CVST (Covista Communications) Receivables Turnover: 1.29 (As of Apr. 2005)


What is Covista Communications Receivables Turnover?

Covista Communications CVST -99.67% Receivables Turnover is 1.29 as of Apr. 2005.

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. Covista Communications's Revenue for the three months ended in Apr. 2005 was $11.25 Mil. Covista Communications's average Accounts Receivable for the three months ended in Apr. 2005 was $8.75 Mil. Hence, Covista Communications's Receivables Turnover for the three months ended in Apr. 2005 was 1.29.

Covista Communications  (OTCPK:CVST) 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.

Covista Communications Receivables Turnover Related Terms

Covista Communications Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Covista Communications'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.

Covista Communications Receivables Turnover Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 9.30 7.78 6.40 6.12

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
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 1.76 1.82 1.54 1.41 1.29

CVST vs FULO, TWER, DTGI: Receivables Turnover Comparison

For the Telecom Services subindustry, Covista Communications'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.

Covista Communications Receivables Turnover vs Telecommunication Services Industry

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

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


Covista Communications Receivables Turnover Calculation

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

Covista Communications's Receivables Turnover for the fiscal year that ended in Jan. 2005 is calculated as

Receivables Turnover (A: Jan. 2005 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2005 ) / ((Accounts Receivable (A: Jan. 2004 ) + Accounts Receivable (A: Jan. 2005 )) / count )
=59.84 / ((10.533 + 9.024) / 2 )
=59.84 / 9.7785
=6.12

Covista Communications's Receivables Turnover for the quarter that ended in Apr. 2005 is calculated as

Receivables Turnover (Q: Apr. 2005 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2005 ) / ((Accounts Receivable (Q: Jan. 2005 ) + Accounts Receivable (Q: Apr. 2005 )) / count )
=11.253 / ((9.024 + 8.468) / 2 )
=11.253 / 8.746
=1.29

* 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 1.29 mean?
Covista Communications (CVST) has a Receivables Turnover of 1.29 as of Apr. 2005. 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 Covista Communications and its competitors.
Is Covista Communications' Receivables Turnover too high?
Covista Communications' current Receivables Turnover is 1.29. The Telecommunication Services industry median Receivables Turnover is 6.15. Covista Communications' value of 1.29 is 79% below this industry median.
How does Covista Communications' Receivables Turnover compare to FULO and TWER?
Covista Communications' Receivables Turnover of 1.29 can be compared against companies in the Telecommunication Services industry. The industry median Receivables Turnover is 6.15. Covista Communications' value of 1.29 is 79% 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 362 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. Covista Communications's current Receivables Turnover of 1.29 is 79% 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 Covista Communications 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. Covista Communications's current Receivables Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Receivables Turnover of 1.29. The current Receivables Turnover is 1.29 and 79% 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 Covista Communications (CVST), the current Receivables Turnover is 1.29 as of Apr. 2005. 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.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.