Marvion (Marvion) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is Marvion 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. Marvion's Revenue for the three months ended in Mar. 2024 was $0.09 Mil. Marvion's average Accounts Receivable for the three months ended in Mar. 2024 was $0.00 Mil.

Marvion Receivables Turnover Historical Data

The historical data trend for Marvion'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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Marvion Receivables Turnover Chart

Marvion Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

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Jun13

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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Marvion Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															-	-	248.67	492.75	-

Competitive Comparison of Marvion's Receivables Turnover

For the Entertainment subindustry, Marvion'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.

Marvion's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marvion's Receivables Turnover distribution charts can be found below:

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

Marvion Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	14.455	/ (	(0	+	0)	/	1 )
=	14.455	/	0
=	N/A

Marvion's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0.093	/ (	(0	+	0)	/	1 )
=	0.093	/	0
=	N/A

Marvion (OTCPK:MVNCD) 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.

Marvion Receivables Turnover Related Terms

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Marvion (Marvion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marvion Inc (OTCPK:MVNCD) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190

Website

https://www.marvion.media

Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; a DOT solution service business through its subsidiary in Singapore which generates the majority of the revenue, and strategic business and management advisory services through its subsidiary in Hong Kong.