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Rainmaker Systems (Rainmaker Systems) Receivables Turnover : 1.23 (As of Sep. 2014)


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What is Rainmaker Systems Receivables Turnover?

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. Rainmaker Systems's Revenue for the three months ended in Sep. 2014 was $1.88 Mil. Rainmaker Systems's average Accounts Receivable for the three months ended in Sep. 2014 was $1.52 Mil. Hence, Rainmaker Systems's Receivables Turnover for the three months ended in Sep. 2014 was 1.23.


Rainmaker Systems Receivables Turnover Historical Data

The historical data trend for Rainmaker Systems'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.

* Premium members only.

Rainmaker Systems Receivables Turnover Chart

Rainmaker Systems Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.26 4.52 4.60 6.11 4.86

Rainmaker Systems Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 1.08 1.07 1.37 1.47 1.23

Competitive Comparison of Rainmaker Systems's Receivables Turnover

For the Education & Training Services subindustry, Rainmaker Systems'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.


Rainmaker Systems's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Rainmaker Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rainmaker Systems's Receivables Turnover falls into.



Rainmaker Systems Receivables Turnover Calculation

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

Rainmaker Systems's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=17.681 / ((3.72 + 3.554) / 2 )
=17.681 / 3.637
=4.86

Rainmaker Systems's Receivables Turnover for the quarter that ended in Sep. 2014 is calculated as

Receivables Turnover (Q: Sep. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2014 ) / ((Accounts Receivable (Q: Jun. 2014 ) + Accounts Receivable (Q: Sep. 2014 )) / count )
=1.882 / ((1.786 + 1.262) / 2 )
=1.882 / 1.524
=1.23

* 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.


Rainmaker Systems  (OTCPK:VCTL) 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.


Rainmaker Systems Receivables Turnover Related Terms

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Rainmaker Systems (Rainmaker Systems) Business Description

Traded in Other Exchanges
N/A
Address
1821 S. Bascom Avenue, Suite 385, Campbell, CA, USA, 95008
Rainmaker Systems Inc is a learning management solution provider to organizations of all size across the technology, financial services, biosciences, human resources, and consulting industries, among others.
Executives
Eric Salzman director C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Gary S Briggs director 117 ADAMS STREET, C/O ETSY, BROOKLYN NY 11201
Timothy Burns officer: Acting Chief Financial Officer 900 E. HAMILTON AVENUE, SUITE 400, CAMPBELL CA 95008
Charles Geiger director C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Steve Valenzuela officer: Chief Financial Officer 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Diker Management Llc 10 percent owner 570 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Martin Hernandez officer: President C/O WESTELL TECHNOLOGIES, INC. 750 NORTH COMMONS DRIVE AURORA IL 60504
Hebb Donald B Jr 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Timothy T Weglicki 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Phillip A Clough director, 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Stobo John D Jr 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Abs Capital Partners Iii L P 10 percent owner 1 SOUTH STREET, 25TH FLOOR, BALTIMORE MD 21202
Abs Partners Iii Llc 10 percent owner
Urioste George De director 2118 WALSH AVENUE, SUITE 210, SANTA CLARA CA 95050

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