PSAV (PSAV) Receivables Turnover: 3.44 (As of Mar. 2016)


What is PSAV Receivables Turnover?

PSAV PSAV Receivables Turnover is 3.44 as of Mar. 2016.

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. PSAV's Revenue for the three months ended in Mar. 2016 was $396.88 Mil. PSAV's average Accounts Receivable for the three months ended in Mar. 2016 was $115.50 Mil. Hence, PSAV's Receivables Turnover for the three months ended in Mar. 2016 was 3.44.


PSAV  (NYSE:PSAV) 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.


PSAV Receivables Turnover Related Terms


PSAV Receivables Turnover Historical Data

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The historical data trend for PSAV'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.

PSAV Receivables Turnover Chart

PSAV Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Receivables Turnover
0.00 14.18 0.00 16.49

PSAV Quarterly Data
Dec12 Dec13 Mar15 Jun15 Sep15 Dec15 Mar16
Receivables Turnover Get a 7-Day Free Trial 0.00 3.27 2.53 3.76 3.44

PSAV vs CRCO, ASKH, PTSX: Receivables Turnover Comparison

For the Broadcasting subindustry, PSAV'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.


PSAV Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PSAV's Receivables Turnover distribution charts can be found below:

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



PSAV Receivables Turnover Calculation

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

PSAV's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=1487.17 / ((76.946 + 103.42) / 2 )
=1487.17 / 90.183
=16.49

PSAV's Receivables Turnover for the quarter that ended in Mar. 2016 is calculated as

Receivables Turnover (Q: Mar. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2016 ) / ((Accounts Receivable (Q: Dec. 2015 ) + Accounts Receivable (Q: Mar. 2016 )) / count )
=396.879 / ((103.42 + 127.574) / 2 )
=396.879 / 115.497
=3.44

* 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 3.44 mean?
PSAV (PSAV) has a Receivables Turnover of 3.44 as of Mar. 2016. 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 PSAV and its competitors.
Is PSAV's Receivables Turnover too high?
PSAV's current Receivables Turnover is 3.44. The Media - Diversified industry median Receivables Turnover is 5.33. PSAV's value of 3.44 is 35.4% below this industry median.
How does PSAV's Receivables Turnover compare to CRCO and ASKH?
PSAV's Receivables Turnover of 3.44 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.33. PSAV's value of 3.44 is 35.4% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.33, based on 1,010 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. PSAV's current Receivables Turnover of 3.44 is 35.4% 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 PSAV and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSAV's current Receivables Turnover is 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSAV stock overvalued right now?
PSAV (PSAV) has a current Receivables Turnover of 3.44. The current Receivables Turnover is 3.44 and 35.4% below the Media - Diversified industry median of 5.33. 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 PSAV (PSAV), the current Receivables Turnover is 3.44 as of Mar. 2016. 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.

PSAV Business Description

PSAV Inc was incorporated in Delaware on August 11, 2015. The Company along with its subsidiaries provides event technology services. The Company provides services including audiovisual services, equipment rental, staging and meeting services, communication systems, and related technical support to its customers in various venues, including hotels and convention centers. The Company's Video technology includes front and rear projection from large format HD high lumen projection to boardroom-style projectors, playback systems, image magnification, digital capture, cameras and display systems, including LED displays and video walls; Rigging Solutions include design and installation of permanently installed rig points in meeting venues, day-to-day deployment of rigging systems to safely transform meeting and event spaces for larger and more sophisticated set and lighting designs and certified trainers and inspectors; Wi-Fi Solutions include managing venues' entire network to provide customers secure and reliable wired and wireless solutions; Staging includes collections of custom screens and the ability to provide concert sound, broadcast quality projection, seasoned stage producers, and CAD drawing; Creative Services including Thematic creation, PowerPoint display, video creation, & stage sets; Mobile Device Applications tailored to the specific events that provide the schedule of events, maps, sponsors and detailed information on the host customer; Video Mapping / Simultaneous Translation; Virtual Meetings and Events; Event Consultation and Support, Power Distribution Solutions including streamlining of special event power distribution for event and production power across events, meeting rooms and trade shows; Audio including microphone and sound solutions with digital mixers, wireless microphones, networked audio and proprietary software to control live sound systems; and Lighting including speaker and stage lighting, intelligent lighting and decorative and theatrical lighting through gel lights and LED lights. The Company operates in two segments including Domestic and International. The Domestic segment provides services to customers throughout the United States and Puerto Rico; and is provider of event technology services at approximately over 1,000 hotel properties and other event venues. The International segment provides services to its customers in Canada, Mexico, the Caribbean, Europe and the Middle East, in addition to providing non-venue based services in Asia; and provides event technology services at approximately over 300 international hotel properties and other event venues. The Company's customers include corporations, event organizers, trade associations and meeting planners. The Company faces competition from Freeman Company.