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Paragon Technologies (Paragon Technologies) Receivables Turnover : 1.54 (As of Dec. 2008)


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What is Paragon Technologies 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. Paragon Technologies's Revenue for the three months ended in Dec. 2008 was $3.82 Mil. Paragon Technologies's average Accounts Receivable for the three months ended in Dec. 2008 was $2.48 Mil. Hence, Paragon Technologies's Receivables Turnover for the three months ended in Dec. 2008 was 1.54.


Paragon Technologies Receivables Turnover Historical Data

The historical data trend for Paragon Technologies'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.

Paragon Technologies Receivables Turnover Chart

Paragon Technologies Annual Data
Trend Feb99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 7.63 6.30 6.13 5.05

Paragon Technologies Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.93 1.53 1.79 1.71 1.54

Competitive Comparison of Paragon Technologies's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Paragon Technologies'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.


Paragon Technologies's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Paragon Technologies's Receivables Turnover falls into.



Paragon Technologies Receivables Turnover Calculation

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

Paragon Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2008 is calculated as

Receivables Turnover (A: Dec. 2008 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2008 ) / ((Accounts Receivable (A: Dec. 2007 ) + Accounts Receivable (A: Dec. 2008 )) / count )
=16.7 / ((3.993 + 2.627) / 2 )
=16.7 / 3.31
=5.05

Paragon Technologies's Receivables Turnover for the quarter that ended in Dec. 2008 is calculated as

Receivables Turnover (Q: Dec. 2008 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2008 ) / ((Accounts Receivable (Q: Sep. 2008 ) + Accounts Receivable (Q: Dec. 2008 )) / count )
=3.817 / ((2.333 + 2.627) / 2 )
=3.817 / 2.48
=1.54

* 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.


Paragon Technologies  (OTCPK:PGNT) 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.


Paragon Technologies Receivables Turnover Related Terms

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Paragon Technologies (Paragon Technologies) Business Description

Traded in Other Exchanges
N/A
Address
101 Larry Holmes Drive, Suite 500, Easton, PA, USA, 18042
Paragon Technologies Inc through its subsidiary provides a variety of material handling solutions including systems, technologies, products and services for material flow applications as well as information technology hardware product distribution. The company's segment includes automation, distribution, and real estate investments. It generates maximum revenue from the distribution segment. Geographical Markets include North America, Latin America, Europe and Asia, out of which the majority is from Latin America. The distribution segment distributes IT equipment, consumer electronics, and appliances to businesses, retailers and e-tailers. Additionally, it also provides business services such as printing, electronic document management, electronic invoicing and storage solutions.
Executives
Anthony W Schweiger director 240 TRIANON LANE, VILLANOVA PA 19085