SING (SinglePoint) Receivables Turnover: 3.73 (As of Dec. 2024)


SING SinglePoint Inc SING
12 GF Score
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What is SinglePoint Receivables Turnover?

SinglePoint SING 12 Receivables Turnover is 3.73 as of Dec. 2024. GuruFocus rates SING with a GF Score™ of 12/100.

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. SinglePoint's Revenue for the three months ended in Dec. 2024 was $5.16 Mil. SinglePoint's average Accounts Receivable for the three months ended in Dec. 2024 was $1.38 Mil. Hence, SinglePoint's Receivables Turnover for the three months ended in Dec. 2024 was 3.73.


SinglePoint  (OTCPK:SING) 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.


SinglePoint Receivables Turnover Related Terms


SinglePoint Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SinglePoint'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.

SinglePoint Receivables Turnover Chart

SinglePoint Annual Data
Trend Oct08 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.69 17.21 13.94 12.81 20.41

SinglePoint Quarterly Data
Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.33 2.95 3.35 3.28 3.73

SING vs VSTTF, NOVAQ, FSLR: Receivables Turnover Comparison

For the Solar subindustry, SinglePoint'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.


SinglePoint Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SinglePoint's Receivables Turnover distribution charts can be found below:

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


SING
12GF Score
SinglePoint Inc SING
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SinglePoint Receivables Turnover Calculation

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

SinglePoint's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=20.283 / ((1.076 + 0.912) / 2 )
=20.283 / 0.994
=20.41

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

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=5.159 / ((1.853 + 0.912) / 2 )
=5.159 / 1.3825
=3.73

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.73 mean?
SinglePoint (SING) has a Receivables Turnover of 3.73 as of Dec. 2024. The accounts 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. View historical data on SinglePoint and its competitors.
Is SinglePoint's Receivables Turnover too high?
SinglePoint's current Receivables Turnover is 3.73. The Semiconductors industry median Receivables Turnover is 5.82. SinglePoint's value of 3.73 is 35.9% below this industry median. Overall, SinglePoint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SinglePoint's Receivables Turnover compare to VSTTF and NOVAQ?
SinglePoint's Receivables Turnover of 3.73 can be compared against companies in the Semiconductors industry. The industry median Receivables Turnover is 5.82. SinglePoint's value of 3.73 is 35.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SinglePoint's current Receivables Turnover of 3.73 is 35.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on SinglePoint and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SinglePoint's current Receivables Turnover is 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinglePoint stock overvalued right now?
SinglePoint (SING) has a current Receivables Turnover of 3.73. The current Receivables Turnover is 3.73 and 35.9% below the Semiconductors industry median of 5.82. SinglePoint's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For SinglePoint (SING), the current Receivables Turnover is 3.73 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SinglePoint Business Description

Address 3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016
SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. Its primary focus is sustainability by providing an integrated solar energy solution for the customers and clean environment solutions through its air purification business. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector, addressing the need for air purification in schools and offices. The company is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service, and additional energy-efficient appliances that enhance sustainability.
12GF Score

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