CORZ (Core Scientific) Receivables Turnover : 26.12 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Core Scientific 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. Core Scientific's Revenue for the three months ended in Dec. 2024 was $94.9 Mil. Core Scientific's average Accounts Receivable for the three months ended in Dec. 2024 was $3.6 Mil. Hence, Core Scientific's Receivables Turnover for the three months ended in Dec. 2024 was 26.12.

Core Scientific Receivables Turnover Historical Data

The historical data trend for Core Scientific'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.

Core Scientific Receivables Turnover Chart

Core Scientific Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

134.49

440.16

660.46

798.73

504.12

Core Scientific Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial													134.53	170.11	48.80	17.46	26.12

Competitive Comparison of Core Scientific's Receivables Turnover

For the Software - Infrastructure subindustry, Core Scientific'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.

Core Scientific's Receivables Turnover Distribution in the Software Industry

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

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

Save Embed

;

Save Embed

;

Core Scientific Receivables Turnover Calculation

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

Core Scientific'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 )
=	510.672	/ (	(1.001	+	1.025)	/	2 )
=	510.672	/	1.013
=	504.12

Core Scientific'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: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	94.925	/ (	(6.244	+	1.025)	/	2 )
=	94.925	/	3.6345
=	26.12

Core Scientific (NAS:CORZ) 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.

Core Scientific Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Core Scientific's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Core Scientific Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Core Scientific Inc (NAS:CORZ) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

7ZD:Germany

Address

838 Walker Road, Suite 21-2105, Dover, DE, USA, 19904

Website

https://www.corescientific.com

Core Scientific Inc is engaged in designing, building and operating digital infrastructure for high-performance computing. The business operates in three operating segments; Digital Asset Self-Mining, consisting of performing digital asset mining for the own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and HPC Hosting, consisting of providing hosting services to third parties for graphics processing unit (GPU) based HPC hosting operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.