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CLNV (Clean Vision) Receivables Turnover : 4.38 (As of Sep. 2024)


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What is Clean Vision 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. Clean Vision's Revenue for the three months ended in Sep. 2024 was $0.04 Mil. Clean Vision's average Accounts Receivable for the three months ended in Sep. 2024 was $0.01 Mil. Hence, Clean Vision's Receivables Turnover for the three months ended in Sep. 2024 was 4.38.


Clean Vision Receivables Turnover Historical Data

The historical data trend for Clean Vision'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.

Clean Vision Receivables Turnover Chart

Clean Vision Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 8.90 - - - 3.62

Clean Vision Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.22 0.75 0.65 4.38

Competitive Comparison of Clean Vision's Receivables Turnover

For the Utilities - Renewable subindustry, Clean Vision'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.


Clean Vision's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clean Vision's Receivables Turnover distribution charts can be found below:

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



Clean Vision Receivables Turnover Calculation

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

Clean Vision's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0.257 / ((0 + 0.071) / 1 )
=0.257 / 0.071
=3.62

Clean Vision's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.035 / ((0.008 + 0.008) / 2 )
=0.035 / 0.008
=4.38

* 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.


Clean Vision  (OTCPK:CLNV) 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.


Clean Vision Receivables Turnover Related Terms

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Clean Vision Business Description

Traded in Other Exchanges
N/A
Address
2711 N. Sepulveda Boulevard, Suite 1051, Manhattan Beach, CA, USA, 90266
Clean Vision Corp is a new entrant in the clean energy and waste-to-energy industries focused on clean technology and sustainability opportunities. It is focused on providing a solution to the plastic waste problem by recycling the waste and converting it into saleable byproducts, such as hydrogen and other clean-burning fuels. Using a technology known as pyrolysis, which heats the feedstock at high temperatures in the absence of oxygen so that the material does not burn, It is able to turn the feedstock into (i) clean fuels, (ii) clean hydrogen and (iii) carbon black or char.
Executives
Jukun Huang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Feng Gu director, officer: Chief Executive Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Shubin Wang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Yan Zheng officer: Chief Financial Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Liming Gong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Laifu Zhong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Xun Yuan director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620

Clean Vision Headlines

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