MAXD (Max Sound) Receivables Turnover: 0.00 (As of Jun. 2022)

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What is Max Sound Receivables Turnover?

Max Sound MAXD -90.00% Receivables Turnover is 0.00 as of Jun. 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. Max Sound's Revenue for the three months ended in Jun. 2022 was $0.00 Mil. Max Sound's average Accounts Receivable for the three months ended in Jun. 2022 was $0.00 Mil.

Max Sound (OTCPK:MAXD) 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.

Max Sound Receivables Turnover Related Terms

Max Sound Receivables Turnover Historical Data

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The historical data trend for Max Sound'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.

Max Sound Receivables Turnover Chart

Max Sound Annual Data

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Receivables Turnover

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Max Sound Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Receivables Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

MAXD vs ABQQ, IWSY, RETC: Receivables Turnover Comparison

For the Software - Application subindustry, Max Sound'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.

Max Sound Receivables Turnover vs Software Industry

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

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

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Max Sound Receivables Turnover Calculation

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

Max Sound'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 )
=	0.288	/ (	(0	+	0)	/	1 )
=	0.288	/	0
=	N/A

Max Sound's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

	Receivables Turnover (Q: Jun. 2022 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Jun. 2022 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Jun. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Frequently Asked Questions Learn more about Receivables Turnover →

What does a Receivables Turnover of 0.00 mean?

Max Sound (MAXD) has a Receivables Turnover of 0.00 as of Jun. 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 Max Sound and its competitors.

Is Max Sound's Receivables Turnover too high?

Max Sound's current Receivables Turnover is 0.00.

How does Max Sound's Receivables Turnover compare to ABQQ and IWSY?

Max Sound's Receivables Turnover of 0.00 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.72. 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. 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 Max Sound 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. Max Sound'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 Max Sound stock overvalued right now?

Max Sound (MAXD) 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 Max Sound (MAXD), the current Receivables Turnover is 0.00 as of Jun. 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.

Max Sound Business Description

Industry Technology Software

Comparable Companies ABQQ IWSY RETC FSSN ALDS IONI LAIXY LAAB ASFT AVOI CRM INTU XTER:SAP NOW XPAR:DSY UBER TEAM TSX:SHOP WDAY ADSK

Address 3525 Del Mar Heights Road, No. 802, San Diego, CA, USA, 92130

Website https://www.maxd.audio

Max Sound Corp sells, and licenses products and services based on its patent MAX-D HD Audio Technology for sound recording and playback that improves the listener's experience. The MAXD-D HD Audio Technology converts audio files into high definition sound without increasing the file size. Its products and services are provided to various markets including motion picture, music recording, video game, broadcasting, internet video and audio, automobile infotainment systems, and consumer electronics. The company derives its revenue by licensing its MAX-D technology.