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CRLI (Circuit Research Labs) Receivables Turnover : 3.76 (As of Sep. 2008)


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What is Circuit Research Labs 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. Circuit Research Labs's Revenue for the three months ended in Sep. 2008 was $3.29 Mil. Circuit Research Labs's average Accounts Receivable for the three months ended in Sep. 2008 was $0.87 Mil. Hence, Circuit Research Labs's Receivables Turnover for the three months ended in Sep. 2008 was 3.76.


Circuit Research Labs Receivables Turnover Historical Data

The historical data trend for Circuit Research Labs'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.

* Premium members only.

Circuit Research Labs Receivables Turnover Chart

Circuit Research Labs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.38 18.34 23.77 16.56 12.20

Circuit Research Labs Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 2.43 3.15 3.01 2.99 3.76

Competitive Comparison of Circuit Research Labs's Receivables Turnover

For the Communication Equipment subindustry, Circuit Research Labs'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.


Circuit Research Labs's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Circuit Research Labs's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Circuit Research Labs's Receivables Turnover falls into.



Circuit Research Labs Receivables Turnover Calculation

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

Circuit Research Labs's Receivables Turnover for the fiscal year that ended in Dec. 2007 is calculated as

Receivables Turnover (A: Dec. 2007 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2007 ) / ((Accounts Receivable (A: Dec. 2006 ) + Accounts Receivable (A: Dec. 2007 )) / count )
=12.894 / ((0.831 + 1.282) / 2 )
=12.894 / 1.0565
=12.20

Circuit Research Labs's Receivables Turnover for the quarter that ended in Sep. 2008 is calculated as

Receivables Turnover (Q: Sep. 2008 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2008 ) / ((Accounts Receivable (Q: Jun. 2008 ) + Accounts Receivable (Q: Sep. 2008 )) / count )
=3.285 / ((1.114 + 0.634) / 2 )
=3.285 / 0.874
=3.76

* 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.


Circuit Research Labs  (OTCPK:CRLI) 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.


Circuit Research Labs Receivables Turnover Related Terms

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Circuit Research Labs Business Description

Traded in Other Exchanges
N/A
Address
7970 S. Kyrene Road, Tempe, AZ, USA, 85282
Website
Circuit Research Labs Inc develops manufactures and markets electronic audio processing, transmission encoding and noise reduction equipment for the radio, television, cable, Internet and professional audio markets.

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