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. Starrex International's Revenue for the
three
months ended in Mar. 2024 was $1.25 Mil. Starrex International's average Accounts Receivable for the
three
months ended in Mar. 2024 was $0.33 Mil.
Hence, Starrex International's Receivables Turnover for the
three
months ended in Mar. 2024 was 3.75.
Starrex International (OTCPK:STXMF) 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.
Starrex International Receivables Turnover Related Terms
Starrex International Receivables Turnover Historical Data
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The historical data trend for Starrex International'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.
STXMF vs LRBI, FNMA, COOP: Receivables Turnover Comparison
For the Mortgage Finance subindustry, Starrex International'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.
Starrex International Receivables Turnover vs Banks Industry
For the Banks industry and Financial Services sector, Starrex International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Starrex International's Receivables Turnover falls into.
* 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.
Starrex International (STXMF) has a Receivables Turnover of 3.75 as of Mar. 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 Starrex International and its competitors.
Is Starrex International's Receivables Turnover too high?
Starrex International's current Receivables Turnover is 3.75. The Banks industry median Receivables Turnover is 14.67. Starrex International's value of 3.75 is 74.4% below this industry median. Overall, Starrex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Starrex International's Receivables Turnover compare to LRBI and FNMA?
Starrex International's Receivables Turnover of 3.75 can be compared against companies in the Banks industry. The industry median Receivables Turnover is 14.67. Starrex International's value of 3.75 is 74.4% 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 Banks company?
The median Receivables Turnover among Banks companies is 14.67, based on 34 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. Starrex International's current Receivables Turnover of 3.75 is 74.4% 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 Starrex International and its competitors. For the Banks industry, the median Receivables Turnover is 14.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starrex International's current Receivables Turnover is 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starrex International stock overvalued right now?
Starrex International (STXMF) has a current Receivables Turnover of 3.75. The current Receivables Turnover is 3.75 and 74.4% below the Banks industry median of 14.67. Starrex International'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 Starrex International (STXMF), the current Receivables Turnover is 3.75 as of Mar. 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.
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Starrex International Ltd. or Corporate, manages the wholly owned subsidiaries, as well as shareholder services and corporate governance; MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities; and All American Title Company, LLC. provides services required to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing and insuring the condition of the title to the property.
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