TSGL (The Staffing Group) Receivables Turnover: 1.29 (As of Dec. 2016)


What is The Staffing Group Receivables Turnover?

The Staffing Group TSGL Receivables Turnover is 1.29 as of Dec. 2016.

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. The Staffing Group's Revenue for the three months ended in Dec. 2016 was $1.23 Mil. The Staffing Group's average Accounts Receivable for the three months ended in Dec. 2016 was $0.95 Mil. Hence, The Staffing Group's Receivables Turnover for the three months ended in Dec. 2016 was 1.29.


The Staffing Group  (OTCPK:TSGL) 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.


The Staffing Group Receivables Turnover Related Terms


The Staffing Group Receivables Turnover Historical Data

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The historical data trend for The Staffing Group'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.

The Staffing Group Receivables Turnover Chart

The Staffing Group Annual Data
Trend Sep12 Sep13 Dec14 Dec15 Dec16
Receivables Turnover
0.00 0.00 0.00 0.00 5.11

The Staffing Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.00 89.33 4.77 1.67 1.29

The Staffing Group Receivables Turnover Competitor Comparison

For the Staffing & Employment Services subindustry, The Staffing Group'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.


The Staffing Group Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, The Staffing Group's Receivables Turnover distribution charts can be found below:

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



The Staffing Group Receivables Turnover Calculation

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

The Staffing Group's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=4.278 / ((0 + 0.837) / 1 )
=4.278 / 0.837
=5.11

The Staffing Group's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Sep. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=1.226 / ((1.06 + 0.837) / 2 )
=1.226 / 0.9485
=1.29

* 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 1.29 mean?
The Staffing Group (TSGL) has a Receivables Turnover of 1.29 as of Dec. 2016. 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 The Staffing Group and its competitors.
Is The Staffing Group's Receivables Turnover too high?
The Staffing Group's current Receivables Turnover is 1.29. The Business Services industry median Receivables Turnover is 6.17. The Staffing Group's value of 1.29 is 79.1% below this industry median.
How does The Staffing Group's Receivables Turnover compare to competitors?
The Staffing Group's Receivables Turnover of 1.29 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.17. The Staffing Group's value of 1.29 is 79.1% 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 a Business Services company?
The median Receivables Turnover among Business Services companies is 6.17, based on 1,064 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. The Staffing Group's current Receivables Turnover of 1.29 is 79.1% 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 The Staffing Group and its competitors. For the Business Services industry, the median Receivables Turnover is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Staffing Group's current Receivables Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Staffing Group stock overvalued right now?
The Staffing Group (TSGL) has a current Receivables Turnover of 1.29. The current Receivables Turnover is 1.29 and 79.1% below the Business Services industry median of 6.17. 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 The Staffing Group (TSGL), the current Receivables Turnover is 1.29 as of Dec. 2016. 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.

The Staffing Group Business Description

Address 125 Townpark Drive, Suite 300, Kennesaw, GA, USA, 30144
The Staffing Group Ltd operates as a service provider, in the business of providing temporary staffing solutions. It provides general laborers to construction, light industrial, refuse, retail, and hospitality businesses and recruit, hire, train and manage skilled workers. Further, the company is executing an aggressive buy-and-build strategy through the acquisition and integration of small to medium-sized staffing businesses. Geographically the activities are carried out through the region of US, and it derives revenue when the staffing services are rendered.