Generative AI Solutions (Generative AI Solutions) Receivables Turnover : 0.50 (As of Jan. 2024)

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What is Generative AI Solutions 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. Generative AI Solutions's Revenue for the three months ended in Jan. 2024 was $0.14 Mil. Generative AI Solutions's average Accounts Receivable for the three months ended in Jan. 2024 was $0.27 Mil. Hence, Generative AI Solutions's Receivables Turnover for the three months ended in Jan. 2024 was 0.50.

Generative AI Solutions Receivables Turnover Historical Data

The historical data trend for Generative AI Solutions'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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Generative AI Solutions Receivables Turnover Chart

Generative AI Solutions Annual Data

Trend

Feb22

Jan23

Jan24

Receivables Turnover

0.50

Generative AI Solutions Quarterly Data
	May20	Aug20	Nov20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial									-	-	-	-	0.50

Competitive Comparison of Generative AI Solutions's Receivables Turnover

For the Software - Application subindustry, Generative AI Solutions'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.

Generative AI Solutions's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Generative AI Solutions's Receivables Turnover falls into.

Generative AI Solutions Receivables Turnover Calculation

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

Generative AI Solutions's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	0.136	/ (	(0	+	0.273)	/	1 )
=	0.136	/	0.273
=	0.50

Generative AI Solutions's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	0.136	/ (	(0	+	0.273)	/	1 )
=	0.136	/	0.273
=	0.50

Generative AI Solutions (OTCPK:AICOF) 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.

Generative AI Solutions Receivables Turnover Related Terms

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Generative AI Solutions (Generative AI Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Generative AI Solutions Corp (OTCPK:AICOF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N8T:Germany AICO:Canada

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.genai-solutions.com

Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.