Etherstack (ASX:ESK) Receivables Turnover : 0.98 (As of Dec. 2024)

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What is Etherstack 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. Etherstack's Revenue for the six months ended in Dec. 2024 was A$4.09 Mil. Etherstack's average Accounts Receivable for the six months ended in Dec. 2024 was A$4.15 Mil. Hence, Etherstack's Receivables Turnover for the six months ended in Dec. 2024 was 0.98.

Etherstack Receivables Turnover Historical Data

The historical data trend for Etherstack'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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Etherstack Receivables Turnover Chart

Etherstack Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.83

10.75

8.62

4.22

2.38

Etherstack 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															1.75	1.22	1.89	1.01	0.98

Competitive Comparison of Etherstack's Receivables Turnover

For the Software - Application subindustry, Etherstack'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.

Etherstack's Receivables Turnover Distribution in the Software Industry

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

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

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Etherstack Receivables Turnover Calculation

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

Etherstack's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	9.367	/ (	(4.782	+	3.084)	/	2 )
=	9.367	/	3.933
=	2.38

Etherstack'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 )
=	4.085	/ (	(5.218	+	3.084)	/	2 )
=	4.085	/	4.151
=	0.98

Etherstack (ASX:ESK) 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.

Etherstack Receivables Turnover Related Terms

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Etherstack Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Etherstack PLC (ASX:ESK) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

The Blade, Abbey Square, Suite 12, Reading, GBR, RG1 3EB

Website

https://www.etherstack.com

Etherstack PLC specializes in wireless communications technology. It designs, develops, and deploys wireless communications software and products. The company develops software for use in transceivers, which enables the transceiver to communicate with a radio network and other transceivers. In addition, it also licenses its software and designs to companies that manufacture telecommunication equipment for government, public safety agencies, and utilities. Geographically, the firm operates through the region of the United Kingdom, the United States, Japan, Australia, South Korea, and Canada.

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