DecisionPoint Systems (DecisionPoint Systems) Receivables Turnover : 1.19 (As of Mar. 2024)

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What is DecisionPoint Systems 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. DecisionPoint Systems's Revenue for the three months ended in Mar. 2024 was $25.62 Mil. DecisionPoint Systems's average Accounts Receivable for the three months ended in Mar. 2024 was $21.53 Mil. Hence, DecisionPoint Systems's Receivables Turnover for the three months ended in Mar. 2024 was 1.19.

DecisionPoint Systems Receivables Turnover Historical Data

The historical data trend for DecisionPoint Systems'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.

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DecisionPoint Systems Receivables Turnover Chart

DecisionPoint Systems Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.33

5.04

4.59

6.63

5.66

DecisionPoint Systems Quarterly Data
	Sep15	Dec17	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.24	1.44	1.53	1.43	1.19

Competitive Comparison of DecisionPoint Systems's Receivables Turnover

For the Software - Application subindustry, DecisionPoint Systems'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.

DecisionPoint Systems's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, DecisionPoint Systems's Receivables Turnover distribution charts can be found below:

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

DecisionPoint Systems Receivables Turnover Calculation

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

DecisionPoint Systems's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	115.594	/ (	(17.085	+	23.768)	/	2 )
=	115.594	/	20.4265
=	5.66

DecisionPoint Systems's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	25.618	/ (	(23.768	+	19.292)	/	2 )
=	25.618	/	21.53
=	1.19

DecisionPoint Systems (OTCPK:DPSIP.PFD) 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.

DecisionPoint Systems Receivables Turnover Related Terms

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DecisionPoint Systems (DecisionPoint Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DecisionPoint Systems Inc (OTCPK:DPSIP.PFD) » Definitions » Receivables Turnover

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DPSI:USA

Address

1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445

Website

https://www.decisionpt.com

DecisionPoint Systems Inc is an enterprise mobility systems integrator. It sells and installs mobile computing and wireless systems used both within a company's facilities with wireless networks and in the field using carrier-based wireless networks. The system includes mobile computers, mobile application software, and related data capture equipment including barcode scanners and radio frequency identification readers. It also offers professional services, proprietary and third-party software, and software customization as an integral part of its customized solutions for its customers. Its software's utilized in industries including retail, transportation logistics, management consulting, warehousing, and field service management.