Damon (DMNID) Receivables Turnover: 1.57 (As of Sep. 2025)


What is Damon Receivables Turnover?

Damon DMNID -17.14% Receivables Turnover is 1.57 as of Sep. 2025. The stock has 2 warning signs investors should review.

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. Damon's Revenue for the three months ended in Sep. 2025 was $0.08 Mil. Damon's average Accounts Receivable for the three months ended in Sep. 2025 was $0.05 Mil. Hence, Damon's Receivables Turnover for the three months ended in Sep. 2025 was 1.57.


Damon  (OTCPK:DMNID) 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.


Damon Receivables Turnover Related Terms


Damon Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Damon'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.

Damon Receivables Turnover Chart

Damon Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
0.00 0.00 0.00 0.00 10.14

Damon Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.67 1.23 3.02 1.57

DMNID vs ZAPPF, SVUHF, BINI: Receivables Turnover Comparison

For the Auto Manufacturers subindustry, Damon'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.


Damon Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Damon's Receivables Turnover distribution charts can be found below:

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



Damon Receivables Turnover Calculation

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

Damon's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=0.223 / ((0 + 0.022) / 1 )
=0.223 / 0.022
=10.14

Damon's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=0.081 / ((0.022 + 0.081) / 2 )
=0.081 / 0.0515
=1.57

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.57 mean?
Damon (DMNID) has a Receivables Turnover of 1.57 as of Sep. 2025. 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 Damon and its competitors.
Is Damon's Receivables Turnover too high?
Damon's current Receivables Turnover is 1.57. The Vehicles & Parts industry median Receivables Turnover is 5.99. Damon's value of 1.57 is 73.8% below this industry median.
How does Damon's Receivables Turnover compare to ZAPPF and SVUHF?
Damon's Receivables Turnover of 1.57 can be compared against companies in the Vehicles & Parts industry. The industry median Receivables Turnover is 5.99. Damon's value of 1.57 is 73.8% below 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,318 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. Damon's current Receivables Turnover of 1.57 is 73.8% below 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 Damon and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Damon's current Receivables Turnover is 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Damon stock overvalued right now?
Damon (DMNID) has a current Receivables Turnover of 1.57. The current Receivables Turnover is 1.57 and 73.8% below the Vehicles & Parts industry median of 5.99. 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 Damon (DMNID), the current Receivables Turnover is 1.57 as of Sep. 2025. 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.

Damon Business Description

Address 4601 Canada Way, Suite 402, Burnaby, BC, CAN, V5G 4X7
Damon Inc is a motorcycle manufacturing company that aims to revolutionize the motorcycle industry by building a smart and technologically advanced motorcycle. Damon is developing technology and investing in capabilities to lead the transformation of the high-performance electric motorcycle market. It is introducing existing enthusiasts to high-performance electric products while attracting new riders to the motorcycle community with first-of-its-kind advances in zero-emissions motorcycle performance, safety, connectivity, and AI.