STMDF (StartMonday Technology) Receivables Turnover: 2.17 (As of Sep. 2018)


What is StartMonday Technology Receivables Turnover?

StartMonday Technology STMDF -99.00% Receivables Turnover is 2.17 as of Sep. 2018.

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. StartMonday Technology's Revenue for the three months ended in Sep. 2018 was $0.05 Mil. StartMonday Technology's average Accounts Receivable for the three months ended in Sep. 2018 was $0.02 Mil. Hence, StartMonday Technology's Receivables Turnover for the three months ended in Sep. 2018 was 2.17.

StartMonday Technology  (OTCPK:STMDF) 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.

StartMonday Technology Receivables Turnover Related Terms

StartMonday Technology Receivables Turnover Historical Data

* Premium members only.

The historical data trend for StartMonday Technology'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.

StartMonday Technology Receivables Turnover Chart

StartMonday Technology Annual Data
Trend Dec15 Dec16 Dec17
Receivables Turnover
2.78 2.63 19.53

StartMonday Technology Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 5.54 3.76 2.48 2.17

STMDF vs DSNY, QUES, ANY: Receivables Turnover Comparison

For the Software - Application subindustry, StartMonday Technology'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.

StartMonday Technology Receivables Turnover vs Software Industry

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

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


StartMonday Technology Receivables Turnover Calculation

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

StartMonday Technology's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=0.166 / ((0.01 + 0.007) / 2 )
=0.166 / 0.0085
=19.53

StartMonday Technology's Receivables Turnover for the quarter that ended in Sep. 2018 is calculated as

Receivables Turnover (Q: Sep. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2018 ) / ((Accounts Receivable (Q: Jun. 2018 ) + Accounts Receivable (Q: Sep. 2018 )) / count )
=0.051 / ((0.015 + 0.032) / 2 )
=0.051 / 0.0235
=2.17

* 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 2.17 mean?
StartMonday Technology (STMDF) has a Receivables Turnover of 2.17 as of Sep. 2018. 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 StartMonday Technology and its competitors.
Is StartMonday Technology's Receivables Turnover too high?
StartMonday Technology's current Receivables Turnover is 2.17. The Software industry median Receivables Turnover is 5.67. StartMonday Technology's value of 2.17 is 61.7% below this industry median.
How does StartMonday Technology's Receivables Turnover compare to DSNY and QUES?
StartMonday Technology's Receivables Turnover of 2.17 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.67. StartMonday Technology's value of 2.17 is 61.7% 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 Software company?
The median Receivables Turnover among Software companies is 5.67, based on 2,769 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. StartMonday Technology's current Receivables Turnover of 2.17 is 61.7% 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 StartMonday Technology and its competitors. For the Software industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StartMonday Technology's current Receivables Turnover is 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StartMonday Technology stock overvalued right now?
StartMonday Technology (STMDF) has a current Receivables Turnover of 2.17. The current Receivables Turnover is 2.17 and 61.7% below the Software industry median of 5.67. 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 StartMonday Technology (STMDF), the current Receivables Turnover is 2.17 as of Sep. 2018. 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.

StartMonday Technology Business Description

Address 1920 - 1177 W Hastings Street, Vancouver, BC, CAN, V6E 2K3
StartMonday Technology Corp is principally engaged in candidate selection solutions for employers in the retail and hospitality sectors. The company generates its revenue in the form of licensing services.