TVCE (TVC Telecom) Receivables Turnover: 3.99 (As of Dec. 2003)


What is TVC Telecom Receivables Turnover?

TVC Telecom TVCE Receivables Turnover is 3.99 as of Dec. 2003.

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. TVC Telecom's Revenue for the three months ended in Dec. 2003 was $1.64 Mil. TVC Telecom's average Accounts Receivable for the three months ended in Dec. 2003 was $0.41 Mil. Hence, TVC Telecom's Receivables Turnover for the three months ended in Dec. 2003 was 3.99.


TVC Telecom  (OTCPK:TVCE) 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.


TVC Telecom Receivables Turnover Related Terms


TVC Telecom Receivables Turnover Historical Data

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The historical data trend for TVC Telecom'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.

TVC Telecom Receivables Turnover Chart

TVC Telecom Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Receivables Turnover
Get a 7-Day Free Trial 37.52 19.34 28.99 22.42 15.09

TVC Telecom Quarterly Data
Dec96 Dec97 Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 3.60 3.48 3.82 3.79 3.99

TVCE vs DIRV, FULO, TOWTF: Receivables Turnover Comparison

For the Telecom Services subindustry, TVC Telecom'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.


TVC Telecom Receivables Turnover vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TVC Telecom's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TVC Telecom's Receivables Turnover falls into.



TVC Telecom Receivables Turnover Calculation

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

TVC Telecom's Receivables Turnover for the fiscal year that ended in Dec. 2003 is calculated as

Receivables Turnover (A: Dec. 2003 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2003 ) / ((Accounts Receivable (A: Dec. 2002 ) + Accounts Receivable (A: Dec. 2003 )) / count )
=6.096 / ((0.4 + 0.408) / 2 )
=6.096 / 0.404
=15.09

TVC Telecom's Receivables Turnover for the quarter that ended in Dec. 2003 is calculated as

Receivables Turnover (Q: Dec. 2003 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2003 ) / ((Accounts Receivable (Q: Sep. 2003 ) + Accounts Receivable (Q: Dec. 2003 )) / count )
=1.64 / ((0.415 + 0.408) / 2 )
=1.64 / 0.4115
=3.99

* 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 3.99 mean?
TVC Telecom (TVCE) has a Receivables Turnover of 3.99 as of Dec. 2003. 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 TVC Telecom and its competitors.
Is TVC Telecom's Receivables Turnover too high?
TVC Telecom's current Receivables Turnover is 3.99. The Telecommunication Services industry median Receivables Turnover is 6.17. TVC Telecom's value of 3.99 is 35.3% below this industry median.
How does TVC Telecom's Receivables Turnover compare to DIRV and FULO?
TVC Telecom's Receivables Turnover of 3.99 can be compared against companies in the Telecommunication Services industry. The industry median Receivables Turnover is 6.17. TVC Telecom's value of 3.99 is 35.3% 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 Telecommunication Services company?
The median Receivables Turnover among Telecommunication Services companies is 6.17, based on 360 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. TVC Telecom's current Receivables Turnover of 3.99 is 35.3% 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 TVC Telecom and its competitors. For the Telecommunication 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. TVC Telecom's current Receivables Turnover is 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVC Telecom stock overvalued right now?
TVC Telecom (TVCE) has a current Receivables Turnover of 3.99. The current Receivables Turnover is 3.99 and 35.3% below the Telecommunication 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 TVC Telecom (TVCE), the current Receivables Turnover is 3.99 as of Dec. 2003. 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.

TVC Telecom Business Description

Address 3550 Biscayne Boulevard, Suite 704, Miami, FL, USA, 33137
TVC Telecom Inc is a facilities-based telecommunications provider. The Company offers service to the business and consumer market segments with a particular focus on ethnic markets with a demand for international calling.