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. CooTek (Cayman)'s Revenue for the
six
months ended in Dec. 2024 was $30.32 Mil. CooTek (Cayman)'s average Accounts Receivable for the
six
months ended in Dec. 2024 was $2.60 Mil.
Hence, CooTek (Cayman)'s Receivables Turnover for the
six
months ended in Dec. 2024 was 11.67.
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.
CooTek (Cayman) Receivables Turnover Related Terms
CooTek (Cayman) Receivables Turnover Historical Data
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The historical data trend for CooTek (Cayman)'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.
CTKYY vs LDTCF, FYNN, FMTOF: Receivables Turnover Comparison
For the Software - Application subindustry, CooTek (Cayman)'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.
CooTek (Cayman) Receivables Turnover vs Software Industry
For the Software industry and Technology sector, CooTek (Cayman)'s Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CooTek (Cayman)'s Receivables Turnover falls into.
* 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.
CooTek (Cayman) (CTKYY) has a Receivables Turnover of 11.67 as of Dec. 2024. The accounts 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. View historical data on CooTek (Cayman) and its competitors.
Is CooTek (Cayman)'s Receivables Turnover too high?
CooTek (Cayman)'s current Receivables Turnover is 11.67. The Software industry median Receivables Turnover is 5.69. CooTek (Cayman)'s value of 11.67 is 105.1% above this industry median.
How does CooTek (Cayman)'s Receivables Turnover compare to LDTCF and FYNN?
CooTek (Cayman)'s Receivables Turnover of 11.67 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.69. CooTek (Cayman)'s value of 11.67 is 105.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.69, based on 2,771 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CooTek (Cayman)'s current Receivables Turnover of 11.67 is 105.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on CooTek (Cayman) and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CooTek (Cayman)'s current Receivables Turnover is 11.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CooTek (Cayman) stock overvalued right now?
CooTek (Cayman) (CTKYY) has a current Receivables Turnover of 11.67. The stock's GF Value™ is $0.03, compared to a current price of $0.03 — trading 9.7% below its estimated fair value. The current Receivables Turnover is 11.67 and 105.1% above the Software industry median of 5.69. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For CooTek (Cayman) (CTKYY), the current Receivables Turnover is 11.67 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
CooTek (Cayman) Inc is a mobile internet company offering mobile applications including a portfolio of content-rich mobile applications, TouchPal Phone book and TouchPal Smart Input. Its content-rich mobile applications focus on three categories: online literature, mobile games, and scenario-based mobile apps. The company's products are Content-rich Mobile Applications that include Online literature, Mobile games, Scenario-based mobile apps such as fitness, healthcare, and phone call interface decoration; TouchPal Smart Input; and TouchPal Phonebook. It derives its majority of the revenue from the PRC.
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