Binovi Technologies (Binovi Technologies) Receivables Turnover : 0.00 (As of Feb. 2022)

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What is Binovi Technologies 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. Binovi Technologies's Revenue for the three months ended in Feb. 2022 was $-0.06 Mil. Binovi Technologies's average Accounts Receivable for the three months ended in Feb. 2022 was $0.05 Mil.

Binovi Technologies Receivables Turnover Historical Data

The historical data trend for Binovi Technologies'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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Binovi Technologies Receivables Turnover Chart

Binovi Technologies Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Receivables Turnover

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3.43

25.90

49.90

11.94

1.60

Binovi Technologies Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22
Receivables Turnover	Get a 7-Day Free Trial															2.73	1.50	1.97	0.90	-

Competitive Comparison of Binovi Technologies's Receivables Turnover

For the Health Information Services subindustry, Binovi Technologies'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.

Binovi Technologies's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Binovi Technologies's Receivables Turnover distribution charts can be found below:

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

Binovi Technologies Receivables Turnover Calculation

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

Binovi Technologies's Receivables Turnover for the fiscal year that ended in Feb. 2022 is calculated as

	Receivables Turnover (A: Feb. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2022 )	/ (	(Accounts Receivable (A: Feb. 2021 )	+	Accounts Receivable (A: Feb. 2022 ))	/	count )
=	0.146	/ (	(0.091	+	0)	/	1 )
=	0.146	/	0.091
=	1.60

Binovi Technologies's Receivables Turnover for the quarter that ended in Feb. 2022 is calculated as

	Receivables Turnover (Q: Feb. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2022 )	/ (	(Accounts Receivable (Q: Nov. 2021 )	+	Accounts Receivable (Q: Feb. 2022 ))	/	count )
=	-0.057	/ (	(0.05	+	0)	/	1 )
=	-0.057	/	0.05
=	N/A

Binovi Technologies (OTCPK:BNVIF) 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.

Binovi Technologies Receivables Turnover Related Terms

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Binovi Technologies (Binovi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Binovi Technologies Corp (OTCPK:BNVIF) » Definitions » Receivables Turnover

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Address

1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

https://www.binovi.com

Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.