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RevoluGROUP Canada (RevoluGROUP Canada) Receivables Turnover : 0.00 (As of Feb. 2024)


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What is RevoluGROUP Canada 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. RevoluGROUP Canada's Revenue for the three months ended in Feb. 2024 was $0.13 Mil. RevoluGROUP Canada's average Accounts Receivable for the three months ended in Feb. 2024 was $0.00 Mil.


RevoluGROUP Canada Receivables Turnover Historical Data

The historical data trend for RevoluGROUP Canada'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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RevoluGROUP Canada Receivables Turnover Chart

RevoluGROUP Canada Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Receivables Turnover
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RevoluGROUP Canada Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of RevoluGROUP Canada's Receivables Turnover

For the Software - Application subindustry, RevoluGROUP Canada'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.


RevoluGROUP Canada's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where RevoluGROUP Canada's Receivables Turnover falls into.



RevoluGROUP Canada Receivables Turnover Calculation

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

RevoluGROUP Canada's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=0.323 / ((0 + 0) / 1 )
=0.323 / 0
=N/A

RevoluGROUP Canada's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=0.133 / ((0 + 0) / 1 )
=0.133 / 0
=N/A

* 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.


RevoluGROUP Canada  (OTCPK:MPSFF) 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.


RevoluGROUP Canada Receivables Turnover Related Terms

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RevoluGROUP Canada (RevoluGROUP Canada) Business Description

Traded in Other Exchanges
Address
4388 Still Creek Drive, Suite No. 211, Burnaby, BC, CAN, V5C 6C6
RevoluGROUP Canada Inc is a multi-vertical Fintech company generating revenue via its RevoluPAY mobile EU PSD2, FINTRAC and USA MSB II licensed banking app and Visa Card. RevoluSEND Remittances & Forex, RevoluEX Crypto Exchange, RevoluCHARGE pay-as-you-go top-up, RevolUTILITY Virtual Store, RevoluREALTY real-estate, REVOLUEGAME gaming, RevoluPOS Global mobile POS, RevoluFIN Loans and Lending, RevoluVIP members only net rate Travel Club to more than 120 countries.