KIQSF (Kelso Technologies) Receivables Turnover : 2.35 (As of Mar. 2025)

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What is Kelso Technologies 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. Kelso Technologies's Revenue for the three months ended in Mar. 2025 was $3.16 Mil. Kelso Technologies's average Accounts Receivable for the three months ended in Mar. 2025 was $1.34 Mil. Hence, Kelso Technologies's Receivables Turnover for the three months ended in Mar. 2025 was 2.35.

Kelso Technologies Receivables Turnover Historical Data

The historical data trend for Kelso 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.

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Kelso Technologies Receivables Turnover Chart

Kelso Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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9.44

11.06

9.99

8.84

9.91

Kelso Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															2.65	2.97	2.37	2.36	2.35

Competitive Comparison of Kelso Technologies's Receivables Turnover

For the Railroads subindustry, Kelso 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.

Kelso Technologies's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kelso Technologies's Receivables Turnover distribution charts can be found below:

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

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Kelso Technologies Receivables Turnover Calculation

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

Kelso Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	10.68	/ (	(1.065	+	1.091)	/	2 )
=	10.68	/	1.078
=	9.91

Kelso Technologies's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	3.158	/ (	(1.091	+	1.597)	/	2 )
=	3.158	/	1.344
=	2.35

Kelso Technologies (OTCPK:KIQSF) 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.

Kelso Technologies Receivables Turnover Related Terms

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Kelso Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kelso Technologies Inc (OTCPK:KIQSF) » Definitions » Receivables Turnover

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KLS:Canada

Address

305 - 1979 Old Okanagan Highway, West Kelowna, BC, CAN, V4T 3A4

Website

https://www.kelsotech.com

Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various fuel valves, pressure relief valves, manway securement systems, and other related products designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars. The company operates one business segment, which consists of the design, production, and distribution of various proprietary products for the rail sector. Geographically, it operates in the United States.

Kelso Technologies Headlines

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