NEOM (NeoMedia Technologies) Receivables Turnover: 2.47 (As of Sep. 2015)

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What is NeoMedia Technologies Receivables Turnover?

NeoMedia Technologies NEOM -99.00% Receivables Turnover is 2.47 as of Sep. 2015.

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. NeoMedia Technologies's Revenue for the three months ended in Sep. 2015 was $0.74 Mil. NeoMedia Technologies's average Accounts Receivable for the three months ended in Sep. 2015 was $0.30 Mil. Hence, NeoMedia Technologies's Receivables Turnover for the three months ended in Sep. 2015 was 2.47.

NeoMedia Technologies  (OTCPK:NEOM) 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.

NeoMedia Technologies Receivables Turnover Related Terms

NeoMedia Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NeoMedia Technologies'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.

NeoMedia Technologies Receivables Turnover Chart

NeoMedia Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.23 4.45 5.26 19.63 13.80

NeoMedia Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 5.51 3.98 2.54 3.74 2.47

NEOM vs LFAP, SOFT, SSPC: Receivables Turnover Comparison

For the Software - Application subindustry, NeoMedia Technologies'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.

NeoMedia Technologies Receivables Turnover vs Software Industry

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

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


NeoMedia Technologies Receivables Turnover Calculation

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

NeoMedia Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=3.512 / ((0.295 + 0.214) / 2 )
=3.512 / 0.2545
=13.80

NeoMedia Technologies's Receivables Turnover for the quarter that ended in Sep. 2015 is calculated as

Receivables Turnover (Q: Sep. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2015 ) / ((Accounts Receivable (Q: Jun. 2015 ) + Accounts Receivable (Q: Sep. 2015 )) / count )
=0.737 / ((0.263 + 0.334) / 2 )
=0.737 / 0.2985
=2.47

* 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 2.47 mean?
NeoMedia Technologies (NEOM) has a Receivables Turnover of 2.47 as of Sep. 2015. 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 NeoMedia Technologies and its competitors.
Is NeoMedia Technologies' Receivables Turnover too high?
NeoMedia Technologies' current Receivables Turnover is 2.47. The Software industry median Receivables Turnover is 5.72. NeoMedia Technologies' value of 2.47 is 56.8% below this industry median.
How does NeoMedia Technologies' Receivables Turnover compare to LFAP and SOFT?
NeoMedia Technologies' Receivables Turnover of 2.47 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.72. NeoMedia Technologies' value of 2.47 is 56.8% 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 Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,781 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. NeoMedia Technologies's current Receivables Turnover of 2.47 is 56.8% 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 NeoMedia Technologies and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NeoMedia Technologies's current Receivables Turnover is 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeoMedia Technologies stock overvalued right now?
NeoMedia Technologies (NEOM) has a current Receivables Turnover of 2.47. The current Receivables Turnover is 2.47 and 56.8% below the Software industry median of 5.72. 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 NeoMedia Technologies (NEOM), the current Receivables Turnover is 2.47 as of Sep. 2015. 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.

NeoMedia Technologies Business Description

Address 1515 Walnut Street, Suite 100, Boulder, CO, USA, 80302
NeoMedia Technologies Inc is a U.S based company engaged in the development of two dimensional (2D) mobile barcode technology and services solutions that enable the mobile barcode ecosystem around the world. With the company's technology, mobile devices with cameras become barcode scanners, enabling a range of practical applications, including mobile marketing and mobile commerce.