CCOP (Competitive) Receivables Turnover: 3.40 (As of Sep. 2017)


What is Competitive Receivables Turnover?

Competitive CCOP Receivables Turnover is 3.40 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. Competitive's Revenue for the three months ended in Sep. 2017 was $0.02 Mil. Competitive's average Accounts Receivable for the three months ended in Sep. 2017 was $0.01 Mil. Hence, Competitive's Receivables Turnover for the three months ended in Sep. 2017 was 3.40.


Competitive  (OTCPK:CCOP) 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.


Competitive Receivables Turnover Related Terms


Competitive Receivables Turnover Historical Data

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The historical data trend for Competitive'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.

Competitive Receivables Turnover Chart

Competitive Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.00 79.08 45.11 14.73 17.82

Competitive Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.31 0.00 3.00 3.40 3.40

CCOP vs MTSL: Receivables Turnover Comparison

For the Telecom Services subindustry, Competitive'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.


Competitive Receivables Turnover vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Competitive's Receivables Turnover distribution charts can be found below:

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



Competitive Receivables Turnover Calculation

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

Competitive's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=0.098 / ((0.004 + 0.007) / 2 )
=0.098 / 0.0055
=17.82

Competitive'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 )
=0.017 / ((0.005 + 0.005) / 2 )
=0.017 / 0.005
=3.40

* 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 3.40 mean?
Competitive (CCOP) has a Receivables Turnover of 3.40 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 Competitive and its competitors.
Is Competitive's Receivables Turnover too high?
Competitive's current Receivables Turnover is 3.40. The Telecommunication Services industry median Receivables Turnover is 6.15. Competitive's value of 3.40 is 44.7% below this industry median.
How does Competitive's Receivables Turnover compare to MTSL?
Competitive's Receivables Turnover of 3.40 can be compared against companies in the Telecommunication Services industry. The industry median Receivables Turnover is 6.15. Competitive's value of 3.40 is 44.7% 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 Telecommunication Services company?
The median Receivables Turnover among Telecommunication Services companies is 6.15, based on 361 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. Competitive's current Receivables Turnover of 3.40 is 44.7% 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 Competitive and its competitors. For the Telecommunication Services industry, the median Receivables Turnover is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Competitive's current Receivables Turnover is 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Competitive stock overvalued right now?
Competitive (CCOP) has a current Receivables Turnover of 3.40. The current Receivables Turnover is 3.40 and 44.7% below the Telecommunication Services industry median of 6.15. 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 Competitive (CCOP), the current Receivables Turnover is 3.40 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.

Competitive Business Description

Address 19206 Huebner Road, Suite 202, San Antonio, TX, USA, 78258
Competitive Companies Inc is a US-based firm engaged in the telecommunication service business. The company is a holding company through its subsidiaries engages in providing fixed and mobile wireless broadband Internet services nationally and internationally to wholesale, retail and enterprise customers. Most of its revenues are generated from the sale of wired and wireless services such as data cards and back-office platforms.