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ReposiTrak (ReposiTrak) Sloan Ratio % : 0.00% (As of Mar. 2024)


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What is ReposiTrak Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

ReposiTrak's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

As of Mar. 2024, ReposiTrak has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


ReposiTrak Sloan Ratio % Historical Data

The historical data trend for ReposiTrak's Sloan Ratio % 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.

ReposiTrak Sloan Ratio % Chart

ReposiTrak Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 -3.66 -1.75 -6.94 -4.68

ReposiTrak Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Sloan Ratio % 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 - - - - -

Competitive Comparison of ReposiTrak's Sloan Ratio %

For the Software - Application subindustry, ReposiTrak's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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.


ReposiTrak's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, ReposiTrak's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where ReposiTrak's Sloan Ratio % falls into.



ReposiTrak Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

ReposiTrak's Sloan Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2023 )-Cash Flow from Operations (A: Jun. 2023 )
-Cash Flow from Investing (A: Jun. 2023 ))/Total Assets (A: Jun. 2023 )
=(5.59-8.86
--0.903)/50.583
=-4.68%

ReposiTrak's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(5.757-6.705
--0.048)/51.333
=-1.75%

ReposiTrak's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 1.377 (Jun. 2023 ) + 1.379 (Sep. 2023 ) + 1.451 (Dec. 2023 ) + 1.55 (Mar. 2024 ) = $5.76 Mil.
ReposiTrak's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 1.794 (Jun. 2023 ) + 1.521 (Sep. 2023 ) + 0.931 (Dec. 2023 ) + 2.459 (Mar. 2024 ) = $6.71 Mil.
ReposiTrak's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + -0.016 (Dec. 2023 ) + -0.032 (Mar. 2024 ) = $-0.05 Mil.

* 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.


ReposiTrak  (NYSE:TRAK) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Mar. 2024, ReposiTrak has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


ReposiTrak Sloan Ratio % Related Terms

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ReposiTrak (ReposiTrak) Business Description

Traded in Other Exchanges
Address
5282 South Commerce Drive, Suite D292, Murray, UT, USA, 84107
ReposiTrak Inc is a software as a service provider with extensive capabilities that gives their customers an easy, cost-efficient way to expand their services to their benefit. The company and its subsidiaries develop, market, and support proprietary software products. These products assist the management of business operations, which helps clients to make more informed decisions. The company also provides a cloud-based solution to remain in compliance with business records and regulatory requirements. The firm's services comprise implementation, business optimization, outsourcing, technical services, education, and application hosting.
Executives
Peter J. Larkin director C/O PARK CITY GROUP, INC., 5282 S COMMERCE DR D292, MURRAY UT 84107
Randall K Fields director, 10 percent owner, officer: CEO 3160 PINEBROOK ROAD, PARK CITY UT 84098
Noll Austin F. Jr. director 32 HEATHER LANE, RANDOLPH NJ 07869
Ronald C Hodge director HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
William S. Kies director 3160 PINEBROOK RD, PARK CITY UT 84098
Richard Juliano director 3044 OLDE COVE WAY, NAPLES FL 34119
Todd T Mitchell officer: CFO 299 S. MAIN STREET, STE.2370, SALT LAKE CITY UT 84111
James R Gillis director
Edward Clissold officer: CFO, Gen Counsel, Secretary 3160 PINEBROOK RD, PARK CITY UT 84098
David Colbert officer: CHIEF FINANCIAL OFFICER 3160 PINEBROOK RD, PARK CITY UT 84098
Robert Paul Hermanns director 5411 247TH PL SE, ISSAQUAH WA 98029
Peter Thomas Brennan director 63 NORTH STREET, GREENWICH CT 06830
Robert W Allen director PARK CITY GROUP,INC., 3160 PINEBROOK RD., PARK CITY UT 84098
Chester Manly Molpus director C/O SPAR GROUP, INC., 555 WHITE PLAINS ROAD, SUITE 250, TARRYTOWN NY 10591
Richard A Jacobsen director 3160 PINEBROOK RD, PARK CITY UT 81098