IBKKF (iMining Technologies) Receivables Turnover: 0.00 (As of Feb. 2022)

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What is iMining Technologies Receivables Turnover?

iMining Technologies IBKKF Receivables Turnover is 0.00 as of Feb. 2022.

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. iMining Technologies's Revenue for the three months ended in Feb. 2022 was $-0.19 Mil. iMining Technologies's average Accounts Receivable for the three months ended in Feb. 2022 was $0.13 Mil.


iMining Technologies  (OTCPK:IBKKF) 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.


iMining Technologies Receivables Turnover Related Terms


iMining Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for iMining Technologies'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.

iMining Technologies Receivables Turnover Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 0.00 0.00 0.22 4.87 0.00

IBKKF vs FDCT, SYSX, EQOSQ: Receivables Turnover Comparison

For the Capital Markets subindustry, iMining Technologies'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.


iMining Technologies Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, iMining Technologies's Receivables Turnover distribution charts can be found below:

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



iMining Technologies Receivables Turnover Calculation

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

iMining Technologies's Receivables Turnover for the fiscal year that ended in May. 2021 is calculated as

Receivables Turnover (A: May. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2021 ) / ((Accounts Receivable (A: May. 2020 ) + Accounts Receivable (A: May. 2021 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

iMining Technologies's Receivables Turnover for the quarter that ended in Feb. 2022 is calculated as

Receivables Turnover (Q: Feb. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2022 ) / ((Accounts Receivable (Q: Nov. 2021 ) + Accounts Receivable (Q: Feb. 2022 )) / count )
=-0.192 / ((0.121 + 0.134) / 2 )
=-0.192 / 0.1275
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
iMining Technologies (IBKKF) has a Receivables Turnover of 0.00 as of Feb. 2022. 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 iMining Technologies and its competitors.
Is iMining Technologies' Receivables Turnover too high?
iMining Technologies' current Receivables Turnover is 0.00.
How does iMining Technologies' Receivables Turnover compare to FDCT and SYSX?
iMining Technologies' Receivables Turnover of 0.00 can be compared against companies in the Capital Markets industry. The industry median Receivables Turnover is 6.85. 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.85, based on 579 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. 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 iMining Technologies and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iMining Technologies's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iMining Technologies stock overvalued right now?
iMining Technologies (IBKKF) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 iMining Technologies (IBKKF), the current Receivables Turnover is 0.00 as of Feb. 2022. 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.

iMining Technologies Business Description

Address 750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.