MOND (Mondee Holdings) Receivables Turnover: 0.59 (As of Jun. 2024)


What is Mondee Holdings Receivables Turnover?

Mondee Holdings MOND -99.92% Receivables Turnover is 0.59 as of Jun. 2024.

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. Mondee Holdings's Revenue for the three months ended in Jun. 2024 was $58.3 Mil. Mondee Holdings's average Accounts Receivable for the three months ended in Jun. 2024 was $99.0 Mil. Hence, Mondee Holdings's Receivables Turnover for the three months ended in Jun. 2024 was 0.59.


Mondee Holdings  (OTCPK:MOND) 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.


Mondee Holdings Receivables Turnover Related Terms


Mondee Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mondee Holdings'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.

Mondee Holdings Receivables Turnover Chart

Mondee Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Receivables Turnover
12.29 12.00 10.00 3.23

Mondee Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only 0.59 0.50 0.55 0.53 0.59

MOND vs EBET, LUXH, FUNFF: Receivables Turnover Comparison

For the Travel Services subindustry, Mondee Holdings'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.


Mondee Holdings Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mondee Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mondee Holdings's Receivables Turnover falls into.



Mondee Holdings Receivables Turnover Calculation

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

Mondee Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=223.325 / ((21.733 + 116.632) / 2 )
=223.325 / 69.1825
=3.23

Mondee Holdings's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=58.326 / ((103.589 + 94.347) / 2 )
=58.326 / 98.968
=0.59

* 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 0.59 mean?
Mondee Holdings (MOND) has a Receivables Turnover of 0.59 as of Jun. 2024. 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 Mondee Holdings and its competitors.
Is Mondee Holdings' Receivables Turnover too high?
Mondee Holdings' current Receivables Turnover is 0.59. The Travel & Leisure industry median Receivables Turnover is 13.91. Mondee Holdings' value of 0.59 is 95.8% below this industry median.
How does Mondee Holdings' Receivables Turnover compare to EBET and LUXH?
Mondee Holdings' Receivables Turnover of 0.59 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 13.91. Mondee Holdings' value of 0.59 is 95.8% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 13.91, based on 829 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. Mondee Holdings's current Receivables Turnover of 0.59 is 95.8% 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 Mondee Holdings and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 13.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mondee Holdings's current Receivables Turnover is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mondee Holdings stock overvalued right now?
Mondee Holdings (MOND) has a current Receivables Turnover of 0.59. The current Receivables Turnover is 0.59 and 95.8% below the Travel & Leisure industry median of 13.91. 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 Mondee Holdings (MOND), the current Receivables Turnover is 0.59 as of Jun. 2024. 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.

Mondee Holdings Business Description

Address 10800 Pecan Park Boulevard, Suite 400, Austin, TX, USA, 78750
Mondee Holdings Inc is a travel technology company & marketplace with a portfolio of leisure & corporate travel sectors. The company provides AI platforms, technologies, operating systems, & services that enable travel transactions to serve travelers directly or through travel affiliates. The company has two segments Travel Marketplace & SAAS Platform. The Travel Marketplace segment consists of selling airline tickets through the proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The majority is from the Travel Marketplace segment. Geographically, the key revenue is from the United States.