Liquid Meta Capital Holdings (NEOE:LIQD) Receivables Turnover : 4.80 (As of May. 2024)

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What is Liquid Meta Capital Holdings 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. Liquid Meta Capital Holdings's Revenue for the three months ended in May. 2024 was C$0.47 Mil. Liquid Meta Capital Holdings's average Accounts Receivable for the three months ended in May. 2024 was C$0.10 Mil. Hence, Liquid Meta Capital Holdings's Receivables Turnover for the three months ended in May. 2024 was 4.80.

Liquid Meta Capital Holdings Receivables Turnover Historical Data

The historical data trend for Liquid Meta Capital 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.

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Liquid Meta Capital Holdings Receivables Turnover Chart

Liquid Meta Capital Holdings Annual Data

Trend

May21

May22

May23

May24

Receivables Turnover

172.33

9.92

Liquid Meta Capital Holdings Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Receivables Turnover	Get a 7-Day Free Trial								1.77	3.11	3.00	2.98	4.80

Competitive Comparison of Liquid Meta Capital Holdings's Receivables Turnover

For the Software - Application subindustry, Liquid Meta Capital 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.

Liquid Meta Capital Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Liquid Meta Capital Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Liquid Meta Capital Holdings's Receivables Turnover falls into.

Liquid Meta Capital Holdings Receivables Turnover Calculation

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

Liquid Meta Capital Holdings's Receivables Turnover for the fiscal year that ended in May. 2024 is calculated as

	Receivables Turnover (A: May. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: May. 2024 )	/ (	(Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: May. 2024 ))	/	count )
=	0.749	/ (	(0.016	+	0.135)	/	2 )
=	0.749	/	0.0755
=	9.92

Liquid Meta Capital Holdings's Receivables Turnover for the quarter that ended in May. 2024 is calculated as

	Receivables Turnover (Q: May. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: May. 2024 )	/ (	(Accounts Receivable (Q: Feb. 2024 )	+	Accounts Receivable (Q: May. 2024 ))	/	count )
=	0.47	/ (	(0.061	+	0.135)	/	2 )
=	0.47	/	0.098
=	4.80

Liquid Meta Capital Holdings (NEOE:LIQD) 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.

Liquid Meta Capital Holdings Receivables Turnover Related Terms

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Liquid Meta Capital Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Liquid Meta Capital Holdings Ltd (NEOE:LIQD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1

Website

https://www.liquidmeta.io

Liquid Meta Capital Holdings Ltd is a decentralized finance infrastructure and technology company that is powering the next generation of open-access protocols and applications. The company is creating the bridge between traditional and decentralized finance while ushering in a new era of financial infrastructure.

Executives

Jon Wiesblatt

Director, Senior Officer

Liquid Meta Capital Holdings Headlines

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