlas Technology International's Revenue for the three months ended in Sep. 2017 was $2.22 Mil. Atlas Technology International's average Accounts Receivable for the three months ended in Sep. 2017 was $2.99 Mil. Hence, Atlas Technology International's Receivables Turnover for the three months ended in Sep. 2017 was 0.74.

Atlas Technology International  (OTCPK:ATLT) 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.

Atlas Technology International Receivables Turnover Related Terms

Atlas Technology International Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Atlas Technology 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.

Atlas Technology International Receivables Turnover Chart

Atlas Technology International Annual Data
Trend Jul14 Jul15 Jun16 Jun17
Receivables Turnover
0.00 0.00 0.00 1.69

Atlas Technology International Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Sep16 Dec16 Mar17 Jun17 Sep17
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 1.00 1.26 1.05 0.88 0.74

ATLT vs MFCO, TNLX: Receivables Turnover Comparison

For the Electronic Components subindustry, Atlas Technology 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.

Atlas Technology International Receivables Turnover vs Hardware Industry

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

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


Atlas Technology International Receivables Turnover Calculation

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

Atlas Technology International's Receivables Turnover for the fiscal year that ended in Jun. 2017 is calculated as

Receivables Turnover (A: Jun. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2017 ) / ((Accounts Receivable (A: Jun. 2016 ) + Accounts Receivable (A: Jun. 2017 )) / count )
=4.242 / ((0 + 2.517) / 1 )
=4.242 / 2.517
=1.69

Atlas Technology International's Receivables Turnover for the quarter that ended in Sep. 2017 is calculated as

Receivables Turnover (Q: Sep. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2017 ) / ((Accounts Receivable (Q: Jun. 2017 ) + Accounts Receivable (Q: Sep. 2017 )) / count )
=2.219 / ((2.517 + 3.46) / 2 )
=2.219 / 2.9885
=0.74

* 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 0.74 mean?
Atlas Technology International (ATLT) has a Receivables Turnover of 0.74 as of Sep. 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 Atlas Technology International and its competitors.
Is Atlas Technology International's Receivables Turnover too high?
Atlas Technology International's current Receivables Turnover is 0.74. The Hardware industry median Receivables Turnover is 4.89. Atlas Technology International's value of 0.74 is 84.9% below this industry median.
How does Atlas Technology International's Receivables Turnover compare to MFCO and TNLX?
Atlas Technology International's Receivables Turnover of 0.74 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.89. Atlas Technology International's value of 0.74 is 84.9% 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 4.89, based on 2,467 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. Atlas Technology International's current Receivables Turnover of 0.74 is 84.9% 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 Atlas Technology International and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Technology International's current Receivables Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Technology International stock overvalued right now?
Atlas Technology International (ATLT) has a current Receivables Turnover of 0.74. The current Receivables Turnover is 0.74 and 84.9% below the Hardware industry median of 4.89. 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 Atlas Technology International (ATLT), the current Receivables Turnover is 0.74 as of Sep. 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.

Atlas Technology International Business Description

Address 15260 Ventura Boulevard, Suite 1010, Sherman Oaks, Los Angeles, CA, USA, 91430
Atlas Technology International Inc is a designer, manufacturer and distributor of touchscreen devices to consumer electronic producers. It manufactures products in a wide array of industries such as GPS, watches, point-of-sale (POS), hospitality, medical/healthcare IT, industrial, and consumer. The company produces complete touchscreen displays and display enhancements in North America and provides in-flight entertainment (IFE) touchscreen solutions to the commercial aerospace industry.