FINR (Fintech Scion) Receivables Turnover: 3.89 (As of Sep. 2024)


What is Fintech Scion Receivables Turnover?

Fintech Scion FINR +6,900.00% Receivables Turnover is 3.89 as of Sep. 2024.

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. Fintech Scion's Revenue for the three months ended in Sep. 2024 was $0.22 Mil. Fintech Scion's average Accounts Receivable for the three months ended in Sep. 2024 was $0.06 Mil. Hence, Fintech Scion's Receivables Turnover for the three months ended in Sep. 2024 was 3.89.


Fintech Scion  (OTCPK:FINR) 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.


Fintech Scion Receivables Turnover Related Terms


Fintech Scion Receivables Turnover Historical Data

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The historical data trend for Fintech Scion'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.

Fintech Scion Receivables Turnover Chart

Fintech Scion Annual Data
Trend Oct14 Oct15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.38 2.61

Fintech Scion Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 1.86 0.14 5.18 1.69 3.89

FINR vs UBXG, ARAT, BNAI: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, Fintech Scion'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.


Fintech Scion Receivables Turnover vs Software Industry

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

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



Fintech Scion Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=2.42 / ((1.792 + 0.06) / 2 )
=2.42 / 0.926
=2.61

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

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.22 / ((0.057 + 0.056) / 2 )
=0.22 / 0.0565
=3.89

* 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 3.89 mean?
Fintech Scion (FINR) has a Receivables Turnover of 3.89 as of Sep. 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 Fintech Scion and its competitors.
Is Fintech Scion's Receivables Turnover too high?
Fintech Scion's current Receivables Turnover is 3.89. The Software industry median Receivables Turnover is 5.68. Fintech Scion's value of 3.89 is 31.5% below this industry median.
How does Fintech Scion's Receivables Turnover compare to UBXG and ARAT?
Fintech Scion's Receivables Turnover of 3.89 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.68. Fintech Scion's value of 3.89 is 31.5% 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 Software company?
The median Receivables Turnover among Software companies is 5.68, based on 2,765 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. Fintech Scion's current Receivables Turnover of 3.89 is 31.5% 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 Fintech Scion and its competitors. For the Software industry, the median Receivables Turnover is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fintech Scion's current Receivables Turnover is 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fintech Scion stock overvalued right now?
Fintech Scion (FINR) has a current Receivables Turnover of 3.89. The current Receivables Turnover is 3.89 and 31.5% below the Software industry median of 5.68. 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 Fintech Scion (FINR), the current Receivables Turnover is 3.89 as of Sep. 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.

Fintech Scion Business Description

Address Portman House, 2 Portman Street, London, GBR, W1H 6DU
Fintech Scion Ltd is a fintech enterprise poised to revolutionize the financial landscape through its digital Banking-as-a-Service (BaaS) platform. Its mission is to empower merchants by furnishing them with an integrated suite of tools, skills, and solutions that streamline payment services, unlocking a realm of secure, online, and fully managed transactions and settlements. Its cutting-edge payments platform boasts a comprehensive suite of integrated payment products and services tailored to various channels be it in-store, online, or through mobile and tablet interfaces. This suite encompasses end-to-end payment processing for an array of payment types, merchant acquiring and issuing, diverse methods of mobile and contactless payments, and QR code-based solutions.