VSST (Voice Assist) Receivables Turnover: 1.25 (As of Sep. 2013)


What is Voice Assist Receivables Turnover?

Voice Assist VSST Receivables Turnover is 1.25 as of Sep. 2013.

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. Voice Assist's Revenue for the three months ended in Sep. 2013 was $0.05 Mil. Voice Assist's average Accounts Receivable for the three months ended in Sep. 2013 was $0.04 Mil. Hence, Voice Assist's Receivables Turnover for the three months ended in Sep. 2013 was 1.25.


Voice Assist  (OTCPK:VSST) 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.


Voice Assist Receivables Turnover Related Terms


Voice Assist Receivables Turnover Historical Data

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The historical data trend for Voice Assist'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.

Voice Assist Receivables Turnover Chart

Voice Assist Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Receivables Turnover
0.00 0.00 27.93 13.84 7.02

Voice Assist Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 1.67 1.48 1.08 1.68 1.25

VSST vs FULO, DIRV, TOWTF: Receivables Turnover Comparison

For the Software - Application subindustry, Voice Assist'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.


Voice Assist Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Voice Assist's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Voice Assist's Receivables Turnover falls into.



Voice Assist Receivables Turnover Calculation

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

Voice Assist's Receivables Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Receivables Turnover (A: Dec. 2012 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2012 ) / ((Accounts Receivable (A: Dec. 2011 ) + Accounts Receivable (A: Dec. 2012 )) / count )
=0.565 / ((0.081 + 0.08) / 2 )
=0.565 / 0.0805
=7.02

Voice Assist's Receivables Turnover for the quarter that ended in Sep. 2013 is calculated as

Receivables Turnover (Q: Sep. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2013 ) / ((Accounts Receivable (Q: Jun. 2013 ) + Accounts Receivable (Q: Sep. 2013 )) / count )
=0.045 / ((0.044 + 0.028) / 2 )
=0.045 / 0.036
=1.25

* 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 1.25 mean?
Voice Assist (VSST) has a Receivables Turnover of 1.25 as of Sep. 2013. 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 Voice Assist and its competitors.
Is Voice Assist's Receivables Turnover too high?
Voice Assist's current Receivables Turnover is 1.25. The Software industry median Receivables Turnover is 5.69. Voice Assist's value of 1.25 is 78% below this industry median.
How does Voice Assist's Receivables Turnover compare to FULO and DIRV?
Voice Assist's Receivables Turnover of 1.25 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.69. Voice Assist's value of 1.25 is 78% 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 Software company?
The median Receivables Turnover among Software companies is 5.69, based on 2,767 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. Voice Assist's current Receivables Turnover of 1.25 is 78% 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 Voice Assist and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voice Assist's current Receivables Turnover is 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voice Assist stock overvalued right now?
Voice Assist (VSST) has a current Receivables Turnover of 1.25. The current Receivables Turnover is 1.25 and 78% below the Software industry median of 5.69. 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 Voice Assist (VSST), the current Receivables Turnover is 1.25 as of Sep. 2013. 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.

Voice Assist Business Description

Address Raoul Wallenberg Street 20, Tel Aviv, ISR, 6971916
Voice Assist Inc provides hosted software services used by small business clients and individual salespeople and/or mobile professionals. Its technology originally focused on the use of voice commands to text, email, tweet, post, call, retrieve messages, manage communications and interact with CRM services by allowing them to read, write to databases by voice. The company is currently considering the completion and distribution of a music composition app. In addition, the company also holds an option to purchase 3 placer gold mining claims in the Spring Valley Mining District, Pershing County, Nevada.