ELST (Electronic Systems Technology) Receivables Turnover: 4.36 (As of Sep. 2024)

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ELST Electronic Systems Technology Inc ELST
12 GF Score
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What is Electronic Systems Technology Receivables Turnover?

Electronic Systems Technology ELST 12 Receivables Turnover is 4.36 as of Sep. 2024. GuruFocus rates ELST with a GF Score™ of 12/100.

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. Electronic Systems Technology's Revenue for the three months ended in Sep. 2024 was $0.29 Mil. Electronic Systems Technology's average Accounts Receivable for the three months ended in Sep. 2024 was $0.07 Mil. Hence, Electronic Systems Technology's Receivables Turnover for the three months ended in Sep. 2024 was 4.36.


Electronic Systems Technology  (OTCPK:ELST) 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.


Electronic Systems Technology Receivables Turnover Related Terms


Electronic Systems Technology Receivables Turnover Historical Data

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The historical data trend for Electronic Systems Technology'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.

Electronic Systems Technology Receivables Turnover Chart

Electronic Systems Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.03 6.69 6.65 12.44 15.93

Electronic Systems Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.50 4.19 4.32 3.55 4.36

ELST vs AKTSQ, MLRT, CSCO: Receivables Turnover Comparison

For the Communication Equipment subindustry, Electronic Systems Technology'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.


Electronic Systems Technology Receivables Turnover vs Hardware Industry

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

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


ELST
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Electronic Systems Technology Inc ELST
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Electronic Systems Technology Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1.545 / ((0.141 + 0.053) / 2 )
=1.545 / 0.097
=15.93

Electronic Systems Technology's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.294 / ((0.076 + 0.059) / 2 )
=0.294 / 0.0675
=4.36

* 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 4.36 mean?
Electronic Systems Technology (ELST) has a Receivables Turnover of 4.36 as of Sep. 2024. 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 Electronic Systems Technology and its competitors.
Is Electronic Systems Technology's Receivables Turnover too high?
Electronic Systems Technology's current Receivables Turnover is 4.36. The Hardware industry median Receivables Turnover is 4.89. Electronic Systems Technology's value of 4.36 is 10.8% below this industry median. Overall, Electronic Systems Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Electronic Systems Technology's Receivables Turnover compare to AKTSQ and MLRT?
Electronic Systems Technology's Receivables Turnover of 4.36 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.89. Electronic Systems Technology's value of 4.36 is 10.8% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,472 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. Electronic Systems Technology's current Receivables Turnover of 4.36 is 10.8% 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 Electronic Systems Technology and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electronic Systems Technology's current Receivables Turnover is 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Systems Technology stock overvalued right now?
Electronic Systems Technology (ELST) has a current Receivables Turnover of 4.36. The current Receivables Turnover is 4.36 and 10.8% below the Hardware industry median of 4.89. Electronic Systems Technology's overall GF Score™ is 12/100. 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 Electronic Systems Technology (ELST), the current Receivables Turnover is 4.36 as of Sep. 2024. 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.

Electronic Systems Technology Business Description

Address 415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
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