GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAI.TECH Global Corp (NAS:SAI) » Definitions » Receivables Turnover

SAI.TECH Global (SAI.TECH Global) Receivables Turnover : 2.57 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is SAI.TECH Global 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. SAI.TECH Global's Revenue for the six months ended in Dec. 2023 was $3.75 Mil. SAI.TECH Global's average Accounts Receivable for the six months ended in Dec. 2023 was $1.46 Mil. Hence, SAI.TECH Global's Receivables Turnover for the six months ended in Dec. 2023 was 2.57.

SAI.TECH Global Receivables Turnover Historical Data

The historical data trend for SAI.TECH Global'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.

SAI.TECH Global Receivables Turnover Chart

SAI.TECH Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
- 38.37 27.82 7.84 5.55

SAI.TECH Global Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial 3.36 5.80 4.74 1.70 2.57

Competitive Comparison of SAI.TECH Global's Receivables Turnover

For the Capital Markets subindustry, SAI.TECH Global'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.

SAI.TECH Global's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SAI.TECH Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SAI.TECH Global's Receivables Turnover falls into.


SAI.TECH Global Receivables Turnover Calculation

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

SAI.TECH Global's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=6.776 / ((1.541 + 0.9) / 2 )
=6.776 / 1.2205
=5.55

SAI.TECH Global's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=3.75 / ((2.021 + 0.9) / 2 )
=3.75 / 1.4605
=2.57

* 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.

SAI.TECH Global  (NAS:SAI) 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.

SAI.TECH Global Receivables Turnover Related Terms

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

SAI.TECH Global (SAI.TECH Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAI.TECH Global Corp (NAS:SAI) » Definitions » Receivables Turnover
Comparable Companies
PHIL CRMZ SWIN AGBA SDIG MEGL TCJH BTM BTCS GREE MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688
Traded in Other Exchanges
N/A
Address
195 Pearl’s Hill Terrace, Number 01-05, Singapore, SGP, 168976
Website
https://www.sai.tech
SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.
Executives
Michael Davidov director 60 EAST 42 STREET, NEW YORK NY 10165
Tao Jiang director 3 STONER AVE, GREAT NECK NY 11021
Luqi Wen officer: CFO and Secretary 3 STONER AVE, GREAT NECK NY 11021
Jianwei Li director, 10 percent owner, officer: Chairman and Co-CEO 3 STONER AVE, GREAT NECK NY 11021
David Xianglin Li director 3 STONER AVE, GREAT NECK NY 11021
Tradeup Global Sponsor Llc director, 10 percent owner 3 STONER AVE, GREAT NECK NY 11021
Lei Huang officer: Co-Chief Executive Officer 3 STONER AVE, GREAT NECK NY 10021