GURUFOCUS.COM » STOCK LIST » Technology » Software » Moovly Media Inc (OTCPK:MVVYF) » Definitions » Receivables Turnover

Moovly Media (Moovly Media) Receivables Turnover : -2.88 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Moovly Media 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. Moovly Media's Revenue for the three months ended in Dec. 2023 was $0.06 Mil. Moovly Media's average Accounts Receivable for the three months ended in Dec. 2023 was $-0.02 Mil. Hence, Moovly Media's Receivables Turnover for the three months ended in Dec. 2023 was -2.88.


Moovly Media Receivables Turnover Historical Data

The historical data trend for Moovly Media'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.

Moovly Media Receivables Turnover Chart

Moovly Media Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.10 33.67 17.48 18.92 57.71

Moovly Media Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 3.78 2.50 2.37 - -2.88

Competitive Comparison of Moovly Media's Receivables Turnover

For the Software - Application subindustry, Moovly Media'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.


Moovly Media's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Moovly Media's Receivables Turnover falls into.



Moovly Media Receivables Turnover Calculation

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

Moovly Media's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=1.01 / ((0.019 + 0.016) / 2 )
=1.01 / 0.0175
=57.71

Moovly Media's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0.062 / ((0.016 + -0.059) / 2 )
=0.062 / -0.0215
=-2.88

* 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.


Moovly Media  (OTCPK:MVVYF) 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.


Moovly Media Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Moovly Media's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Moovly Media (Moovly Media) Business Description

Traded in Other Exchanges
Address
1558 West Hastings Street, Vancouver, BC, CAN, V6G 3J4
Moovly Media Inc is engaged in the development of a cloud-based digital media and content creation platform. Its key products comprise Moovly Studio. Moovly serves a diverse range of markets including education sectors, small-medium businesses, and large enterprises. The company's two geographical segments are Canada and Belgium.

Moovly Media (Moovly Media) Headlines

From GuruFocus

Moovly Media Closes Private Placement

By GlobeNewswire GlobeNewswire 03-15-2018