Ace Integrated Solutions (NSE:ACEINTEG) Receivables Turnover : 0.52 (As of Dec. 2023)

Ace Integrated Solutions Receivables Turnover Chart

Ace Integrated Solutions Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Receivables Turnover		Get a 7-Day Free Trial					0.94	2.29	0.92	1.37	1.17

Ace Integrated Solutions Quarterly Data
	Dec16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.16	0.38	0.27	0.41	0.52

Competitive Comparison of Ace Integrated Solutions's Receivables Turnover

For the Staffing & Employment Services subindustry, Ace Integrated Solutions'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.

Ace Integrated Solutions's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ace Integrated Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ace Integrated Solutions's Receivables Turnover falls into.

Ace Integrated Solutions Receivables Turnover Calculation

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

Ace Integrated Solutions's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Ace Integrated Solutions's Receivables Turnover for the quarter that ended in Dec. 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.

Ace Integrated Solutions  (NSE:ACEINTEG) 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.

Ace Integrated Solutions Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Ace Integrated Solutions's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ace Integrated Solutions (NSE:ACEINTEG) Business Description