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Minehub Technologies (STU:2RS0) Receivables Turnover : 1.12 (As of Oct. 2024)


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What is Minehub Technologies 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. Minehub Technologies's Revenue for the three months ended in Oct. 2024 was €0.27 Mil. Minehub Technologies's average Accounts Receivable for the three months ended in Oct. 2024 was €0.24 Mil. Hence, Minehub Technologies's Receivables Turnover for the three months ended in Oct. 2024 was 1.12.


Minehub Technologies Receivables Turnover Historical Data

The historical data trend for Minehub Technologies'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.

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Minehub Technologies Receivables Turnover Chart

Minehub Technologies Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
- 0.53 - 0.87 6.53

Minehub Technologies Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.20 1.63 1.91 1.10 1.12

Competitive Comparison of Minehub Technologies's Receivables Turnover

For the Software - Application subindustry, Minehub Technologies'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.


Minehub Technologies's Receivables Turnover Distribution in the Software Industry

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

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


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Minehub Technologies Receivables Turnover Calculation

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

Minehub Technologies's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=1.374 / ((0.148 + 0.273) / 2 )
=1.374 / 0.2105
=6.53

Minehub Technologies's Receivables Turnover for the quarter that ended in Oct. 2024 is calculated as

Receivables Turnover (Q: Oct. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2024 ) / ((Accounts Receivable (Q: Jul. 2024 ) + Accounts Receivable (Q: Oct. 2024 )) / count )
=0.268 / ((0.274 + 0.205) / 2 )
=0.268 / 0.2395
=1.12

* 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.


Minehub Technologies  (STU:2RS0) 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.


Minehub Technologies Receivables Turnover Related Terms

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Minehub Technologies Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3
Minehub Technologies Inc is a technology company engaged in the development and operation of a digital supply chain platform for the commodity markets.

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