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ApartmentLove (ApartmentLove) Receivables Turnover : 1.01 (As of Sep. 2023)


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What is ApartmentLove 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. ApartmentLove's Revenue for the three months ended in Sep. 2023 was $0.09 Mil. ApartmentLove's average Accounts Receivable for the three months ended in Sep. 2023 was $0.09 Mil. Hence, ApartmentLove's Receivables Turnover for the three months ended in Sep. 2023 was 1.01.

ApartmentLove Receivables Turnover Historical Data

The historical data trend for ApartmentLove'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.

* Premium members only.

ApartmentLove Receivables Turnover Chart

ApartmentLove Annual Data
Trend Dec20 Dec21 Dec22
Receivables Turnover
6.00 2.50 2.71

ApartmentLove Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 0.83 1.57 1.28 1.01

Competitive Comparison of ApartmentLove's Receivables Turnover

For the Internet Content & Information subindustry, ApartmentLove'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.

ApartmentLove's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ApartmentLove's Receivables Turnover distribution charts can be found below:

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


ApartmentLove Receivables Turnover Calculation

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

ApartmentLove's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=0.195 / ((0 + 0.072) / 1 )
=0.195 / 0.072
=2.71

ApartmentLove's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0.09 / ((0.087 + 0.092) / 2 )
=0.09 / 0.0895
=1.01

* 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.

ApartmentLove  (OTCPK:APMLF) 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.

ApartmentLove Receivables Turnover Related Terms

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ApartmentLove (ApartmentLove) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ApartmentLove Inc (OTCPK:APMLF) » Definitions » Receivables Turnover
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Traded in Other Exchanges
APLV:Canada
Address
421 7th Avenue S.W., Suite 1600, Calgary, AB, CAN, T2P 4K9
Website
https://www.apartmentlove.com
ApartmentLove Inc operates an online listing platform intended to serve people from coast to coast and around the world. The company provides online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers in countries around the world, promoting homes, apartments, and vacation properties on its network of websites, and providing its customers with housing solutions.