Yetiforce (WAR:YTF) Receivables Turnover : 5.98 (As of Dec. 2023)

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What is Yetiforce 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. Yetiforce's Revenue for the three months ended in Dec. 2023 was zł0.73 Mil. Yetiforce's average Accounts Receivable for the three months ended in Dec. 2023 was zł0.12 Mil. Hence, Yetiforce's Receivables Turnover for the three months ended in Dec. 2023 was 5.98.

Yetiforce Receivables Turnover Historical Data

The historical data trend for Yetiforce'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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Yetiforce Receivables Turnover Chart

Yetiforce Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

3.72

5.72

23.56

Yetiforce Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			-	8.05	4.63	4.62	5.98

Competitive Comparison of Yetiforce's Receivables Turnover

For the Software - Application subindustry, Yetiforce'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.

Yetiforce's Receivables Turnover Distribution in the Software Industry

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

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

Yetiforce Receivables Turnover Calculation

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

Yetiforce'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 )
=	1.614	/ (	(0.022	+	0.115)	/	2 )
=	1.614	/	0.0685
=	23.56

Yetiforce'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 )
=	0.733	/ (	(0.13	+	0.115)	/	2 )
=	0.733	/	0.1225
=	5.98

Yetiforce (WAR:YTF) 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.

Yetiforce Receivables Turnover Related Terms

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Yetiforce (WAR:YTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yetiforce SA (WAR:YTF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al. Jana Paw?a II 22, Warsaw, POL

Website

https://www.yetiforce.com

Yetiforce SA operates in the software industry. It provides integrated portals for clients and business partners that allow the exchange of data and information directly from a dedicated portal. It has also created a modern online store that stores all data at once in the central system.

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