Complii FinTech Solutions (ASX:CF1) Receivables Turnover : 7.50 (As of Dec. 2024)

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What is Complii FinTech 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. Complii FinTech Solutions's Revenue for the six months ended in Dec. 2024 was A$3.42 Mil. Complii FinTech Solutions's average Accounts Receivable for the six months ended in Dec. 2024 was A$0.46 Mil. Hence, Complii FinTech Solutions's Receivables Turnover for the six months ended in Dec. 2024 was 7.50.

Complii FinTech Solutions Receivables Turnover Historical Data

The historical data trend for Complii FinTech 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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Complii FinTech Solutions Receivables Turnover Chart

Complii FinTech Solutions Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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11.85

48.80

85.57

28.80

13.70

Complii FinTech Solutions Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															3.54	3.08	5.99	4.29	7.50

Competitive Comparison of Complii FinTech Solutions's Receivables Turnover

For the Software - Application subindustry, Complii FinTech 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.

Complii FinTech Solutions's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Complii FinTech Solutions's Receivables Turnover falls into.

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Complii FinTech Solutions Receivables Turnover Calculation

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

Complii FinTech Solutions's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	6.321	/ (	(0.428	+	0.495)	/	2 )
=	6.321	/	0.4615
=	13.70

Complii FinTech Solutions's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	3.42	/ (	(0.495	+	0.417)	/	2 )
=	3.42	/	0.456
=	7.50

Complii FinTech Solutions (ASX:CF1) 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.

Complii FinTech Solutions Receivables Turnover Related Terms

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Complii FinTech Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Complii FinTech Solutions Ltd (ASX:CF1) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Pitt Street, Level 6.02, Sydney, NSW, AUS, 2000

Website

https://www.complii.com.au

Complii FinTech Solutions Ltd is a secure digital platform that removes the need for paper-based compliance. The company focuses on the regulated financial services industry. The company provides solutions to the financial services sector covering compliance, capital raising, e-learning, account opening, and online portfolio management tools. The group operated in three segments: the Complii segment, the financial technology platforms sector; the primary markets segment, the trading platform sector; and the Adviser Solutions Group, the AFSL sector. The company generates the majority of its revenue from the Complii segment.

Complii FinTech Solutions Headlines

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