iPass (FRA:IPN1) Receivables Turnover : 1.15 (As of Sep. 2018)

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What is iPass 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. iPass's Revenue for the three months ended in Sep. 2018 was €7.95 Mil. iPass's average Accounts Receivable for the three months ended in Sep. 2018 was €6.91 Mil. Hence, iPass's Receivables Turnover for the three months ended in Sep. 2018 was 1.15.

iPass Receivables Turnover Historical Data

The historical data trend for iPass'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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iPass Receivables Turnover Chart

iPass Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Receivables Turnover

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6.67

5.86

6.71

5.80

4.82

iPass 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															1.37	1.45	1.43	1.43	1.15

Competitive Comparison of iPass's Receivables Turnover

For the Telecom Services subindustry, iPass'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.

iPass's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, iPass's Receivables Turnover distribution charts can be found below:

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

iPass Receivables Turnover Calculation

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

iPass'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 )
=	45.969	/ (	(11.718	+	7.366)	/	2 )
=	45.969	/	9.542
=	4.82

iPass'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 )
=	7.949	/ (	(7.003	+	6.808)	/	2 )
=	7.949	/	6.9055
=	1.15

iPass (FRA:IPN1) 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.

iPass Receivables Turnover Related Terms

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iPass (FRA:IPN1) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » iPass Inc (FRA:IPN1) » Definitions » Receivables Turnover

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Address

Website

http://www.ipass.com

iPass Inc is a US based company engaged in providing mobile connectivity, offering simple, secure, always-on Wi-Fi access on any mobile device. Built on a software-as-a-service (SaaS) platform, the iPass cloud-based service keeps its customers connected by providing unlimited Wi-Fi connectivity on unlimited devices. The company has millions of hotspots in more than 100 countries, at airports, hotels, train stations, convention centers, outdoor venues, inflight, and more. Geographically, the business presence of the firm can be seen across the region of United States, North America, Europe, and the Asia-Pacific and Rest of the world.

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