Ciber (FRA:CIC) Receivables Turnover : 1.03 (As of Sep. 2016)

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What is Ciber 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. Ciber's Revenue for the three months ended in Sep. 2016 was €128.6 Mil. Ciber's average Accounts Receivable for the three months ended in Sep. 2016 was €124.8 Mil. Hence, Ciber's Receivables Turnover for the three months ended in Sep. 2016 was 1.03.

Ciber Receivables Turnover Historical Data

The historical data trend for Ciber'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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Ciber Receivables Turnover Chart

Ciber Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Receivables Turnover

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5.27

4.53

4.88

5.59

4.88

Ciber Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Receivables Turnover	Get a 7-Day Free Trial															1.07	1.16	1.05	1.09	1.03

Competitive Comparison of Ciber's Receivables Turnover

For the Information Technology Services subindustry, Ciber'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.

Ciber's Receivables Turnover Distribution in the Software Industry

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

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

Ciber Receivables Turnover Calculation

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

Ciber's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

	Receivables Turnover (A: Dec. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2015 )	/ (	(Accounts Receivable (A: Dec. 2014 )	+	Accounts Receivable (A: Dec. 2015 ))	/	count )
=	722.425	/ (	(140.668	+	155.602)	/	2 )
=	722.425	/	148.135
=	4.88

Ciber's Receivables Turnover for the quarter that ended in Sep. 2016 is calculated as

	Receivables Turnover (Q: Sep. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2016 )	/ (	(Accounts Receivable (Q: Jun. 2016 )	+	Accounts Receivable (Q: Sep. 2016 ))	/	count )
=	128.612	/ (	(126.151	+	123.461)	/	2 )
=	128.612	/	124.806
=	1.03

Ciber (FRA:CIC) 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.

Ciber Receivables Turnover Related Terms

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Ciber (FRA:CIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ciber Inc (FRA:CIC) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

7900 E Union Avenue, Suite 1100, Denver, CO, USA, 80237

Website

https://www.ciber.com

CMTSU Liquidation Inc is an information technology consulting and services company. It provides information technology services globally, mainly in groups which include Independent software vendor relationships, Ciber managed services, Business consulting, Application development and Management services and Software as a service offering. Its services portfolio includes cloud, mobile, business intelligence, digital transformation etc. The firm has North America and International segments. It derives the majority of its revenues from North America segment. The company offers its services to industries such as Financial Services, Logistics, Healthcare, and Manufacturing.

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