LCDX (Caliber Imaging & Diagnostics) Receivables Turnover: 1.93 (As of Mar. 2014)


What is Caliber Imaging & Diagnostics Receivables Turnover?

Caliber Imaging & Diagnostics LCDX Receivables Turnover is 1.93 as of Mar. 2014.

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. Caliber Imaging & Diagnostics's Revenue for the three months ended in Mar. 2014 was $0.86 Mil. Caliber Imaging & Diagnostics's average Accounts Receivable for the three months ended in Mar. 2014 was $0.45 Mil. Hence, Caliber Imaging & Diagnostics's Receivables Turnover for the three months ended in Mar. 2014 was 1.93.

Caliber Imaging & Diagnostics  (OTCPK:LCDX) 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.

Caliber Imaging & Diagnostics Receivables Turnover Related Terms

Caliber Imaging & Diagnostics Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Caliber Imaging & Diagnostics'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.

Caliber Imaging & Diagnostics Receivables Turnover Chart

Caliber Imaging & Diagnostics Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
23.99 12.39 9.96 5.13 6.31

Caliber Imaging & Diagnostics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 2.37 2.63 4.96 2.98 1.93

LCDX vs VICA, CRVW, RSLS: Receivables Turnover Comparison

For the Medical Devices subindustry, Caliber Imaging & Diagnostics'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.

Caliber Imaging & Diagnostics Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Caliber Imaging & Diagnostics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Caliber Imaging & Diagnostics's Receivables Turnover falls into.


Caliber Imaging & Diagnostics Receivables Turnover Calculation

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

Caliber Imaging & Diagnostics's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=3.341 / ((0.559 + 0.5) / 2 )
=3.341 / 0.5295
=6.31

Caliber Imaging & Diagnostics's Receivables Turnover for the quarter that ended in Mar. 2014 is calculated as

Receivables Turnover (Q: Mar. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2014 ) / ((Accounts Receivable (Q: Dec. 2013 ) + Accounts Receivable (Q: Mar. 2014 )) / count )
=0.858 / ((0.5 + 0.391) / 2 )
=0.858 / 0.4455
=1.93

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.93 mean?
Caliber Imaging & Diagnostics (LCDX) has a Receivables Turnover of 1.93 as of Mar. 2014. The accounts 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. View historical data on Caliber Imaging & Diagnostics and its competitors.
Is Caliber Imaging & Diagnostics' Receivables Turnover too high?
Caliber Imaging & Diagnostics' current Receivables Turnover is 1.93. The Medical Devices & Instruments industry median Receivables Turnover is 5.53. Caliber Imaging & Diagnostics' value of 1.93 is 65.1% below this industry median.
How does Caliber Imaging & Diagnostics' Receivables Turnover compare to VICA and CRVW?
Caliber Imaging & Diagnostics' Receivables Turnover of 1.93 can be compared against companies in the Medical Devices & Instruments industry. The industry median Receivables Turnover is 5.53. Caliber Imaging & Diagnostics' value of 1.93 is 65.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.53, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caliber Imaging & Diagnostics's current Receivables Turnover of 1.93 is 65.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Caliber Imaging & Diagnostics and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caliber Imaging & Diagnostics's current Receivables Turnover is 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caliber Imaging & Diagnostics stock overvalued right now?
Caliber Imaging & Diagnostics (LCDX) has a current Receivables Turnover of 1.93. The current Receivables Turnover is 1.93 and 65.1% below the Medical Devices & Instruments industry median of 5.53. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Caliber Imaging & Diagnostics (LCDX), the current Receivables Turnover is 1.93 as of Mar. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Caliber Imaging & Diagnostics Business Description

Address 50 Methodist Hill Drive, Suite 1000, Rochester, NY, USA, 14623
Caliber Imaging & Diagnostics Inc is a medical device company engaged in developing, manufacturing, marketing & selling point-of-care cellular imaging systems to diagnose skin cancer. It offers clinical imaging and research imaging solutions that shows tissue at the cellular level. Its products portfolio includes; VivaScope; VivaScope 3000, 1500 & 2500; and VivaNet and VivaScan.