OBCN (Obocon) Receivables Turnover: 0.00 (As of Sep. 2019)

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What is Obocon Receivables Turnover?

Obocon OBCN Receivables Turnover is 0.00 as of Sep. 2019.

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. Obocon's Revenue for the three months ended in Sep. 2019 was $0.00 Mil. Obocon's average Accounts Receivable for the three months ended in Sep. 2019 was $0.24 Mil.


Obocon  (OTCPK:OBCN) 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.


Obocon Receivables Turnover Related Terms


Obocon Receivables Turnover Historical Data

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The historical data trend for Obocon'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.

Obocon Receivables Turnover Chart

Obocon Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep16 Sep17 Sep18 Sep19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 0.00 0.00 0.00 0.00

Obocon Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep16 Sep17 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00

OBCN vs ASFT, EHVVF, AVOI: Receivables Turnover Comparison

For the Software - Application subindustry, Obocon'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.


Obocon Receivables Turnover vs Software Industry

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

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



Obocon Receivables Turnover Calculation

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

Obocon's Receivables Turnover for the fiscal year that ended in Sep. 2019 is calculated as

Receivables Turnover (A: Sep. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2019 ) / ((Accounts Receivable (A: Sep. 2018 ) + Accounts Receivable (A: Sep. 2019 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Obocon's Receivables Turnover for the quarter that ended in Sep. 2019 is calculated as

Receivables Turnover (Q: Sep. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2019 ) / ((Accounts Receivable (Q: Jun. 2019 ) + Accounts Receivable (Q: Sep. 2019 )) / count )
=0 / ((0.242 + 0) / 1 )
=0 / 0.242
=N/A

* 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 0.00 mean?
Obocon (OBCN) has a Receivables Turnover of 0.00 as of Sep. 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 Obocon and its competitors.
Is Obocon's Receivables Turnover too high?
Obocon's current Receivables Turnover is 0.00.
How does Obocon's Receivables Turnover compare to ASFT and EHVVF?
Obocon's Receivables Turnover of 0.00 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.73. 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. 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 Obocon 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. Obocon's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obocon stock overvalued right now?
Obocon (OBCN) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Obocon (OBCN), the current Receivables Turnover is 0.00 as of Sep. 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.

Obocon Business Description

Address 22 Baltimore Road, Rockville, MD, USA, 20850
Obocon Inc formerly known as Clancy Systems International Inc offers an Android-based solution for issuing parking citations. The company's system provides ticket issuance, data management, noticing, enforcement, payment processing, permitting, and all other essential modules for a complete ticket administration program. Its services include Automated notice letter mailings, Real-time stole/wanted vehicle alerts, Dispute resolution, Parking operation privatization, Online parking permit website and fulfillment and Park by Phone complimenting metered parking.