AGII (AgiiPlus) Receivables Turnover: 0.00 (As of Dec. 2023)


What is AgiiPlus Receivables Turnover?

AgiiPlus AGII Receivables Turnover is 0.00 as of Dec. 2023.

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. AgiiPlus's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. AgiiPlus's average Accounts Receivable for the three months ended in Dec. 2023 was $8.68 Mil.

AgiiPlus  (NAS:AGII) 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.

AgiiPlus Receivables Turnover Related Terms

AgiiPlus Receivables Turnover Historical Data

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The historical data trend for AgiiPlus'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.

AgiiPlus Receivables Turnover Chart

AgiiPlus Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Receivables Turnover
19.56 27.70 18.04 5.66

AgiiPlus Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

AGII vs : Receivables Turnover Comparison

For the Software - Application subindustry, AgiiPlus'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.

AgiiPlus Receivables Turnover vs Software Industry

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

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


AgiiPlus Receivables Turnover Calculation

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

AgiiPlus's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=44.725 / ((5.632 + 10.169) / 2 )
=44.725 / 7.9005
=5.66

AgiiPlus's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((7.186 + 10.169) / 2 )
=0 / 8.6775
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
AgiiPlus (AGII) has a Receivables Turnover of 0.00 as of Dec. 2023. The accounts 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. View historical data on AgiiPlus and its competitors.
Is AgiiPlus' Receivables Turnover too high?
AgiiPlus' current Receivables Turnover is 0.00.
How does AgiiPlus' Receivables Turnover compare to ?
AgiiPlus' Receivables Turnover of 0.00 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.69, based on 2,767 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on AgiiPlus and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AgiiPlus's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AgiiPlus stock overvalued right now?
AgiiPlus (AGII) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For AgiiPlus (AGII), the current Receivables Turnover is 0.00 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AgiiPlus Business Description

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Address 222 Hubin Road, Distrii Center, 18th Floor, Link Square 1, Huangpu District, Shanghai, CHN, 200021
AgiiPlus Inc offers an integrated platform connecting onsite workspaces and digital services through technology. Through its subsidiaries, AgiiPlus offers office leasing and enterprise services under the brand "Tangtang," and, through its subsidiaries, AgiiPlus maintains the Distrii app, the proprietary official app for workspace members, offering AgiiPlus' workspace members a seamless experience beyond physical spaces with easy access to enterprise services. The firm has one operating segment with three revenue streams including workspace leasing & operation revenue, renovation & smart building technology revenue, and brokerage & enterprise service revenue.