LQAVF (Liquid Avatar Technologies) Receivables Turnover: 0.02 (As of Sep. 2022)

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What is Liquid Avatar Technologies Receivables Turnover?

Liquid Avatar Technologies LQAVF -99.00% Receivables Turnover is 0.02 as of Sep. 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. Liquid Avatar Technologies's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Liquid Avatar Technologies's average Accounts Receivable for the three months ended in Sep. 2022 was $0.06 Mil. Hence, Liquid Avatar Technologies's Receivables Turnover for the three months ended in Sep. 2022 was 0.02.

Liquid Avatar Technologies  (OTCPK:LQAVF) 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.

Liquid Avatar Technologies Receivables Turnover Related Terms

Liquid Avatar Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Liquid Avatar 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.

Liquid Avatar Technologies Receivables Turnover Chart

Liquid Avatar Technologies Annual Data
Trend Dec19 Dec20 Dec21
Receivables Turnover
0.00 0.00 0.02

Liquid Avatar Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.15 0.00 0.00 0.00 0.02

LQAVF vs CRM, INTU, NOW: Receivables Turnover Comparison

For the Software - Application subindustry, Liquid Avatar 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.

Liquid Avatar Technologies Receivables Turnover vs Software Industry

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

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


Liquid Avatar Technologies Receivables Turnover Calculation

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

Liquid Avatar Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=0.013 / ((0 + 0.557) / 1 )
=0.013 / 0.557
=0.02

Liquid Avatar Technologies's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=0.001 / ((0.002 + 0.124) / 2 )
=0.001 / 0.063
=0.02

* 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 0.02 mean?
Liquid Avatar Technologies (LQAVF) has a Receivables Turnover of 0.02 as of Sep. 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 Liquid Avatar Technologies and its competitors.
Is Liquid Avatar Technologies' Receivables Turnover too high?
Liquid Avatar Technologies' current Receivables Turnover is 0.02. The Software industry median Receivables Turnover is 5.72. Liquid Avatar Technologies' value of 0.02 is 99.7% below this industry median.
How does Liquid Avatar Technologies' Receivables Turnover compare to CRM and INTU?
Liquid Avatar Technologies' Receivables Turnover of 0.02 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.72. Liquid Avatar Technologies' value of 0.02 is 99.7% 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 5.72, based on 2,773 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. Liquid Avatar Technologies's current Receivables Turnover of 0.02 is 99.7% 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 Liquid Avatar Technologies and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liquid Avatar Technologies's current Receivables Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liquid Avatar Technologies stock overvalued right now?
Liquid Avatar Technologies (LQAVF) has a current Receivables Turnover of 0.02. The current Receivables Turnover is 0.02 and 99.7% below the Software industry median of 5.72. 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 Liquid Avatar Technologies (LQAVF), the current Receivables Turnover is 0.02 as of Sep. 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.

Liquid Avatar Technologies Business Description

Address 7030 Woodbine Avenue, Suite 500, Markham, ON, CAN, L3R 6G2
Liquid Avatar Technologies Inc focuses on verification, management and monetization of Digital ID, letting users control and benefit from engagements. The Liquid Avatar App allows users to create facets of their online ID giving control over the use of the data through its biometrically based SSI, using blockchain tech. At no cost to consumers, Liquid Avatar gains revenues through permission-based offers and services, such as KABN Visa Card, KABN KASH and other services and marketplace programs.