Orbit International (Orbit International) Receivables Turnover : 1.86 (As of Jun. 2017)

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What is Orbit International Receivables Turnover?

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. Orbit International's Revenue for the three months ended in Jun. 2017 was $5.04 Mil. Orbit International's average Accounts Receivable for the three months ended in Jun. 2017 was $2.71 Mil. Hence, Orbit International's Receivables Turnover for the three months ended in Jun. 2017 was 1.86.

Orbit International Receivables Turnover Historical Data

The historical data trend for Orbit International'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.

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Orbit International Receivables Turnover Chart

Orbit International Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Receivables Turnover

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5.71

5.95

7.87

7.81

6.86

Orbit International Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17
Receivables Turnover	Get a 7-Day Free Trial															1.56	1.57	1.70	1.89	1.86

Competitive Comparison of Orbit International's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Orbit International'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.

Orbit International's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Orbit International's Receivables Turnover distribution charts can be found below:

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

Orbit International Receivables Turnover Calculation

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

Orbit International's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Receivables Turnover (A: Dec. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2016 )	/ (	(Accounts Receivable (A: Dec. 2015 )	+	Accounts Receivable (A: Dec. 2016 ))	/	count )
=	20.726	/ (	(3.264	+	2.775)	/	2 )
=	20.726	/	3.0195
=	6.86

Orbit International's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

	Receivables Turnover (Q: Jun. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2017 )	/ (	(Accounts Receivable (Q: Dec. 2016 )	+	Accounts Receivable (Q: Jun. 2017 ))	/	count )
=	5.043	/ (	(2.775	+	2.651)	/	2 )
=	5.043	/	2.713
=	1.86

Orbit International (OTCPK:ORBT) 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.

Orbit International Receivables Turnover Related Terms

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Orbit International (Orbit International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Orbit International Corp (OTCPK:ORBT) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

80 Cabot Court, Hauppauge, NY, USA, 11788

Website

https://www.orbitintl.com

Orbit International Corp is a U.S based company engaged in offering mission-critical hardware, software, and integrated systems. It operates through two segments: the Electronics Group and the Power Group. The company designs and manufactures subsystems and components for contractors, government procurement agencies (both foreign and domestic), and research and development laboratories across the world.

Executives