Micromem Technologies (Micromem Technologies) Receivables Turnover : 0.00 (As of Jan. 2024)

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What is Micromem Technologies 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. Micromem Technologies's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Micromem Technologies's average Accounts Receivable for the three months ended in Jan. 2024 was $0.00 Mil.

Micromem Technologies Receivables Turnover Historical Data

The historical data trend for Micromem 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.

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Micromem Technologies Receivables Turnover Chart

Micromem Technologies Annual Data

Trend

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Receivables Turnover

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Micromem Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
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Competitive Comparison of Micromem Technologies's Receivables Turnover

For the Semiconductors subindustry, Micromem 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.

Micromem Technologies's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micromem Technologies's Receivables Turnover distribution charts can be found below:

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

Micromem Technologies Receivables Turnover Calculation

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

Micromem Technologies's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Receivables Turnover (A: Oct. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2023 )	/ (	(Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Micromem Technologies's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Micromem Technologies (OTCPK:MMTIF) 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.

Micromem Technologies Receivables Turnover Related Terms

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Micromem Technologies (Micromem Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micromem Technologies Inc (OTCPK:MMTIF) » Definitions » Receivables Turnover

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MRM:Canada

Address

121 Richmond Street West, Suite 304, Toronto, ON, CAN, M5H 2K1

Website

https://www.micromeminc.com

Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.

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