Baijiayun Group (FRA:F4B1) Receivables Turnover : 0.89 (As of Dec. 2023)

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What is Baijiayun Group 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. Baijiayun Group's Revenue for the six months ended in Dec. 2023 was €28.01 Mil. Baijiayun Group's average Accounts Receivable for the six months ended in Dec. 2023 was €31.64 Mil. Hence, Baijiayun Group's Receivables Turnover for the six months ended in Dec. 2023 was 0.89.

Baijiayun Group Receivables Turnover Historical Data

The historical data trend for Baijiayun Group'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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Baijiayun Group Receivables Turnover Chart

Baijiayun Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Receivables Turnover

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23.49

23.80

24.32

5.39

2.75

Baijiayun Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															8.71	-	1.48	1.18	0.89

Competitive Comparison of Baijiayun Group's Receivables Turnover

For the Software - Application subindustry, Baijiayun Group'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.

Baijiayun Group's Receivables Turnover Distribution in the Software Industry

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

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

Baijiayun Group Receivables Turnover Calculation

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

Baijiayun Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	75.917	/ (	(21.397	+	33.835)	/	2 )
=	75.917	/	27.616
=	2.75

Baijiayun Group's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	28.005	/ (	(33.835	+	29.447)	/	2 )
=	28.005	/	31.641
=	0.89

Baijiayun Group (FRA:F4B1) 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.

Baijiayun Group Receivables Turnover Related Terms

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Baijiayun Group (FRA:F4B1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Baijiayun Group Ltd (FRA:F4B1) » Definitions » Receivables Turnover

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RTC:USA

Address

No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000

Website

https://ir.baijiayun.com

Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.

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