Quad M Solutions (Quad M Solutions) Receivables Turnover : 0.00 (As of Jun. 2023)

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What is Quad M Solutions 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. Quad M Solutions's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Quad M Solutions's average Accounts Receivable for the three months ended in Jun. 2023 was $0.25 Mil.

Quad M Solutions Receivables Turnover Historical Data

The historical data trend for Quad M Solutions'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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Quad M Solutions Receivables Turnover Chart

Quad M Solutions Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Receivables Turnover

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5.68

Quad M Solutions Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Receivables Turnover	Get a 7-Day Free Trial															4.20	3.10	0.05	-	-

Competitive Comparison of Quad M Solutions's Receivables Turnover

For the Insurance - Specialty subindustry, Quad M Solutions'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.

Quad M Solutions's Receivables Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Quad M Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Quad M Solutions's Receivables Turnover falls into.

Quad M Solutions Receivables Turnover Calculation

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

Quad M Solutions's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	54.893	/ (	(0	+	9.659)	/	1 )
=	54.893	/	9.659
=	5.68

Quad M Solutions's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	0	/ (	(0.253	+	0.253)	/	2 )
=	0	/	0.253
=	N/A

Quad M Solutions (OTCPK:MMMM) 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.

Quad M Solutions Receivables Turnover Related Terms

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Quad M Solutions (Quad M Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Quad M Solutions Inc (OTCPK:MMMM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 Belt Line Road, Suite 108E, Garland, TX, USA, 75040

Website

https://www.quadmsolutions.com

Quad M Solutions Inc along with its subsidiaries is engaged in the business of providing staffing services, back-office services including accounting, payroll and a full complement of HR benefits in its role as a Professional Employer Organization. Along with this, the company is also engaged in providing health plans and comprehensive benefits, insurance consulting services, re-insurance, employer retirement benefit services to small and medium-sized businesses. It generates revenue from staffing and business consulting services.

Executives

Delaine Hess Gruber

director, officer: president (effective 10/28/03

PO BOX 2796, COEUR D ALENE ID 83814