Infinity Stone Ventures (FRA:B2IA) Receivables Turnover : 0.13 (As of May. 2023)

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What is Infinity Stone Ventures 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. Infinity Stone Ventures's Revenue for the three months ended in May. 2023 was €0.01 Mil. Infinity Stone Ventures's average Accounts Receivable for the three months ended in May. 2023 was €0.07 Mil. Hence, Infinity Stone Ventures's Receivables Turnover for the three months ended in May. 2023 was 0.13.

Infinity Stone Ventures Receivables Turnover Historical Data

The historical data trend for Infinity Stone Ventures'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.

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Infinity Stone Ventures Receivables Turnover Chart

Infinity Stone Ventures Annual Data

Trend

Aug21

Aug22

Receivables Turnover

1.19

3.54

Infinity Stone Ventures Quarterly Data
	May20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Receivables Turnover	Get a 7-Day Free Trial							0.29	0.31	0.47	0.45	0.13

Competitive Comparison of Infinity Stone Ventures's Receivables Turnover

For the Software - Application subindustry, Infinity Stone Ventures'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.

Infinity Stone Ventures's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Infinity Stone Ventures's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Infinity Stone Ventures's Receivables Turnover falls into.

Infinity Stone Ventures Receivables Turnover Calculation

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

Infinity Stone Ventures's Receivables Turnover for the fiscal year that ended in Aug. 2022 is calculated as

	Receivables Turnover (A: Aug. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2022 )	/ (	(Accounts Receivable (A: Aug. 2021 )	+	Accounts Receivable (A: Aug. 2022 ))	/	count )
=	0.581	/ (	(0.117	+	0.211)	/	2 )
=	0.581	/	0.164
=	3.54

Infinity Stone Ventures's Receivables Turnover for the quarter that ended in May. 2023 is calculated as

	Receivables Turnover (Q: May. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: May. 2023 )	/ (	(Accounts Receivable (Q: Feb. 2023 )	+	Accounts Receivable (Q: May. 2023 ))	/	count )
=	0.009	/ (	(0.085	+	0.054)	/	2 )
=	0.009	/	0.0695
=	0.13

Infinity Stone Ventures (FRA:B2IA) 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.

Infinity Stone Ventures Receivables Turnover Related Terms

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Infinity Stone Ventures (FRA:B2IA) Business Description

Industry

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Traded in Other Exchanges

GEMSF:USA B2IA:Germany GEMS:Canada

Address

750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6

Website

https://www.infinitystone.ventures

Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).

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