XCOMQ (Xtera Communications) Receivables Turnover: 0.60 (As of Jun. 2016)

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What is Xtera Communications Receivables Turnover?

Xtera Communications XCOMQ -99.00% Receivables Turnover is 0.60 as of Jun. 2016.

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. Xtera Communications's Revenue for the three months ended in Jun. 2016 was $5.35 Mil. Xtera Communications's average Accounts Receivable for the three months ended in Jun. 2016 was $8.96 Mil. Hence, Xtera Communications's Receivables Turnover for the three months ended in Jun. 2016 was 0.60.


Xtera Communications  (OTCPK:XCOMQ) 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.


Xtera Communications Receivables Turnover Related Terms


Xtera Communications Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Xtera Communications'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.

Xtera Communications Receivables Turnover Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Receivables Turnover
3.87 3.16 8.28

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 4.17 2.87 2.08 1.87 0.60

XCOMQ vs TAIT, AEY: Receivables Turnover Comparison

For the Communication Equipment subindustry, Xtera Communications'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.


Xtera Communications Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Xtera Communications's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Xtera Communications's Receivables Turnover falls into.



Xtera Communications Receivables Turnover Calculation

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

Xtera Communications's Receivables Turnover for the fiscal year that ended in Sep. 2015 is calculated as

Receivables Turnover (A: Sep. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2015 ) / ((Accounts Receivable (A: Sep. 2014 ) + Accounts Receivable (A: Sep. 2015 )) / count )
=58.671 / ((7.588 + 6.58) / 2 )
=58.671 / 7.084
=8.28

Xtera Communications's Receivables Turnover for the quarter that ended in Jun. 2016 is calculated as

Receivables Turnover (Q: Jun. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2016 ) / ((Accounts Receivable (Q: Mar. 2016 ) + Accounts Receivable (Q: Jun. 2016 )) / count )
=5.347 / ((12.718 + 5.198) / 2 )
=5.347 / 8.958
=0.60

* 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 0.60 mean?
Xtera Communications (XCOMQ) has a Receivables Turnover of 0.60 as of Jun. 2016. 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 Xtera Communications and its competitors.
Is Xtera Communications' Receivables Turnover too high?
Xtera Communications' current Receivables Turnover is 0.60. The Hardware industry median Receivables Turnover is 5.04. Xtera Communications' value of 0.60 is 88.1% below this industry median.
How does Xtera Communications' Receivables Turnover compare to TAIT and AEY?
Xtera Communications' Receivables Turnover of 0.60 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 5.04. Xtera Communications' value of 0.60 is 88.1% 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 5.04, based on 2,463 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. Xtera Communications's current Receivables Turnover of 0.60 is 88.1% 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 Xtera Communications and its competitors. For the Hardware industry, the median Receivables Turnover is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xtera Communications's current Receivables Turnover is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current Receivables Turnover of 0.60. The current Receivables Turnover is 0.60 and 88.1% below the Hardware industry median of 5.04. 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 Xtera Communications (XCOMQ), the current Receivables Turnover is 0.60 as of Jun. 2016. 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.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.