CDTI (CDTi Advanced Materials) Receivables Turnover: 1.22 (As of Sep. 2018)


What is CDTi Advanced Materials Receivables Turnover?

CDTi Advanced Materials CDTI -2.44% Receivables Turnover is 1.22 as of Sep. 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. CDTi Advanced Materials's Revenue for the three months ended in Sep. 2018 was $2.03 Mil. CDTi Advanced Materials's average Accounts Receivable for the three months ended in Sep. 2018 was $1.67 Mil. Hence, CDTi Advanced Materials's Receivables Turnover for the three months ended in Sep. 2018 was 1.22.


CDTi Advanced Materials  (OTCPK:CDTI) 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.


CDTi Advanced Materials Receivables Turnover Related Terms


CDTi Advanced Materials Receivables Turnover Historical Data

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The historical data trend for CDTi Advanced Materials'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.

CDTi Advanced Materials Receivables Turnover Chart

CDTi Advanced Materials Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 10.28 11.15 7.63 7.57

CDTi Advanced Materials Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.84 6.06 1.93 0.97 1.22

CDTI vs CSHEF, AMTY, OMTK: Receivables Turnover Comparison

For the Auto Parts subindustry, CDTi Advanced Materials'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.


CDTi Advanced Materials Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CDTi Advanced Materials's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CDTi Advanced Materials's Receivables Turnover falls into.



CDTi Advanced Materials Receivables Turnover Calculation

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

CDTi Advanced Materials's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=28.353 / ((5.398 + 2.097) / 2 )
=28.353 / 3.7475
=7.57

CDTi Advanced Materials's Receivables Turnover for the quarter that ended in Sep. 2018 is calculated as

Receivables Turnover (Q: Sep. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2018 ) / ((Accounts Receivable (Q: Jun. 2018 ) + Accounts Receivable (Q: Sep. 2018 )) / count )
=2.025 / ((2.011 + 1.32) / 2 )
=2.025 / 1.6655
=1.22

* 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 1.22 mean?
CDTi Advanced Materials (CDTI) has a Receivables Turnover of 1.22 as of Sep. 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 CDTi Advanced Materials and its competitors.
Is CDTi Advanced Materials' Receivables Turnover too high?
CDTi Advanced Materials' current Receivables Turnover is 1.22. The Vehicles & Parts industry median Receivables Turnover is 6.00. CDTi Advanced Materials' value of 1.22 is 79.6% below this industry median.
How does CDTi Advanced Materials' Receivables Turnover compare to CSHEF and AMTY?
CDTi Advanced Materials' Receivables Turnover of 1.22 can be compared against companies in the Vehicles & Parts industry. The industry median Receivables Turnover is 6.00. CDTi Advanced Materials' value of 1.22 is 79.6% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,318 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. CDTi Advanced Materials's current Receivables Turnover of 1.22 is 79.6% 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 CDTi Advanced Materials and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDTi Advanced Materials's current Receivables Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDTi Advanced Materials stock overvalued right now?
CDTi Advanced Materials (CDTI) has a current Receivables Turnover of 1.22. The current Receivables Turnover is 1.22 and 79.6% below the Vehicles & Parts industry median of 6.00. 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 CDTi Advanced Materials (CDTI), the current Receivables Turnover is 1.22 as of Sep. 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.

CDTi Advanced Materials Business Description

Address 1641 Fiske Place, Oxnard, CA, USA, 93033
CDTi Advanced Materials Inc is a catalyst and coating technology company. It provides catalyst and catalyst coating products and services to a broad array of end user markets. Its products are used by customers to reduce emissions, increase fuel efficiency and to support the development of decarbonization technologies. It is active in three main business areas Emission systems includes diesel particulate filters (DPF) and diesel oxidation catalysts, Fuel Borne Catalyst includes a range of fuel additive products for on and offroad vehicles and equipment powered by diesel engines. CDTi sells its FBC products to distributors both as CDTi branded products and as private label products.