TRTI (Transtech Industries) Receivables Turnover: 3.08 (As of Dec. 2009)

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What is Transtech Industries Receivables Turnover?

Transtech Industries TRTI Receivables Turnover is 3.08 as of Dec. 2009.

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. Transtech Industries's Revenue for the three months ended in Dec. 2009 was $0.10 Mil. Transtech Industries's average Accounts Receivable for the three months ended in Dec. 2009 was $0.03 Mil. Hence, Transtech Industries's Receivables Turnover for the three months ended in Dec. 2009 was 3.08.


Transtech Industries  (OTCPK:TRTI) 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.


Transtech Industries Receivables Turnover Related Terms


Transtech Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Transtech Industries'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.

Transtech Industries Receivables Turnover Chart

Transtech Industries Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 8.47 14.71 17.67 12.71

Transtech Industries Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 2.32 3.26 2.89 3.32 3.08

TRTI vs CREG, SENR, NESCQ: Receivables Turnover Comparison

For the Waste Management subindustry, Transtech Industries'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.


Transtech Industries Receivables Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, Transtech Industries's Receivables Turnover distribution charts can be found below:

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



Transtech Industries Receivables Turnover Calculation

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

Transtech Industries's Receivables Turnover for the fiscal year that ended in Dec. 2009 is calculated as

Receivables Turnover (A: Dec. 2009 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2009 ) / ((Accounts Receivable (A: Dec. 2008 ) + Accounts Receivable (A: Dec. 2009 )) / count )
=0.413 / ((0.034 + 0.031) / 2 )
=0.413 / 0.0325
=12.71

Transtech Industries's Receivables Turnover for the quarter that ended in Dec. 2009 is calculated as

Receivables Turnover (Q: Dec. 2009 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2009 ) / ((Accounts Receivable (Q: Sep. 2009 ) + Accounts Receivable (Q: Dec. 2009 )) / count )
=0.1 / ((0.034 + 0.031) / 2 )
=0.1 / 0.0325
=3.08

* 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 3.08 mean?
Transtech Industries (TRTI) has a Receivables Turnover of 3.08 as of Dec. 2009. 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 Transtech Industries and its competitors.
Is Transtech Industries' Receivables Turnover too high?
Transtech Industries' current Receivables Turnover is 3.08. The Waste Management industry median Receivables Turnover is 4.70. Transtech Industries' value of 3.08 is 34.5% below this industry median.
How does Transtech Industries' Receivables Turnover compare to CREG and SENR?
Transtech Industries' Receivables Turnover of 3.08 can be compared against companies in the Waste Management industry. The industry median Receivables Turnover is 4.70. Transtech Industries' value of 3.08 is 34.5% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.70, based on 234 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. Transtech Industries's current Receivables Turnover of 3.08 is 34.5% 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 Transtech Industries and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transtech Industries's current Receivables Turnover is 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transtech Industries stock overvalued right now?
Transtech Industries (TRTI) has a current Receivables Turnover of 3.08. The current Receivables Turnover is 3.08 and 34.5% below the Waste Management industry median of 4.70. 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 Transtech Industries (TRTI), the current Receivables Turnover is 3.08 as of Dec. 2009. 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.

Transtech Industries Business Description

Address 2025 Delsea Drive, Sewell, NJ, USA, 08080
Transtech Industries Inc, through its subsidiaries, supervises and performs landfill monitoring, closure and post-closure procedures, manages methane gas recovery operations and generates electric power utilizing methane gas.