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. RIT Technologies's Revenue for the
three
months ended in Sep. 2015 was $4.32 Mil. RIT Technologies's average Accounts Receivable for the
three
months ended in Sep. 2015 was $6.53 Mil.
Hence, RIT Technologies's Receivables Turnover for the
three
months ended in Sep. 2015 was 0.66.
RIT Technologies (OTCPK:RITT) 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.
RIT Technologies Receivables Turnover Related Terms
RIT Technologies Receivables Turnover Historical Data
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The historical data trend for RIT Technologies'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.
RITT vs OSAT, GTXO, DGDM: Receivables Turnover Comparison
For the Communication Equipment subindustry, RIT Technologies'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.
RIT Technologies Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, RIT Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where RIT Technologies's Receivables Turnover falls into.
* 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.
RIT Technologies (RITT) has a Receivables Turnover of 0.66 as of Sep. 2015. 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 RIT Technologies and its competitors.
Is RIT Technologies' Receivables Turnover too high?
RIT Technologies' current Receivables Turnover is 0.66. The Hardware industry median Receivables Turnover is 4.89. RIT Technologies' value of 0.66 is 86.5% below this industry median.
How does RIT Technologies' Receivables Turnover compare to OSAT and GTXO?
RIT Technologies' Receivables Turnover of 0.66 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.89. RIT Technologies' value of 0.66 is 86.5% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,467 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. RIT Technologies's current Receivables Turnover of 0.66 is 86.5% 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 RIT Technologies and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RIT Technologies's current Receivables Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RIT Technologies stock overvalued right now?
RIT Technologies (RITT) has a current Receivables Turnover of 0.66. The current Receivables Turnover is 0.66 and 86.5% below the Hardware industry median of 4.89. 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 RIT Technologies (RITT), the current Receivables Turnover is 0.66 as of Sep. 2015. 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.
RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.
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