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GDLG (Glidelogic) Receivables Turnover : 0.00 (As of Oct. 2024)


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What is Glidelogic 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. Glidelogic's Revenue for the three months ended in Oct. 2024 was $0.02 Mil. Glidelogic's average Accounts Receivable for the three months ended in Oct. 2024 was $0.00 Mil.

Glidelogic Receivables Turnover Historical Data

The historical data trend for Glidelogic'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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Glidelogic Receivables Turnover Chart

Glidelogic Annual Data
Trend Jan21 Jan22 Jan23 Jan24
Receivables Turnover
- 25.00 - 30.00

Glidelogic Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 - - - - -

Competitive Comparison of Glidelogic's Receivables Turnover

For the Software - Application subindustry, Glidelogic'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.

Glidelogic's Receivables Turnover Distribution in the Software Industry

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

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


Glidelogic Receivables Turnover Calculation

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

Glidelogic's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=0.03 / ((0 + 0.001) / 1 )
=0.03 / 0.001
=30.00

Glidelogic's Receivables Turnover for the quarter that ended in Oct. 2024 is calculated as

Receivables Turnover (Q: Oct. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2024 ) / ((Accounts Receivable (Q: Jul. 2024 ) + Accounts Receivable (Q: Oct. 2024 )) / count )
=0.022 / ((0 + 0) / 1 )
=0.022 / 0
=N/A

* 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.

Glidelogic  (OTCPK:GDLG) 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.

Glidelogic Receivables Turnover Related Terms

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Glidelogic Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Glidelogic Corp (OTCPK:GDLG) » Definitions » Receivables Turnover
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Traded in Other Exchanges
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Address
11264 Playa Court, Culver, CA, USA, 90230
Website
https://www.glidelogic.ai
Glidelogic Corp is a software development company that is developing an online platform and messenger. It offers software development, encryption, blockchain technologies, and related lines of business aimed at the broad public. It focuses on users whose primary significance in a messenger application is the security and privacy of sent data. Alongside with software related services the company provides software development consulting services.