VCON (Vicon Industries) Receivables Turnover: 1.58 (As of Sep. 2018)


What is Vicon Industries Receivables Turnover?

Vicon Industries VCON Receivables Turnover is 1.58 as of Sep. 2018.

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. Vicon Industries's Revenue for the three months ended in Sep. 2018 was $6.50 Mil. Vicon Industries's average Accounts Receivable for the three months ended in Sep. 2018 was $4.11 Mil. Hence, Vicon Industries's Receivables Turnover for the three months ended in Sep. 2018 was 1.58.


Vicon Industries  (OTCPK:VCON) 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.


Vicon Industries Receivables Turnover Related Terms


Vicon Industries Receivables Turnover Historical Data

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The historical data trend for Vicon Industries'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.

Vicon Industries Receivables Turnover Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.46 4.62 4.21 5.07 6.71

Vicon Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 1.44 1.56 1.22 1.15 1.58

VCON vs DIRV, GWSN, UUU: Receivables Turnover Comparison

For the Security & Protection Services subindustry, Vicon Industries'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.


Vicon Industries Receivables Turnover vs Business Services Industry

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

* The bar in red indicates where Vicon Industries's Receivables Turnover falls into.



Vicon Industries Receivables Turnover Calculation

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

Vicon Industries's Receivables Turnover for the fiscal year that ended in Sep. 2018 is calculated as

Receivables Turnover (A: Sep. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2018 ) / ((Accounts Receivable (A: Sep. 2017 ) + Accounts Receivable (A: Sep. 2018 )) / count )
=27.733 / ((4.35 + 3.915) / 2 )
=27.733 / 4.1325
=6.71

Vicon Industries's Receivables Turnover for the quarter that ended in Sep. 2018 is calculated as

Receivables Turnover (Q: Sep. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2018 ) / ((Accounts Receivable (Q: Jun. 2018 ) + Accounts Receivable (Q: Sep. 2018 )) / count )
=6.496 / ((4.305 + 3.915) / 2 )
=6.496 / 4.11
=1.58

* 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 1.58 mean?
Vicon Industries (VCON) has a Receivables Turnover of 1.58 as of Sep. 2018. 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 Vicon Industries and its competitors.
Is Vicon Industries' Receivables Turnover too high?
Vicon Industries' current Receivables Turnover is 1.58. The Business Services industry median Receivables Turnover is 6.17. Vicon Industries' value of 1.58 is 74.4% below this industry median.
How does Vicon Industries' Receivables Turnover compare to DIRV and GWSN?
Vicon Industries' Receivables Turnover of 1.58 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.17. Vicon Industries' value of 1.58 is 74.4% 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. Vicon Industries's current Receivables Turnover of 1.58 is 74.4% 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 Vicon Industries 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. Vicon Industries's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicon Industries stock overvalued right now?
Vicon Industries (VCON) has a current Receivables Turnover of 1.58. The current Receivables Turnover is 1.58 and 74.4% 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 Vicon Industries (VCON), the current Receivables Turnover is 1.58 as of Sep. 2018. 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.

Vicon Industries Business Description

Address 135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.