DorsaVi (ASX:DVL) Receivables Turnover : 1.50 (As of Dec. 2024)

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What is DorsaVi 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. DorsaVi's Revenue for the six months ended in Dec. 2024 was A$0.65 Mil. DorsaVi's average Accounts Receivable for the six months ended in Dec. 2024 was A$0.44 Mil. Hence, DorsaVi's Receivables Turnover for the six months ended in Dec. 2024 was 1.50.

DorsaVi Receivables Turnover Historical Data

The historical data trend for DorsaVi'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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DorsaVi Receivables Turnover Chart

DorsaVi Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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3.61

3.50

3.85

3.97

3.83

DorsaVi 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															1.32	1.54	1.07	1.34	1.50

Competitive Comparison of DorsaVi's Receivables Turnover

For the Scientific & Technical Instruments subindustry, DorsaVi'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.

DorsaVi's Receivables Turnover Distribution in the Hardware Industry

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

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

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DorsaVi Receivables Turnover Calculation

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

DorsaVi'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 )
=	1.304	/ (	(0.396	+	0.285)	/	2 )
=	1.304	/	0.3405
=	3.83

DorsaVi'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 )
=	0.654	/ (	(0.285	+	0.587)	/	2 )
=	0.654	/	0.436
=	1.50

DorsaVi (ASX:DVL) 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.

DorsaVi Receivables Turnover Related Terms

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DorsaVi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » DorsaVi Ltd (ASX:DVL) » Definitions » Receivables Turnover

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Address

11-13 Milgate Street, Unit 3, Oakleigh South, Melbourne, VIC, AUS, 3167

Website

https://www.dorsavi.com

DorsaVi Ltd is engaged in the development and sale of motion analysis technologies. Its technologies are commercialized via license, sale, or fixed-fee consultancy. The company makes wearable sensors, software, and sophisticated algorithms that measure movement and muscle activation at around 200 frames per second. The company's products include ViSafe (Workplace), ViMove (Clinic), and others. The firm operates in two reportable segments: Clinical, and Workplace. A majority of its revenue is generated from the Clinical segment. Geographically, the company derives maximum revenue from the United States of America, and the rest from Australia, and Europe.

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