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FintechWerx International Software Services (XCNQ:WERX) Receivables Turnover : 0.00 (As of Oct. 2023)


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What is FintechWerx International Software Services 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. FintechWerx International Software Services's Revenue for the three months ended in Oct. 2023 was C$0.04 Mil. FintechWerx International Software Services's average Accounts Receivable for the three months ended in Oct. 2023 was C$0.00 Mil.

FintechWerx International Software Services Receivables Turnover Historical Data

The historical data trend for FintechWerx International Software Services'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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FintechWerx International Software Services Receivables Turnover Chart

FintechWerx International Software Services Annual Data
Trend Apr23
Receivables Turnover
-

FintechWerx International Software Services Quarterly Data
Jul23 Oct23
Receivables Turnover - -

Competitive Comparison of FintechWerx International Software Services's Receivables Turnover

For the Software - Infrastructure subindustry, FintechWerx International Software Services'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.

FintechWerx International Software Services's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where FintechWerx International Software Services's Receivables Turnover falls into.


FintechWerx International Software Services Receivables Turnover Calculation

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

FintechWerx International Software Services's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: . 20 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=0 / (( + 0) / 1 )
=0 / 0
=N/A

FintechWerx International Software Services's Receivables Turnover for the quarter that ended in Oct. 2023 is calculated as

Receivables Turnover (Q: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2023 ) / ((Accounts Receivable (Q: Jul. 2023 ) + Accounts Receivable (Q: Oct. 2023 )) / count )
=0.042 / ((0 + 0) / 1 )
=0.042 / 0
=N/A

* 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.

FintechWerx International Software Services  (XCNQ:WERX) 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.

FintechWerx International Software Services Receivables Turnover Related Terms

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FintechWerx International Software Services (XCNQ:WERX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » FintechWerx International Software Services Inc (XCNQ:WERX) » Definitions » Receivables Turnover
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Traded in Other Exchanges
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Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
https://www.fintechwerx.com
FintechWerx International Software Services Inc is an e-commerce technology company. The Company is engaged in delivering enrollment, automated identity verification, payment solutions, and data management services. The FintechWerx Platform is a combination of both licensed and proprietary software together the Technology Stack that provides a single comprehensive, suite of services for small to medium sized enterprises.

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