SRAX (SRAX) Receivables Turnover: 23.49 (As of Jun. 2023)

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SRAX SRAX Inc SRAX
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What is SRAX Receivables Turnover?

SRAX SRAX 12 Receivables Turnover is 23.49 as of Jun. 2023. GuruFocus rates SRAX 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. SRAX's Revenue for the three months ended in Jun. 2023 was $1.90 Mil. SRAX's average Accounts Receivable for the three months ended in Jun. 2023 was $0.08 Mil. Hence, SRAX's Receivables Turnover for the three months ended in Jun. 2023 was 23.49.


SRAX  (OTCPK:SRAX) 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.


SRAX Receivables Turnover Related Terms


SRAX Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SRAX'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.

SRAX Receivables Turnover Chart

SRAX Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 2.72 5.85 23.95 56.97

SRAX Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 11.09 15.85 30.79 31.48 23.49

SRAX vs TZOO, MCHX, XNET: Receivables Turnover Comparison

For the Software - Application subindustry, SRAX'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.


SRAX Receivables Turnover vs Software Industry

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

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


SRAX
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SRAX Inc SRAX
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SRAX Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=27.859 / ((0.821 + 0.157) / 2 )
=27.859 / 0.489
=56.97

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

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=1.903 / ((0.098 + 0.064) / 2 )
=1.903 / 0.081
=23.49

* 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 23.49 mean?
SRAX (SRAX) has a Receivables Turnover of 23.49 as of Jun. 2023. 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 SRAX and its competitors.
Is SRAX's Receivables Turnover too high?
SRAX's current Receivables Turnover is 23.49. The Software industry median Receivables Turnover is 5.73. SRAX's value of 23.49 is 309.9% above this industry median. Overall, SRAX has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SRAX's Receivables Turnover compare to TZOO and MCHX?
SRAX's Receivables Turnover of 23.49 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.73. SRAX's value of 23.49 is 309.9% 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 a Software company?
The median Receivables Turnover among Software companies is 5.73, based on 2,782 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. SRAX's current Receivables Turnover of 23.49 is 309.9% 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 SRAX and its competitors. For the Software industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SRAX's current Receivables Turnover is 23.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRAX stock overvalued right now?
SRAX (SRAX) has a current Receivables Turnover of 23.49. The current Receivables Turnover is 23.49 and 309.9% above the Software industry median of 5.73. SRAX'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 SRAX (SRAX), the current Receivables Turnover is 23.49 as of Jun. 2023. 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.

SRAX Business Description

Address 2629 Townsgate Road, Suite 215, Westlake Village, CA, USA, 91361
SRAX Inc is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track investor's behavior and trends and use those insights to engage current and potential investors across marketing channels.
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