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InterCloud Systems (FRA:INC) Receivables Turnover : 5.18 (As of Sep. 2018)


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What is InterCloud 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. InterCloud Systems's Revenue for the three months ended in Sep. 2018 was €1.23 Mil. InterCloud Systems's average Accounts Receivable for the three months ended in Sep. 2018 was €0.24 Mil. Hence, InterCloud Systems's Receivables Turnover for the three months ended in Sep. 2018 was 5.18.


InterCloud Systems Receivables Turnover Historical Data

The historical data trend for InterCloud 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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InterCloud Systems Receivables Turnover Chart

InterCloud Systems Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 5.57 4.39 4.56 3.99

InterCloud Systems Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.37 3.54 1.39 5.73 5.18

Competitive Comparison of InterCloud Systems's Receivables Turnover

For the Information Technology Services subindustry, InterCloud 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.


InterCloud Systems's Receivables Turnover Distribution in the Software Industry

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

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



InterCloud Systems Receivables Turnover Calculation

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

InterCloud Systems's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=29.169 / ((9.343 + 5.268) / 2 )
=29.169 / 7.3055
=3.99

InterCloud Systems's Receivables Turnover for the quarter that ended in Sep. 2018 is calculated as

Receivables Turnover (Q: Sep. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2018 ) / ((Accounts Receivable (Q: Jun. 2018 ) + Accounts Receivable (Q: Sep. 2018 )) / count )
=1.232 / ((0.159 + 0.317) / 2 )
=1.232 / 0.238
=5.18

* 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.


InterCloud Systems  (FRA:INC) 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.


InterCloud Systems Receivables Turnover Related Terms

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InterCloud Systems (FRA:INC) Business Description

Traded in Other Exchanges
N/A
Address
1030 Broad Street, Suite 102, Shrewsbury, NJ, USA, 07702
InterCloud Systems Inc is a provider of networking orchestration and automation for the Internet of things (IOT), software-defined networking (SDN) and network function virtualization (NFV) environments. The company operates in three operating segments - as an application and infrastructure provider, and professional services provider.The applications and infrastructure segment provides engineering and professional consulting services and voice, data and optical solutions. The professional services segment provides outsourced services to the wireless and wireline industry and information technology industry.

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