SLDC (Solidus Communications) Receivables Turnover: 50.67 (As of Nov. 2016)


What is Solidus Communications Receivables Turnover?

Solidus Communications SLDC Receivables Turnover is 50.67 as of Nov. 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. Solidus Communications's Revenue for the six months ended in Nov. 2016 was $0.15 Mil. Solidus Communications's average Accounts Receivable for the six months ended in Nov. 2016 was $0.00 Mil. Hence, Solidus Communications's Receivables Turnover for the six months ended in Nov. 2016 was 50.67.


Solidus Communications  (OTCPK:SLDC) 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.


Solidus Communications Receivables Turnover Related Terms


Solidus Communications Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Solidus Communications'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.

Solidus Communications Receivables Turnover Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 54.67 50.67

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 54.67 50.67

SLDC vs HMMR, DTGI, TMUS: Receivables Turnover Comparison

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications Receivables Turnover vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Receivables Turnover distribution charts can be found below:

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



Solidus Communications Receivables Turnover Calculation

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

Solidus Communications's Receivables Turnover for the fiscal year that ended in Nov. 2016 is calculated as

Receivables Turnover (A: Nov. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2016 ) / ((Accounts Receivable (A: Nov. 2015 ) + Accounts Receivable (A: Nov. 2016 )) / count )
=0.152 / ((0.003 + 0.003) / 2 )
=0.152 / 0.003
=50.67

Solidus Communications's Receivables Turnover for the quarter that ended in Nov. 2016 is calculated as

Receivables Turnover (Q: Nov. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Nov. 2016 ) / ((Accounts Receivable (Q: Nov. 2015 ) + Accounts Receivable (Q: Nov. 2016 )) / count )
=0.152 / ((0.003 + 0.003) / 2 )
=0.152 / 0.003
=50.67

* 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 50.67 mean?
Solidus Communications (SLDC) has a Receivables Turnover of 50.67 as of Nov. 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 Solidus Communications and its competitors.
Is Solidus Communications' Receivables Turnover too high?
Solidus Communications' current Receivables Turnover is 50.67. The Telecommunication Services industry median Receivables Turnover is 6.15. Solidus Communications' value of 50.67 is 723.9% above this industry median.
How does Solidus Communications' Receivables Turnover compare to HMMR and DTGI?
Solidus Communications' Receivables Turnover of 50.67 can be compared against companies in the Telecommunication Services industry. The industry median Receivables Turnover is 6.15. Solidus Communications' value of 50.67 is 723.9% 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 Telecommunication Services company?
The median Receivables Turnover among Telecommunication Services companies is 6.15, based on 362 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. Solidus Communications's current Receivables Turnover of 50.67 is 723.9% 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 Solidus Communications and its competitors. For the Telecommunication Services industry, the median Receivables Turnover is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solidus Communications's current Receivables Turnover is 50.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Receivables Turnover of 50.67. The current Receivables Turnover is 50.67 and 723.9% above the Telecommunication Services industry median of 6.15. 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 Solidus Communications (SLDC), the current Receivables Turnover is 50.67 as of Nov. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.