GURUFOCUS.COM » STOCK LIST » Technology » Software » Compuware Corp (FRA:CWR) » Definitions » Receivables Turnover

Compuware (FRA:CWR) Receivables Turnover : 0.58 (As of Sep. 2014)


View and export this data going back to . Start your Free Trial

What is Compuware 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. Compuware's Revenue for the three months ended in Sep. 2014 was €132.6 Mil. Compuware's average Accounts Receivable for the three months ended in Sep. 2014 was €227.8 Mil. Hence, Compuware's Receivables Turnover for the three months ended in Sep. 2014 was 0.58.


Compuware Receivables Turnover Historical Data

The historical data trend for Compuware'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.

Compuware Receivables Turnover Chart

Compuware Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 1.48 2.22 1.66 1.72

Compuware Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.47 0.58 0.03 0.49 0.58

Competitive Comparison of Compuware's Receivables Turnover

For the Software - Application subindustry, Compuware'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.


Compuware's Receivables Turnover Distribution in the Software Industry

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

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



Compuware Receivables Turnover Calculation

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

Compuware's Receivables Turnover for the fiscal year that ended in Mar. 2014 is calculated as

Receivables Turnover (A: Mar. 2014 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2014 ) / ((Accounts Receivable (A: Mar. 2013 ) + Accounts Receivable (A: Mar. 2014 )) / count )
=521.107 / ((327.781 + 278.523) / 2 )
=521.107 / 303.152
=1.72

Compuware's Receivables Turnover for the quarter that ended in Sep. 2014 is calculated as

Receivables Turnover (Q: Sep. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2014 ) / ((Accounts Receivable (Q: Jun. 2014 ) + Accounts Receivable (Q: Sep. 2014 )) / count )
=132.613 / ((211.991 + 243.621) / 2 )
=132.613 / 227.806
=0.58

* 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.


Compuware  (FRA:CWR) 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.


Compuware Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Compuware's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Compuware (FRA:CWR) Business Description

Traded in Other Exchanges
N/A
Address
Compuware Corp a Michigan corporation was incorporated in 1973. The Company delivers services and software that enable its customers' important technologies to perform at their peak. It delivers the solutions through software that is installed and run on its customers' owned hardware and applications and through a Software as a Service ('SaaS') model accessed via its hosted networks. It has six business segments: Application Performance Managemen (APM), Mainframe, Changepoint, Uniface, Professional Services and Covisint Application Services ('Covisint'). Its Compuware Application Performance Management ('Compuware APM') consists of its solutions for optimizing the performance of web, non-web, mobile, streaming and cloud applications. Its Mainframe Software Products improve the productivity of development, maintenance and support teams in application analysis, testing, defect detection and remediation, fault management, file and data management, data compliance and application performance management in the IBM z/OS environment. Its Changepoint software combines professional services automation with project portfolio management capabilities to give customers complete visibility into projects, investments and resources for informed business planning and financial control. Its Uniface solution is Compuware's Rapid Application Development environment for building, renewing and integrating some of the complex enterprise applications. Its Covisint application services provide a cloud engagement platform for enabling organizations to securely connect, engage and collaborate with large, distributed communities of customers, business partners and suppliers. Its products and services are used by the IT departments and lines of business of a of commercial and government organizations. Its competitors include BMC Software Inc., CA, Inc., International Business Machines ('IBM'), Hewlett-Packard Company, Keynote Systems, Inc., Accenture, Computer Sciences Corporation, HP Enterprise Services, Analysts International Corporation and Infosys Technologies.

Compuware (FRA:CWR) Headlines

No Headlines