Near Intelligence (Near Intelligence) Receivables Turnover : 0.73 (As of Jun. 2023)

Near Intelligence Receivables Turnover Chart

Near Intelligence Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23
Receivables Turnover	Get a 7-Day Free Trial				0.84	0.59	0.60	0.59	0.73

Competitive Comparison of Near Intelligence's Receivables Turnover

For the Software - Application subindustry, Near Intelligence'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.

Near Intelligence's Receivables Turnover Distribution in the Software Industry

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

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

Near Intelligence Receivables Turnover Calculation

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

Near Intelligence's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Near Intelligence's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

* 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.

Near Intelligence  (OTCPK:NIRLQ) 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.

Near Intelligence Receivables Turnover Related Terms

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Near Intelligence (Near Intelligence) Business Description