IRMTF (Information Services) Receivables Turnover : 3.42 (As of Dec. 2024)

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What is Information Services 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. Information Services's Revenue for the three months ended in Dec. 2024 was $43.6 Mil. Information Services's average Accounts Receivable for the three months ended in Dec. 2024 was $12.8 Mil. Hence, Information Services's Receivables Turnover for the three months ended in Dec. 2024 was 3.42.

Information Services Receivables Turnover Historical Data

The historical data trend for Information Services'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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Information Services Receivables Turnover Chart

Information Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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10.30

12.59

13.81

15.06

15.82

Information Services Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															3.56	3.51	3.61	3.10	3.42

Competitive Comparison of Information Services's Receivables Turnover

For the Specialty Business Services subindustry, Information Services'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.

Information Services's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Information Services's Receivables Turnover distribution charts can be found below:

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

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Information Services Receivables Turnover Calculation

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

Information Services's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	173.627	/ (	(10.888	+	11.065)	/	2 )
=	173.627	/	10.9765
=	15.82

Information Services's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	43.648	/ (	(14.435	+	11.065)	/	2 )
=	43.648	/	12.75
=	3.42

Information Services (OTCPK:IRMTF) 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.

Information Services Receivables Turnover Related Terms

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Information Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Information Services Corp (OTCPK:IRMTF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ISC:Canada

Address

10 Research Drive, Suite 300, Regina, SK, CAN, S4S 7J7

Website

https://company.isc.ca

Information Services Corp is a Canada-based provider of registry and information management services for public data and records. The company has three segments namely Registry Operations, Services and Technology Solutions. The Registries segment involves the provision of registry and information services and solutions to governments and private sector organizations. The Services segment provides products and services that utilize public records and data to provide value to customers in the financial and legal sectors. Technology Solutions provides the development, delivery and support of registry (and related) technology solutions. The company derives maximum revenue from Registry Operations segment.