Silex Systems (Silex Systems) Receivables Turnover : 0.57 (As of Dec. 2023)

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What is Silex Systems 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. Silex Systems's Revenue for the six months ended in Dec. 2023 was $1.71 Mil. Silex Systems's average Accounts Receivable for the six months ended in Dec. 2023 was $2.97 Mil. Hence, Silex Systems's Receivables Turnover for the six months ended in Dec. 2023 was 0.57.

Silex Systems Receivables Turnover Historical Data

The historical data trend for Silex Systems'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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Silex Systems Receivables Turnover Chart

Silex Systems Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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8.66

8.12

Silex Systems Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.34	1.42	1.38	0.94	0.57

Competitive Comparison of Silex Systems's Receivables Turnover

For the Semiconductors subindustry, Silex Systems'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.

Silex Systems's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Silex Systems's Receivables Turnover distribution charts can be found below:

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

Silex Systems Receivables Turnover Calculation

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

Silex Systems's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	4.108	/ (	(0.299	+	0.713)	/	2 )
=	4.108	/	0.506
=	8.12

Silex Systems'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1.705	/ (	(0.713	+	5.227)	/	2 )
=	1.705	/	2.97
=	0.57

Silex Systems (OTCPK:SILXF) 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.

Silex Systems Receivables Turnover Related Terms

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Silex Systems (Silex Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Silex Systems Ltd (OTCPK:SILXF) » Definitions » Receivables Turnover

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SILXY:USA RW4:Germany SLX:Australia

Address

New Illawarra Road, Building 64, Lucas Heights Science and Technology Centre, Lucas Heights, Sydney, NSW, AUS, 2234

Website

https://www.silex.com.au

Silex Systems Ltd is an Australian research and development company. The company focused on the development of the SILEX laser uranium enrichment technology as the next-generation technology for the uranium enrichment industry. The company's operating segment includes Silex Systems; Silex USA, and Translucent. It generates maximum revenue from the Silex Systems segment.

Silex Systems (Silex Systems) Headlines

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