SKYX (SKYX Platforms) Receivables Turnover: 11.68 (As of Jun. 2026)

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SKYX SKYX Platforms Corp SKYX
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What is SKYX Platforms Receivables Turnover?

SKYX Platforms SKYX +9.84% 20 Receivables Turnover is 11.68 as of Jun. 2026. GuruFocus rates SKYX with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 3,045 Industrial Products companies, SKYX Platforms ranks better than 99.28% on this metric.

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. SKYX Platforms's Revenue for the three months ended in Jun. 2026 was $25.27 Mil. SKYX Platforms's average Accounts Receivable for the three months ended in Jun. 2026 was $2.16 Mil. Hence, SKYX Platforms's Receivables Turnover for the three months ended in Jun. 2026 was 11.68.


SKYX Platforms  (NAS:SKYX) 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.


SKYX Platforms Receivables Turnover Related Terms


SKYX Platforms Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SKYX Platforms'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.

SKYX Platforms Receivables Turnover Chart

SKYX Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.50 0.00 17.37 29.75 42.74

SKYX Platforms Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.97 8.71 9.89 11.55 11.68

SKYX vs UTKN, ESP, EAF: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, SKYX Platforms'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.


SKYX Platforms Receivables Turnover vs Industrial Products Industry

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

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


SKYX
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SKYX Platforms Corp SKYX
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SKYX Platforms Receivables Turnover Calculation

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

SKYX Platforms's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=92.01 / ((2.415 + 1.891) / 2 )
=92.01 / 2.153
=42.74

SKYX Platforms's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=25.271 / ((1.934 + 2.392) / 2 )
=25.271 / 2.163
=11.68

* 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 11.68 mean?
SKYX Platforms (SKYX) has a Receivables Turnover of 11.68 as of Jun. 2026. 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 SKYX Platforms and its competitors. According to the industry distribution chart, SKYX Platforms ranks #22 out of 3045 companies in the Industrial Products industry, placing it in the top 0.7%.
Is SKYX Platforms' Receivables Turnover too high?
SKYX Platforms' current Receivables Turnover is 11.68. The Industrial Products industry median Receivables Turnover is 4.51. SKYX Platforms' value of 11.68 is 159% above this industry median. Based on the distribution chart, SKYX Platforms ranks #22 out of 3045 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, SKYX Platforms has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does SKYX Platforms' Receivables Turnover compare to UTKN and ESP?
According to the Industrial Products industry distribution chart, SKYX Platforms ranks #22 out of 3045 companies for Receivables Turnover. This places SKYX Platforms in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.51. SKYX Platforms' value of 11.68 is 159% above 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,045 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. SKYX Platforms's current Receivables Turnover of 11.68 is 159% above 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 SKYX Platforms and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SKYX Platforms's current Receivables Turnover is 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKYX Platforms stock overvalued right now?
SKYX Platforms (SKYX) has a current Receivables Turnover of 11.68. The current Receivables Turnover is 11.68 and 159% above the Industrial Products industry median of 4.51. SKYX Platforms' overall GF Score™ is 20/100 with 5 warning signs to review. 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 SKYX Platforms (SKYX), the current Receivables Turnover is 11.68 as of Jun. 2026. 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.

SKYX Platforms Business Description

Address 2855 West McNab Road, Pompano Beach, FL, USA, 33069
SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. Its technology consists of a weight-bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post, and is capable of feeding electric power to an appliance. It generates its income from lighting and heating products sold in the USA.
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