MCAP (MCAP) Receivables Turnover: 10.35 (As of Sep. 2011)

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What is MCAP Receivables Turnover?

MCAP MCAP -8.27% Receivables Turnover is 10.35 as of Sep. 2011.

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. MCAP's Revenue for the three months ended in Sep. 2011 was $0.35 Mil. MCAP's average Accounts Receivable for the three months ended in Sep. 2011 was $0.03 Mil. Hence, MCAP's Receivables Turnover for the three months ended in Sep. 2011 was 10.35.


MCAP  (OTCPK:MCAP) 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.


MCAP Receivables Turnover Related Terms


MCAP Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MCAP'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.

MCAP Receivables Turnover Chart

MCAP Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.47 11.95 116.77 11.46 0.00

MCAP Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.00 0.00 65.21 10.69 10.35

MCAP vs AOXY, REAC, TKCI: Receivables Turnover Comparison

For the Software - Application subindustry, MCAP'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.


MCAP Receivables Turnover vs Software Industry

For the Software industry and Technology sector, MCAP's Receivables Turnover distribution charts can be found below:

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



MCAP Receivables Turnover Calculation

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

MCAP's Receivables Turnover for the fiscal year that ended in Dec. 2010 is calculated as

Receivables Turnover (A: Dec. 2010 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2010 ) / ((Accounts Receivable (A: Dec. 2009 ) + Accounts Receivable (A: Dec. 2010 )) / count )
=0 / ((0.003 + 0.001) / 2 )
=0 / 0.002
=N/A

MCAP's Receivables Turnover for the quarter that ended in Sep. 2011 is calculated as

Receivables Turnover (Q: Sep. 2011 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2011 ) / ((Accounts Receivable (Q: Jun. 2011 ) + Accounts Receivable (Q: Sep. 2011 )) / count )
=0.352 / ((0.065 + 0.003) / 2 )
=0.352 / 0.034
=10.35

* 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 10.35 mean?
MCAP (MCAP) has a Receivables Turnover of 10.35 as of Sep. 2011. 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 MCAP and its competitors.
Is MCAP's Receivables Turnover too high?
MCAP's current Receivables Turnover is 10.35. The Software industry median Receivables Turnover is 5.73. MCAP's value of 10.35 is 80.8% above this industry median.
How does MCAP's Receivables Turnover compare to AOXY and REAC?
MCAP's Receivables Turnover of 10.35 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.73. MCAP's value of 10.35 is 80.8% above 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 Software company?
The median Receivables Turnover among Software companies is 5.73, based on 2,782 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. MCAP's current Receivables Turnover of 10.35 is 80.8% above 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 MCAP and its competitors. For the Software industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCAP's current Receivables Turnover is 10.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCAP stock overvalued right now?
MCAP (MCAP) has a current Receivables Turnover of 10.35. The current Receivables Turnover is 10.35 and 80.8% above the Software industry median of 5.73. 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 MCAP (MCAP), the current Receivables Turnover is 10.35 as of Sep. 2011. 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.

MCAP Business Description

Address 390 North Orange Avenue, 28th Floor, Orlando, FL, USA, 32801
MCAP Inc operates as a financial technology company that focuses on electronic market making, securities execution, and financial technology innovation. The group offers Platform Solutions, featuring the QwickRoute and QwickBonds brands, that deliver trading technology and customized algorithmic execution to optimize trading outcomes. Its solutions offer seamless connectivity, intelligent order routing, and automated execution strategies-enabling direct access to trading venues or consolidated liquidity through an extensive network.