TOOD (Thermwood) Receivables Turnover: 3.78 (As of Jul. 2001)


What is Thermwood Receivables Turnover?

Thermwood TOOD Receivables Turnover is 3.78 as of Jul. 2001.

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. Thermwood's Revenue for the three months ended in Jul. 2001 was $5.74 Mil. Thermwood's average Accounts Receivable for the three months ended in Jul. 2001 was $1.52 Mil. Hence, Thermwood's Receivables Turnover for the three months ended in Jul. 2001 was 3.78.


Thermwood  (OTCPK:TOOD) 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.


Thermwood Receivables Turnover Related Terms


Thermwood Receivables Turnover Historical Data

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The historical data trend for Thermwood'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.

Thermwood Receivables Turnover Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 12.20 11.51

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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 3.04 2.75 0.00 3.77 3.78

TOOD vs EVTN, NRBT: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Thermwood'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.


Thermwood Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermwood's Receivables Turnover distribution charts can be found below:

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



Thermwood Receivables Turnover Calculation

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

Thermwood's Receivables Turnover for the fiscal year that ended in Jul. 2001 is calculated as

Receivables Turnover (A: Jul. 2001 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jul. 2001 ) / ((Accounts Receivable (A: Jul. 2000 ) + Accounts Receivable (A: Jul. 2001 )) / count )
=22.372 / ((2.129 + 1.76) / 2 )
=22.372 / 1.9445
=11.51

Thermwood's Receivables Turnover for the quarter that ended in Jul. 2001 is calculated as

Receivables Turnover (Q: Jul. 2001 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jul. 2001 ) / ((Accounts Receivable (Q: Apr. 2001 ) + Accounts Receivable (Q: Jul. 2001 )) / count )
=5.741 / ((1.275 + 1.76) / 2 )
=5.741 / 1.5175
=3.78

* 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 3.78 mean?
Thermwood (TOOD) has a Receivables Turnover of 3.78 as of Jul. 2001. 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 Thermwood and its competitors.
Is Thermwood's Receivables Turnover too high?
Thermwood's current Receivables Turnover is 3.78. The Industrial Products industry median Receivables Turnover is 4.45. Thermwood's value of 3.78 is 15.1% below this industry median.
How does Thermwood's Receivables Turnover compare to EVTN and NRBT?
Thermwood's Receivables Turnover of 3.78 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. Thermwood's value of 3.78 is 15.1% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,022 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. Thermwood's current Receivables Turnover of 3.78 is 15.1% 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 Thermwood and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermwood's current Receivables Turnover is 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermwood stock overvalued right now?
Thermwood (TOOD) has a current Receivables Turnover of 3.78. The current Receivables Turnover is 3.78 and 15.1% below the Industrial Products industry median of 4.45. 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 Thermwood (TOOD), the current Receivables Turnover is 3.78 as of Jul. 2001. 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.

Thermwood Business Description

Address 904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.