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. CSP's Revenue for the
three
months ended in Mar. 2024 was $13.71 Mil. CSP's average Accounts Receivable for the
three
months ended in Mar. 2024 was $12.25 Mil.
Hence, CSP's Receivables Turnover for the
three
months ended in Mar. 2024 was 1.12.
CSP Receivables Turnover Historical Data
The historical data trend for CSP'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.
Competitive Comparison of CSP's Receivables Turnover
For the Information Technology Services subindustry, CSP'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.
CSP's Receivables Turnover Distribution in the Software Industry
For the Software industry and Technology sector, CSP's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CSP's Receivables Turnover falls into.
CSP Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
CSP's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
CSP (NAS:CSPI) 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.
CSP Receivables Turnover Related Terms
Thank you for viewing the detailed overview of CSP's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
CSP Inc along with its subsidiaries develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems. The firm operates in two segments namely Technology Solutions, where the company focus on value-added reseller integrated solutions including third-party hardware, software, and technical computer-related consulting, and High-Performance Products segments, where the company design, manufacture and deliver products and services to customers that require specialized cyber security services, networking and signal processing. It generates a majority of its revenue from the Technology Solutions segment. Geographically, the company generates its maximum revenue from the Americas.
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