BSTK (Brite-Strike Tactical Illumination Products) Receivables Turnover: 9.96 (As of Dec. 2015)

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What is Brite-Strike Tactical Illumination Products Receivables Turnover?

Brite-Strike Tactical Illumination Products BSTK Receivables Turnover is 9.96 as of Dec. 2015.

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. Brite-Strike Tactical Illumination Products's Revenue for the three months ended in Dec. 2015 was $0.25 Mil. Brite-Strike Tactical Illumination Products's average Accounts Receivable for the three months ended in Dec. 2015 was $0.03 Mil. Hence, Brite-Strike Tactical Illumination Products's Receivables Turnover for the three months ended in Dec. 2015 was 9.96.


Brite-Strike Tactical Illumination Products  (OTCPK:BSTK) 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.


Brite-Strike Tactical Illumination Products Receivables Turnover Related Terms


Brite-Strike Tactical Illumination Products Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Receivables Turnover Chart

Brite-Strike Tactical Illumination Products Annual Data
Trend Dec96 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
0.00 8.40 13.61 11.39 22.09

Brite-Strike Tactical Illumination Products Quarterly Data
Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15
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 6.10 3.86 1.39 7.84 9.96

BSTK vs CHEV, DCFCQ, KRFG: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.


Brite-Strike Tactical Illumination Products Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Receivables Turnover falls into.



Brite-Strike Tactical Illumination Products Receivables Turnover Calculation

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

Brite-Strike Tactical Illumination Products's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=1.027 / ((0.067 + 0.026) / 2 )
=1.027 / 0.0465
=22.09

Brite-Strike Tactical Illumination Products's Receivables Turnover for the quarter that ended in Dec. 2015 is calculated as

Receivables Turnover (Q: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2015 ) / ((Accounts Receivable (Q: Sep. 2015 ) + Accounts Receivable (Q: Dec. 2015 )) / count )
=0.249 / ((0.024 + 0.026) / 2 )
=0.249 / 0.025
=9.96

* 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 9.96 mean?
Brite-Strike Tactical Illumination Products (BSTK) has a Receivables Turnover of 9.96 as of Dec. 2015. 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 Brite-Strike Tactical Illumination Products and its competitors.
Is Brite-Strike Tactical Illumination Products' Receivables Turnover too high?
Brite-Strike Tactical Illumination Products' current Receivables Turnover is 9.96. The Industrial Products industry median Receivables Turnover is 4.49. Brite-Strike Tactical Illumination Products' value of 9.96 is 121.8% above this industry median.
How does Brite-Strike Tactical Illumination Products' Receivables Turnover compare to CHEV and DCFCQ?
Brite-Strike Tactical Illumination Products' Receivables Turnover of 9.96 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.49. Brite-Strike Tactical Illumination Products' value of 9.96 is 121.8% above 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 4.49, based on 3,032 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. Brite-Strike Tactical Illumination Products's current Receivables Turnover of 9.96 is 121.8% above 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 Brite-Strike Tactical Illumination Products and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brite-Strike Tactical Illumination Products's current Receivables Turnover is 9.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brite-Strike Tactical Illumination Products stock overvalued right now?
Brite-Strike Tactical Illumination Products (BSTK) has a current Receivables Turnover of 9.96. The current Receivables Turnover is 9.96 and 121.8% above the Industrial Products industry median of 4.49. 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 Brite-Strike Tactical Illumination Products (BSTK), the current Receivables Turnover is 9.96 as of Dec. 2015. 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.

Brite-Strike Tactical Illumination Products Business Description

Address 1145 Franklin Street, Duxbury, MA, USA, 02332
Brite-Strike Tactical Illumination Products Inc is engaged in the Design and manufacture micro circuit LEDs. The company develops and manufactures ultra-thin micro circuit-based LED lighting devices designed for waterproof and shockproof performance. Its products are used in applications such as military and law enforcement, outdoor recreation, marine, medical devices, and insect repelling. The company also designs and manufactures many other lighting products under its own brand.