SPOI (SPO Networks) Receivables Turnover: 1.22 (As of May. 2006)

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What is SPO Networks Receivables Turnover?

SPO Networks SPOI -99.67% Receivables Turnover is 1.22 as of May. 2006.

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. SPO Networks's Revenue for the three months ended in May. 2006 was $1.00 Mil. SPO Networks's average Accounts Receivable for the three months ended in May. 2006 was $0.82 Mil. Hence, SPO Networks's Receivables Turnover for the three months ended in May. 2006 was 1.22.


SPO Networks  (OTCPK:SPOI) 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.


SPO Networks Receivables Turnover Related Terms


SPO Networks Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SPO Networks'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.

SPO Networks Receivables Turnover Chart

SPO Networks Annual Data
Trend Dec01 Dec02 May04 May05
Receivables Turnover
0.00 0.00 6.14 17.65

SPO Networks Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06
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 3.63 3.88 2.41 1.75 1.22

SPOI vs GKIT, GPVRF, SORL: Receivables Turnover Comparison

For the Shell Companies subindustry, SPO Networks'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.


SPO Networks Receivables Turnover vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SPO Networks's Receivables Turnover distribution charts can be found below:

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



SPO Networks Receivables Turnover Calculation

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

SPO Networks's Receivables Turnover for the fiscal year that ended in May. 2005 is calculated as

Receivables Turnover (A: May. 2005 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2005 ) / ((Accounts Receivable (A: May. 2004 ) + Accounts Receivable (A: May. 2005 )) / count )
=3.769 / ((0.107 + 0.32) / 2 )
=3.769 / 0.2135
=17.65

SPO Networks's Receivables Turnover for the quarter that ended in May. 2006 is calculated as

Receivables Turnover (Q: May. 2006 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2006 ) / ((Accounts Receivable (Q: Feb. 2006 ) + Accounts Receivable (Q: May. 2006 )) / count )
=1.003 / ((0.784 + 0.857) / 2 )
=1.003 / 0.8205
=1.22

* 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 1.22 mean?
SPO Networks (SPOI) has a Receivables Turnover of 1.22 as of May. 2006. 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 SPO Networks and its competitors.
Is SPO Networks' Receivables Turnover too high?
SPO Networks' current Receivables Turnover is 1.22. The Diversified Financial Services industry median Receivables Turnover is 4.92. SPO Networks' value of 1.22 is 75.2% below this industry median.
How does SPO Networks' Receivables Turnover compare to GKIT and GPVRF?
SPO Networks' Receivables Turnover of 1.22 can be compared against companies in the Diversified Financial Services industry. The industry median Receivables Turnover is 4.92. SPO Networks' value of 1.22 is 75.2% 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 Diversified Financial Services company?
The median Receivables Turnover among Diversified Financial Services companies is 4.92, based on 71 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. SPO Networks's current Receivables Turnover of 1.22 is 75.2% 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 SPO Networks and its competitors. For the Diversified Financial Services industry, the median Receivables Turnover is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPO Networks's current Receivables Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Networks stock overvalued right now?
SPO Networks (SPOI) has a current Receivables Turnover of 1.22. The current Receivables Turnover is 1.22 and 75.2% below the Diversified Financial Services industry median of 4.92. 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 SPO Networks (SPOI), the current Receivables Turnover is 1.22 as of May. 2006. 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.

SPO Networks Business Description

Address P.O. Box 600, Farmington, AR, USA, 72730
SPO Networks Inc is engaged in exploring potential acquisitions and opportunities in diversified industries, including performing and non-performing bank loans, coffee retailing and roasting, solid waste and recycling, general contracting, construction, and demolition with special waste remediation.