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. Proxim Wireless's Revenue for the
three
months ended in Mar. 2010 was $7.72 Mil. Proxim Wireless's average Accounts Receivable for the
three
months ended in Mar. 2010 was $3.30 Mil.
Hence, Proxim Wireless's Receivables Turnover for the
three
months ended in Mar. 2010 was 2.34.
Proxim Wireless Receivables Turnover Historical Data
The historical data trend for Proxim Wireless'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.
Competitive Comparison of Proxim Wireless's Receivables Turnover
For the Communication Equipment subindustry, Proxim Wireless'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.
Proxim Wireless's Receivables Turnover Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Proxim Wireless's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Proxim Wireless's Receivables Turnover falls into.
Proxim Wireless Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Proxim Wireless's Receivables Turnover for the fiscal year that ended in Dec. 2009 is calculated as
* 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.
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.
Proxim Wireless Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Proxim Wireless's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Proxim Wireless (Proxim Wireless) Business Description
Proxim Wireless Corp provides high-speed wireless communications equipment and services. Its systems enable service providers, enterprises, and governmental organizations to deliver high-speed data connectivity enabling a broad range of applications.
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