Semantix (Semantix) Receivables Turnover : 1.04 (As of Jun. 2023)

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What is Semantix 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. Semantix's Revenue for the three months ended in Jun. 2023 was $9.89 Mil. Semantix's average Accounts Receivable for the three months ended in Jun. 2023 was $9.50 Mil. Hence, Semantix's Receivables Turnover for the three months ended in Jun. 2023 was 1.04.

Semantix Receivables Turnover Historical Data

The historical data trend for Semantix'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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Semantix Receivables Turnover Chart

Semantix Annual Data

Trend

Dec20

Dec21

Dec22

Receivables Turnover

4.23

7.91

8.25

Semantix Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Receivables Turnover	Get a 7-Day Free Trial					0.92	1.73	2.26	0.86	1.04

Competitive Comparison of Semantix's Receivables Turnover

For the Software - Application subindustry, Semantix'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.

Semantix's Receivables Turnover Distribution in the Software Industry

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

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

Semantix Receivables Turnover Calculation

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

Semantix's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	49.966	/ (	(3.788	+	8.326)	/	2 )
=	49.966	/	6.057
=	8.25

Semantix's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	9.89	/ (	(9.419	+	9.59)	/	2 )
=	9.89	/	9.5045
=	1.04

Semantix (OTCPK:STIXF) 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.

Semantix Receivables Turnover Related Terms

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Semantix (Semantix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Semantix Inc (OTCPK:STIXF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Eusebio Matoso, 1375, 10th floor - Pinheiros, Sao Paulo, SP, BRA, 05423-180

Website

https://www.semantix.ai

Semantix Inc is a fully integrated data software platform. It develops solutions in the Data Driven model, for organizations that need to be one step ahead using the latest technology. The company generates majority of the revenue from Brazil.