KNRX (Knorex) Receivables Turnover: 2.21 (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KNRX Knorex Ltd KNRX
6 GF Score
Price $0.35
! 5 Warning Signs
View Full Analysis

What is Knorex Receivables Turnover?

Knorex KNRX 6 Receivables Turnover is 2.21 as of Jun. 2025. GuruFocus rates KNRX with a GF Score™ of 6/100. The stock has 5 warning signs investors should review. Among 2,781 Software companies, Knorex ranks worse than 55.77% on this metric.

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. Knorex's Revenue for the six months ended in Jun. 2025 was $2.83 Mil. Knorex's average Accounts Receivable for the six months ended in Jun. 2025 was $1.28 Mil. Hence, Knorex's Receivables Turnover for the six months ended in Jun. 2025 was 2.21.


Knorex  (AMEX:KNRX) 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.


Knorex Receivables Turnover Related Terms


Knorex Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Knorex'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.

Knorex Receivables Turnover Chart

Knorex Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Receivables Turnover
6.90 5.20 5.06 6.17

Knorex Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Receivables Turnover Get a 7-Day Free Trial 2.14 2.97 3.11 2.81 2.21

KNRX vs UPLD, RCT, CXAI: Receivables Turnover Comparison

For the Software - Application subindustry, Knorex'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.


Knorex Receivables Turnover vs Software Industry

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

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


KNRX
6GF Score
Knorex Ltd KNRX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knorex Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=10.82 / ((1.625 + 1.881) / 2 )
=10.82 / 1.753
=6.17

Knorex's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=2.826 / ((1.881 + 0.674) / 2 )
=2.826 / 1.2775
=2.21

* 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 2.21 mean?
Knorex (KNRX) has a Receivables Turnover of 2.21 as of Jun. 2025. 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 Knorex and its competitors. According to the industry distribution chart, Knorex ranks #1551 out of 2781 companies in the Software industry, placing it in the top 55.8%.
Is Knorex's Receivables Turnover too high?
Knorex's current Receivables Turnover is 2.21. The Software industry median Receivables Turnover is 5.95. Knorex's value of 2.21 is 62.9% below this industry median. Based on the distribution chart, Knorex ranks #1551 out of 2781 companies in the Software industry, which is below the industry midpoint. Overall, Knorex has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Knorex's Receivables Turnover compare to UPLD and RCT?
According to the Software industry distribution chart, Knorex ranks #1551 out of 2781 companies for Receivables Turnover. This places Knorex in the lower half of its industry. The industry median Receivables Turnover is 5.95. Knorex's value of 2.21 is 62.9% below this benchmark. 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 Software company?
The median Receivables Turnover among Software companies is 5.95, based on 2,781 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. Knorex's current Receivables Turnover of 2.21 is 62.9% below the industry median. 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 Knorex and its competitors. For the Software industry, the median Receivables Turnover is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knorex's current Receivables Turnover is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knorex stock overvalued right now?
Knorex (KNRX) has a current Receivables Turnover of 2.21. The current Receivables Turnover is 2.21 and 62.9% below the Software industry median of 5.95. Knorex's overall GF Score™ is 6/100 with 5 warning signs to review. 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 Knorex (KNRX), the current Receivables Turnover is 2.21 as of Jun. 2025. 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.

Knorex Business Description

Address 21 Merchant Road, No. 04-01, Singapore, SGP, 058267
Knorex Ltd is a B2B technology company providing programmatic advertising products and solutions to marketers to streamline and automate their advertising and marketing workflows. The company's product, Knorex XPOSM, is a self-service enterprise-grade cloud platform with a suite of advertising management and execution (AMX) applications.
6GF Score

Get the complete analysis for KNRX

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.35
Price