RanMarine Technology BV (RanMarine Technology BV) Receivables Turnover : 0.00 (As of Jun. 2023)

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What is RanMarine Technology BV 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. RanMarine Technology BV's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. RanMarine Technology BV's average Accounts Receivable for the three months ended in Jun. 2023 was $0.11 Mil.

RanMarine Technology BV Receivables Turnover Historical Data

The historical data trend for RanMarine Technology BV'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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RanMarine Technology BV Receivables Turnover Chart

RanMarine Technology BV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

9.70

15.94

6.36

RanMarine Technology BV Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of RanMarine Technology BV's Receivables Turnover

For the Pollution & Treatment Controls subindustry, RanMarine Technology BV'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.

RanMarine Technology BV's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RanMarine Technology BV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where RanMarine Technology BV's Receivables Turnover falls into.

RanMarine Technology BV Receivables Turnover Calculation

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

RanMarine Technology BV's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	0.458	/ (	(0.012	+	0.132)	/	2 )
=	0.458	/	0.072
=	6.36

RanMarine Technology BV's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	0	/ (	(0.132	+	0.08)	/	2 )
=	0	/	0.106
=	N/A

RanMarine Technology BV (NAS:RAN) 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.

RanMarine Technology BV Receivables Turnover Related Terms

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RanMarine Technology BV (RanMarine Technology BV) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.ranmarine.io

RanMarine Technology BV is a pioneering company specializing in the design and development of advanced technologies, including autonomous surface vessels (ASVs) for the efficient cleanup of pollution, bio-waste, and debris in various aquatic environments and waterways.

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