PLTXF (JIVA Technologies) Receivables Turnover : 9.51 (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is JIVA Technologies 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. JIVA Technologies's Revenue for the three months ended in Dec. 2024 was $0.62 Mil. JIVA Technologies's average Accounts Receivable for the three months ended in Dec. 2024 was $0.07 Mil. Hence, JIVA Technologies's Receivables Turnover for the three months ended in Dec. 2024 was 9.51.

JIVA Technologies Receivables Turnover Historical Data

The historical data trend for JIVA Technologies'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.

* Premium members only.

JIVA Technologies Receivables Turnover Chart

JIVA Technologies Annual Data

Trend

Jul19

Jul20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

2.54

12.82

16.96

17.35

JIVA Technologies Quarterly Data
	Jul19	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial														4.80	-	13.56	12.08	9.51

Competitive Comparison of JIVA Technologies's Receivables Turnover

For the Internet Retail subindustry, JIVA Technologies'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.

JIVA Technologies's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JIVA Technologies's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

JIVA Technologies Receivables Turnover Calculation

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

JIVA Technologies's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	5.395	/ (	(0.573	+	0.049)	/	2 )
=	5.395	/	0.311
=	17.35

JIVA Technologies's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	0.618	/ (	(0.089	+	0.041)	/	2 )
=	0.618	/	0.065
=	9.51

JIVA Technologies (OTCPK:PLTXF) 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.

JIVA Technologies Receivables Turnover Related Terms

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

JIVA Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JIVA Technologies Inc (OTCPK:PLTXF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

WNT0:Germany JIVA:Canada

Address

1861 Mamquam Road, Squamish, BC, CAN, V8B 0H5

Website

https://www.plantx.com

JIVA Technologies Inc is engaged in building niche online wellness communities and creating immersive physical environments. It owns and operates Bloombox Club, an online plant delivery marketplace serving the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, Spain, and Italy. The company is actively pursuing joint ventures to empower wellness brands online by building their websites and managing all digital marketing.