Venzee Technologies (Venzee Technologies) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Venzee 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. Venzee Technologies's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Venzee Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $0.00 Mil.

Venzee Technologies Receivables Turnover Historical Data

The historical data trend for Venzee 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.

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Venzee Technologies Receivables Turnover Chart

Venzee Technologies Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Dec18

Dec19

Dec20

Dec21

Receivables Turnover

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5.63

4.15

1.52

9.71

Venzee Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.22	1.63	-	-	-

Competitive Comparison of Venzee Technologies's Receivables Turnover

For the Software - Infrastructure subindustry, Venzee 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.

Venzee Technologies's Receivables Turnover Distribution in the Software Industry

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

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

Venzee Technologies Receivables Turnover Calculation

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

Venzee Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	0.068	/ (	(0.002	+	0.012)	/	2 )
=	0.068	/	0.007
=	9.71

Venzee Technologies'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	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Venzee Technologies (OTCPK:VENZF) 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.

Venzee Technologies Receivables Turnover Related Terms

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Venzee Technologies (Venzee Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Venzee Technologies Inc (OTCPK:VENZF) » Definitions » Receivables Turnover

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VENZ:Canada

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.venzee.com

Venzee Technologies Inc is engaged in developing software infrastructure retailers. It develops and markets a cloud-based platform that suppliers and manufacturers from multiple industries use to share their product information and inventory updates, in real-time, with their retailers. The Company operates in one operating segment, which is a cloud-based platform solution targeted to online retailers and vendors. Geographically, the company generates a majority of revenue from the United States.