SOSO (Storage Computer) Receivables Turnover: 28.67 (As of Sep. 2004)


What is Storage Computer Receivables Turnover?

Storage Computer SOSO -90.00% Receivables Turnover is 28.67 as of Sep. 2004.

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. Storage Computer's Revenue for the three months ended in Sep. 2004 was $0.09 Mil. Storage Computer's average Accounts Receivable for the three months ended in Sep. 2004 was $0.00 Mil. Hence, Storage Computer's Receivables Turnover for the three months ended in Sep. 2004 was 28.67.


Storage Computer  (OTCPK:SOSO) 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.


Storage Computer Receivables Turnover Related Terms


Storage Computer Receivables Turnover Historical Data

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The historical data trend for Storage Computer'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.

Storage Computer Receivables Turnover Chart

Storage Computer Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 7.67 7.26 5.85 6.35

Storage Computer Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.87 3.67 0.95 4.07 28.67

SOSO vs CRDS, MSDI, GLA: Receivables Turnover Comparison

For the Computer Hardware subindustry, Storage Computer'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.


Storage Computer Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Storage Computer's Receivables Turnover distribution charts can be found below:

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



Storage Computer Receivables Turnover Calculation

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

Storage Computer's Receivables Turnover for the fiscal year that ended in Dec. 2003 is calculated as

Receivables Turnover (A: Dec. 2003 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2003 ) / ((Accounts Receivable (A: Dec. 2002 ) + Accounts Receivable (A: Dec. 2003 )) / count )
=1.045 / ((0.193 + 0.136) / 2 )
=1.045 / 0.1645
=6.35

Storage Computer's Receivables Turnover for the quarter that ended in Sep. 2004 is calculated as

Receivables Turnover (Q: Sep. 2004 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2004 ) / ((Accounts Receivable (Q: Jun. 2004 ) + Accounts Receivable (Q: Sep. 2004 )) / count )
=0.086 / ((0.005 + 0.001) / 2 )
=0.086 / 0.003
=28.67

* 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 28.67 mean?
Storage Computer (SOSO) has a Receivables Turnover of 28.67 as of Sep. 2004. 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 Storage Computer and its competitors.
Is Storage Computer's Receivables Turnover too high?
Storage Computer's current Receivables Turnover is 28.67. The Hardware industry median Receivables Turnover is 4.90. Storage Computer's value of 28.67 is 485.7% above this industry median.
How does Storage Computer's Receivables Turnover compare to CRDS and MSDI?
Storage Computer's Receivables Turnover of 28.67 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.90. Storage Computer's value of 28.67 is 485.7% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,466 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. Storage Computer's current Receivables Turnover of 28.67 is 485.7% 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 Storage Computer and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Storage Computer's current Receivables Turnover is 28.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storage Computer stock overvalued right now?
Storage Computer (SOSO) has a current Receivables Turnover of 28.67. The current Receivables Turnover is 28.67 and 485.7% above the Hardware industry median of 4.90. 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 Storage Computer (SOSO), the current Receivables Turnover is 28.67 as of Sep. 2004. 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.

Storage Computer Business Description

Address 11 Riverside Drive, Nashua, NH, USA, 03062-1373
Storage Computer Corp designs and manufactures disk-storage subsystems and solid-state disks for enterprise-wide computer storage systems.