Ultrasis (LSE:ULT) Receivables Turnover: 2.80 (As of Jul. 2014)

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What is Ultrasis Receivables Turnover?

Ultrasis LSE:ULT Receivables Turnover is 2.80 as of Jul. 2014. The stock has 2 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. Ultrasis's Revenue for the six months ended in Jul. 2014 was £1.83 Mil. Ultrasis's average Accounts Receivable for the six months ended in Jul. 2014 was £0.66 Mil. Hence, Ultrasis's Receivables Turnover for the six months ended in Jul. 2014 was 2.80.


Ultrasis  (LSE:ULT) 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.


Ultrasis Receivables Turnover Related Terms


Ultrasis Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ultrasis'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.

Ultrasis Receivables Turnover Chart

Ultrasis Annual Data
Trend Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 3.58 1.68 3.76 2.80

Ultrasis Semi-Annual Data
Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14
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 2.81 3.58 1.68 3.76 2.80

Ultrasis Receivables Turnover Competitor Comparison

For the Health Information Services subindustry, Ultrasis'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.


Ultrasis Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ultrasis's Receivables Turnover distribution charts can be found below:

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



Ultrasis Receivables Turnover Calculation

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

Ultrasis's Receivables Turnover for the fiscal year that ended in Jul. 2014 is calculated as

Receivables Turnover (A: Jul. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jul. 2014 ) / ((Accounts Receivable (A: Jul. 2013 ) + Accounts Receivable (A: Jul. 2014 )) / count )
=1.833 / ((0.205 + 1.106) / 2 )
=1.833 / 0.6555
=2.80

Ultrasis's Receivables Turnover for the quarter that ended in Jul. 2014 is calculated as

Receivables Turnover (Q: Jul. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jul. 2014 ) / ((Accounts Receivable (Q: Jul. 2013 ) + Accounts Receivable (Q: Jul. 2014 )) / count )
=1.833 / ((0.205 + 1.106) / 2 )
=1.833 / 0.6555
=2.80

* 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 2.80 mean?
Ultrasis (LSE:ULT) has a Receivables Turnover of 2.80 as of Jul. 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 Ultrasis and its competitors.
Is Ultrasis' Receivables Turnover too high?
Ultrasis' current Receivables Turnover is 2.80. The Healthcare Providers & Services industry median Receivables Turnover is 7.74. Ultrasis' value of 2.80 is 63.8% below this industry median.
How does Ultrasis' Receivables Turnover compare to competitors?
Ultrasis' Receivables Turnover of 2.80 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.74. Ultrasis' value of 2.80 is 63.8% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.74, based on 657 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. Ultrasis's current Receivables Turnover of 2.80 is 63.8% 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 Ultrasis and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrasis's current Receivables Turnover is 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrasis stock overvalued right now?
Ultrasis (LSE:ULT) has a current Receivables Turnover of 2.80. The current Receivables Turnover is 2.80 and 63.8% below the Healthcare Providers & Services industry median of 7.74. 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 Ultrasis (LSE:ULT), the current Receivables Turnover is 2.80 as of Jul. 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.

Ultrasis Business Description

Ultrasis PLC was incorporated in November 23, 1981. The Company through its subsidiary provides healthcare products and services provided via the medium of technology or face to face, that help people maintain, regain and improve their physical, psychological and social well-being. Its product includes Beating the Blues(r), GetFit Wellness, My Brain Solutions, The Relief Series, Drink & Drug Wise, Calm Workplace, and Optimise Me, Screenetics and Joggle.