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

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What is Transtech Industries Receivables Turnover?

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 Receivables Turnover Historical Data

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.

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Transtech Industries Receivables Turnover Chart

Transtech Industries Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Receivables Turnover

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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															2.32	3.26	2.89	3.32	3.08

Competitive Comparison of Transtech Industries's Receivables Turnover

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's Receivables Turnover Distribution in the 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 Total Inventories
=	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 Total Inventories
=	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

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

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Transtech Industries (Transtech Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Transtech Industries Inc (OTCPK:TRTI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2025 Delsea Drive, Sewell, NJ, USA, 08080

Website

http://www.transtechindustries.com

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.

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