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


What is Technology Solutions Co Receivables Turnover?

Technology Solutions Co TSCC Receivables Turnover is 0.00 as of Dec. 2008.

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  (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

Technology Solutions Co Receivables Turnover Historical Data

* Premium members only.

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.

Technology Solutions Co Receivables Turnover Chart

Technology Solutions Co Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 4.08 1.71 0.80 1.50 0.00

TSCC vs SYSX: Receivables Turnover Comparison

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 Receivables Turnover vs 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 Accounts Receivable
=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 Accounts Receivable
=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

* 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 0.00 mean?
Technology Solutions Co (TSCC) has a Receivables Turnover of 0.00 as of Dec. 2008. 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 Technology Solutions Co and its competitors.
Is Technology Solutions Co's Receivables Turnover too high?
Technology Solutions Co's current Receivables Turnover is 0.00.
How does Technology Solutions Co's Receivables Turnover compare to SYSX?
Technology Solutions Co's Receivables Turnover of 0.00 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.68. 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 Software company?
The median Receivables Turnover among Software companies is 5.68, based on 2,766 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. 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 Technology Solutions Co and its competitors. For the Software industry, the median Receivables Turnover is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technology Solutions Co's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technology Solutions Co stock overvalued right now?
Technology Solutions Co (TSCC) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Technology Solutions Co (TSCC), the current Receivables Turnover is 0.00 as of Dec. 2008. 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.

Technology Solutions Co Business Description

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