PSSS (Puissant Industries) Receivables Turnover: 9.56 (As of Dec. 2013)


What is Puissant Industries Receivables Turnover?

Puissant Industries PSSS -99.50% Receivables Turnover is 9.56 as of Dec. 2013.

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. Puissant Industries's Revenue for the six months ended in Dec. 2013 was $0.47 Mil. Puissant Industries's average Accounts Receivable for the six months ended in Dec. 2013 was $0.05 Mil. Hence, Puissant Industries's Receivables Turnover for the six months ended in Dec. 2013 was 9.56.

Puissant Industries  (OTCPK:PSSS) 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.

Puissant Industries Receivables Turnover Related Terms

Puissant Industries Receivables Turnover Historical Data

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The historical data trend for Puissant Industries'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.

Puissant Industries Receivables Turnover Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Receivables Turnover
0.00 7.63 9.67 9.56

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Receivables Turnover 0.00 7.63 9.67 9.56

PSSS vs MS, GS, SCHW: Receivables Turnover Comparison

For the Capital Markets subindustry, Puissant Industries'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.

Puissant Industries Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Puissant Industries's Receivables Turnover distribution charts can be found below:

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


Puissant Industries Receivables Turnover Calculation

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

Puissant Industries's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=0.473 / ((0.048 + 0.051) / 2 )
=0.473 / 0.0495
=9.56

Puissant Industries's Receivables Turnover for the quarter that ended in Dec. 2013 is calculated as

Receivables Turnover (Q: Dec. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2013 ) / ((Accounts Receivable (Q: Dec. 2012 ) + Accounts Receivable (Q: Dec. 2013 )) / count )
=0.473 / ((0.048 + 0.051) / 2 )
=0.473 / 0.0495
=9.56

* 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 9.56 mean?
Puissant Industries (PSSS) has a Receivables Turnover of 9.56 as of Dec. 2013. 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 Puissant Industries and its competitors.
Is Puissant Industries' Receivables Turnover too high?
Puissant Industries' current Receivables Turnover is 9.56. The Capital Markets industry median Receivables Turnover is 6.82. Puissant Industries' value of 9.56 is 40.3% above this industry median.
How does Puissant Industries' Receivables Turnover compare to MS and GS?
Puissant Industries' Receivables Turnover of 9.56 can be compared against companies in the Capital Markets industry. The industry median Receivables Turnover is 6.82. Puissant Industries' value of 9.56 is 40.3% above 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.82, based on 580 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. Puissant Industries's current Receivables Turnover of 9.56 is 40.3% above 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 Puissant Industries and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Puissant Industries's current Receivables Turnover is 9.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puissant Industries stock overvalued right now?
Puissant Industries (PSSS) has a current Receivables Turnover of 9.56. The current Receivables Turnover is 9.56 and 40.3% above the Capital Markets industry median of 6.82. 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 Puissant Industries (PSSS), the current Receivables Turnover is 9.56 as of Dec. 2013. 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.

Puissant Industries Business Description

Address 480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Puissant Industries Inc is engaged in the business of Cryptocurrency Mining.