OneMeta (OneMeta) Receivables Turnover : 0.77 (As of Mar. 2024)

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What is OneMeta 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. OneMeta's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. OneMeta's average Accounts Receivable for the three months ended in Mar. 2024 was $0.01 Mil. Hence, OneMeta's Receivables Turnover for the three months ended in Mar. 2024 was 0.77.

OneMeta Receivables Turnover Historical Data

The historical data trend for OneMeta'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.

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OneMeta Receivables Turnover Chart

OneMeta Annual Data

Trend

Dec06

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Dec09

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Dec12

Dec13

Dec22

Dec23

Receivables Turnover

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10.14

OneMeta Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec22	Mar23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	-	0.77

Competitive Comparison of OneMeta's Receivables Turnover

For the Software - Application subindustry, OneMeta'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.

OneMeta's Receivables Turnover Distribution in the Software Industry

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

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

OneMeta Receivables Turnover Calculation

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

OneMeta's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	0.071	/ (	(0	+	0.007)	/	1 )
=	0.071	/	0.007
=	10.14

OneMeta's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0.005	/ (	(0.007	+	0.006)	/	2 )
=	0.005	/	0.0065
=	0.77

OneMeta (OTCPK:ONEI) 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.

OneMeta Receivables Turnover Related Terms

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OneMeta (OneMeta) Business Description

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Address

450 South 400 East, Suite 200, Bountiful, UT, USA, 84010

Website

https://www.onemeta.ai

OneMeta Inc is a stack of cutting-edge artificial intelligence technologies that solve everyday problems with an innovative and pragmatic approach. From Natural Language Processing to Sentiment Analytics and from Behavioral Prediction to Metaverse enhancement, OneMeta is solving problems that elevate the human condition and disrupt economies. The company launched its first product, Verbum which is a platform that enables fluent and effective communication among individuals that do not speak a similar language. Verbum revolutionizes the way corporations, multiplayer gamers, universities, training institutes, retail, and call centers interact and communicate.