What is LiqTech International 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. LiqTech International's Revenue for the
three
months ended in Sep. 2024 was $2.48 Mil. LiqTech International's average Accounts Receivable for the
three
months ended in Sep. 2024 was $2.56 Mil.
Hence, LiqTech International's Receivables Turnover for the
three
months ended in Sep. 2024 was 0.97.
LiqTech International Receivables Turnover Historical Data
The historical data trend for LiqTech International'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.
Competitive Comparison of LiqTech International's Receivables Turnover
For the Pollution & Treatment Controls subindustry, LiqTech International'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.
LiqTech International's Receivables Turnover Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, LiqTech International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where LiqTech International's Receivables Turnover falls into.
LiqTech International Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
LiqTech International's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
LiqTech International (NAS:LIQT) 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.
LiqTech International Receivables Turnover Related Terms
Thank you for viewing the detailed overview of LiqTech International's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics.
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