UTRK (Universal Tracking Solutions) Receivables Turnover: 1.26 (As of Dec. 2011)

What is Universal Tracking Solutions Receivables Turnover?

Universal Tracking Solutions UTRK Receivables Turnover is 1.26 as of Dec. 2011.

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. Universal Tracking Solutions's Revenue for the three months ended in Dec. 2011 was $0.17 Mil. Universal Tracking Solutions's average Accounts Receivable for the three months ended in Dec. 2011 was $0.14 Mil. Hence, Universal Tracking Solutions's Receivables Turnover for the three months ended in Dec. 2011 was 1.26.

Universal Tracking Solutions (OTCPK:UTRK) 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.

Universal Tracking Solutions Receivables Turnover Related Terms

Universal Tracking Solutions Receivables Turnover Historical Data

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The historical data trend for Universal Tracking Solutions'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.

Universal Tracking Solutions Receivables Turnover Chart

Universal Tracking Solutions Annual Data

Trend

Dec05

Dec06

Dec07

Dec09

Dec10

Dec11

Receivables Turnover

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0.00

12.84

8.27

5.95

Universal Tracking Solutions Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Receivables Turnover	Get a 7-Day Free Trial															1.66	1.89	2.09	1.74	1.26

UTRK vs TRKK, GTXO, DGDM: Receivables Turnover Comparison

For the Communication Equipment subindustry, Universal Tracking Solutions'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.

Universal Tracking Solutions Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Universal Tracking Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Universal Tracking Solutions's Receivables Turnover falls into.

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Universal Tracking Solutions Receivables Turnover Calculation

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

Universal Tracking Solutions's Receivables Turnover for the fiscal year that ended in Dec. 2011 is calculated as

	Receivables Turnover (A: Dec. 2011 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Dec. 2011 )	/ (	(Accounts Receivable (A: Dec. 2010 )	+	Accounts Receivable (A: Dec. 2011 ))	/	count )
=	0.652	/ (	(0.071	+	0.148)	/	2 )
=	0.652	/	0.1095
=	5.95

Universal Tracking Solutions's Receivables Turnover for the quarter that ended in Dec. 2011 is calculated as

	Receivables Turnover (Q: Dec. 2011 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Dec. 2011 )	/ (	(Accounts Receivable (Q: Sep. 2011 )	+	Accounts Receivable (Q: Dec. 2011 ))	/	count )
=	0.17	/ (	(0.122	+	0.148)	/	2 )
=	0.17	/	0.135
=	1.26

Frequently Asked Questions Learn more about Receivables Turnover →

What does a Receivables Turnover of 1.26 mean?

Universal Tracking Solutions (UTRK) has a Receivables Turnover of 1.26 as of Dec. 2011. 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 Universal Tracking Solutions and its competitors.

Is Universal Tracking Solutions' Receivables Turnover too high?

Universal Tracking Solutions' current Receivables Turnover is 1.26. The Hardware industry median Receivables Turnover is 4.91. Universal Tracking Solutions' value of 1.26 is 74.3% below this industry median.

How does Universal Tracking Solutions' Receivables Turnover compare to TRKK and GTXO?

Universal Tracking Solutions' Receivables Turnover of 1.26 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.91. Universal Tracking Solutions' value of 1.26 is 74.3% 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 Hardware company?

The median Receivables Turnover among Hardware companies is 4.91, based on 2,468 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. Universal Tracking Solutions's current Receivables Turnover of 1.26 is 74.3% 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 Universal Tracking Solutions and its competitors. For the Hardware industry, the median Receivables Turnover is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Tracking Solutions's current Receivables Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Universal Tracking Solutions stock overvalued right now?

Universal Tracking Solutions (UTRK) has a current Receivables Turnover of 1.26. The current Receivables Turnover is 1.26 and 74.3% below the Hardware industry median of 4.91. 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 Universal Tracking Solutions (UTRK), the current Receivables Turnover is 1.26 as of Dec. 2011. 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.

Universal Tracking Solutions Business Description

Industry Technology Hardware

Comparable Companies TSXV:VTI TRKK BOM:531158 GTXO BOM:517411 DGDM NSE:TNTELE BOM:590041 XSAT:OPT MFCO SIML ASX:BTK WAR:VDS ELST WAR:CCS ASX:ECS VISL TSXV:TTZ BOM:526775 BOM:500346

Address 1602 N. 21st Street, Tampa, FL, USA, 33605

Website https://www.utsgps.com

Universal Tracking Solutions Inc is an application-based solutions provider of telemetry tracking systems. The company specializes in fleet management, law enforcement, and finance applications as well as the motorcycle and auto industries.