Billing Services Group (LSE:BILL) Receivables Turnover: 2.90 (As of Jun. 2019)

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What is Billing Services Group Receivables Turnover?

Billing Services Group LSE:BILL Receivables Turnover is 2.90 as of Jun. 2019. The stock has 5 warning signs investors should review.

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. Billing Services Group's Revenue for the six months ended in Jun. 2019 was £5.56 Mil. Billing Services Group's average Accounts Receivable for the six months ended in Jun. 2019 was £1.92 Mil. Hence, Billing Services Group's Receivables Turnover for the six months ended in Jun. 2019 was 2.90.


Billing Services Group  (LSE:BILL) 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.


Billing Services Group Receivables Turnover Related Terms


Billing Services Group Receivables Turnover Historical Data

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The historical data trend for Billing Services 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.

Billing Services Group Receivables Turnover Chart

Billing Services Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.82 5.83 6.63 5.10 5.62

Billing Services Group Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 2.56 2.53 2.35 2.74 2.90

LSE:BILL vs GPN, CTAS, CPRT: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Billing Services 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.


Billing Services Group Receivables Turnover vs Business Services Industry

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

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



Billing Services Group Receivables Turnover Calculation

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

Billing Services Group's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=12.736 / ((2.698 + 1.834) / 2 )
=12.736 / 2.266
=5.62

Billing Services Group's Receivables Turnover for the quarter that ended in Jun. 2019 is calculated as

Receivables Turnover (Q: Jun. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2019 ) / ((Accounts Receivable (Q: Dec. 2018 ) + Accounts Receivable (Q: Jun. 2019 )) / count )
=5.555 / ((1.834 + 2.001) / 2 )
=5.555 / 1.9175
=2.90

* 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 2.90 mean?
Billing Services Group (LSE:BILL) has a Receivables Turnover of 2.90 as of Jun. 2019. 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 Billing Services Group and its competitors.
Is Billing Services Group's Receivables Turnover too high?
Billing Services Group's current Receivables Turnover is 2.90. The Business Services industry median Receivables Turnover is 6.25. Billing Services Group's value of 2.90 is 53.6% below this industry median.
How does Billing Services Group's Receivables Turnover compare to GPN and CTAS?
Billing Services Group's Receivables Turnover of 2.90 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.25. Billing Services Group's value of 2.90 is 53.6% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.25, based on 1,063 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. Billing Services Group's current Receivables Turnover of 2.90 is 53.6% 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 Billing Services Group and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billing Services Group's current Receivables Turnover is 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing Services Group stock overvalued right now?
Based on GuruFocus' analysis, Billing Services Group (LSE:BILL) is currently considered Possible Value Trap. The current Receivables Turnover is 2.90 and 53.6% below the Business Services industry median of 6.25. 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 Billing Services Group (LSE:BILL), the current Receivables Turnover is 2.90 as of Jun. 2019. 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.

Billing Services Group Business Description

Address 22 Victoria Street, Canon’s Court, Hamilton, BMU, HM 12
Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.