Technology Solutions Co (Technology Solutions Co) Receivables Turnover : 0.00 (As of Dec. 2008)

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What is Technology Solutions Co 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. Technology Solutions Co's Revenue for the three months ended in Dec. 2008 was $-0.20 Mil. Technology Solutions Co's average Accounts Receivable for the three months ended in Dec. 2008 was $0.74 Mil.

Technology Solutions Co Receivables Turnover Historical Data

The historical data trend for Technology Solutions Co'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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Technology Solutions Co Receivables Turnover Chart

Technology Solutions Co Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Receivables Turnover

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6.10

6.22

5.75

4.73

3.13

Technology Solutions Co Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Receivables Turnover	Get a 7-Day Free Trial															4.08	1.71	0.80	1.50	-

Competitive Comparison of Technology Solutions Co's Receivables Turnover

For the Information Technology Services subindustry, Technology Solutions Co'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.

Technology Solutions Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Technology Solutions Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Technology Solutions Co's Receivables Turnover falls into.

Technology Solutions Co Receivables Turnover Calculation

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

Technology Solutions Co's Receivables Turnover for the fiscal year that ended in Dec. 2008 is calculated as

	Receivables Turnover (A: Dec. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2008 )	/ (	(Accounts Receivable (A: Dec. 2007 )	+	Accounts Receivable (A: Dec. 2008 ))	/	count )
=	6.302	/ (	(3.513	+	0.509)	/	2 )
=	6.302	/	2.011
=	3.13

Technology Solutions Co's Receivables Turnover for the quarter that ended in Dec. 2008 is calculated as

	Receivables Turnover (Q: Dec. 2008 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2008 )	/ (	(Accounts Receivable (Q: Sep. 2008 )	+	Accounts Receivable (Q: Dec. 2008 ))	/	count )
=	-0.196	/ (	(0.967	+	0.509)	/	2 )
=	-0.196	/	0.738
=	N/A

Technology Solutions Co (OTCPK:TSCC) 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.

Technology Solutions Co Receivables Turnover Related Terms

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Technology Solutions Co (Technology Solutions Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Technology Solutions Co (OTCPK:TSCC) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

55 East Monroe street, Suite 2600, Chicago, IL, USA, 60603

Website

Technology Solutions Co provides business-consulting services across a broad range of industries and areas of expertise. The company provides business strategy and assessment services.

Executives

Miller Lloyd I Iii	10 percent owner
Gerald Luterman	director	70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John R Purcell	director	14155 US HIGHWAY #310, JUNO BEACH FL 33408-1431
Stephen B Oresman	director	49 SUNSWYCK ROAD, DARIEN CT 06820
William H Waltrip	director, officer: Former Chairman	901 GATEWAY BLVD, SOUTH SAN FRANCISCO CA 94080

Technology Solutions Co (Technology Solutions Co) Headlines

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