LSCG (Lighting Science Group) Receivables Turnover: 1.89 (As of Mar. 2017)


What is Lighting Science Group Receivables Turnover?

Lighting Science Group LSCG -99.00% Receivables Turnover is 1.89 as of Mar. 2017.

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. Lighting Science Group's Revenue for the three months ended in Mar. 2017 was $9.34 Mil. Lighting Science Group's average Accounts Receivable for the three months ended in Mar. 2017 was $4.94 Mil. Hence, Lighting Science Group's Receivables Turnover for the three months ended in Mar. 2017 was 1.89.

Lighting Science Group  (OTCPK:LSCG) 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.

Lighting Science Group Receivables Turnover Related Terms

Lighting Science Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Lighting Science Group'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.

Lighting Science Group Receivables Turnover Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 7.96 10.04 8.82 8.94

Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 1.88 1.46 1.92 1.42 1.89

LSCG vs GNAL, WAYS, ALPP: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Lighting Science Group'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.

Lighting Science Group Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting Science Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lighting Science Group's Receivables Turnover falls into.


Lighting Science Group Receivables Turnover Calculation

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

Lighting Science Group's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=52.697 / ((7.673 + 4.113) / 2 )
=52.697 / 5.893
=8.94

Lighting Science Group's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

Receivables Turnover (Q: Mar. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Mar. 2017 )) / count )
=9.337 / ((4.113 + 5.776) / 2 )
=9.337 / 4.9445
=1.89

* 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 1.89 mean?
Lighting Science Group (LSCG) has a Receivables Turnover of 1.89 as of Mar. 2017. 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 Lighting Science Group and its competitors.
Is Lighting Science Group's Receivables Turnover too high?
Lighting Science Group's current Receivables Turnover is 1.89. The Industrial Products industry median Receivables Turnover is 4.45. Lighting Science Group's value of 1.89 is 57.5% below this industry median.
How does Lighting Science Group's Receivables Turnover compare to GNAL and WAYS?
Lighting Science Group's Receivables Turnover of 1.89 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. Lighting Science Group's value of 1.89 is 57.5% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,021 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. Lighting Science Group's current Receivables Turnover of 1.89 is 57.5% 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 Lighting Science Group and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lighting Science Group's current Receivables Turnover is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighting Science Group stock overvalued right now?
Lighting Science Group (LSCG) has a current Receivables Turnover of 1.89. The current Receivables Turnover is 1.89 and 57.5% below the Industrial Products industry median of 4.45. 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 Lighting Science Group (LSCG), the current Receivables Turnover is 1.89 as of Mar. 2017. 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.

Lighting Science Group Business Description

Address 1350 Division Road, Suite 204, West Warwick, RI, USA, 02893
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.